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Sunday, July 10, 2011 8:09 PM

Fastest Way to Sell a Home? Underprice By 10%

Home sellers probably won’t be too happy, but housing experts in an article at CNNMoney say that underpricing a home by 10 percent may help it sell faster. And while sellers may lose out on thousands from the sale, they likely will avoid months
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Sunday, July 10, 2011 8:07 PM

Second Chance for Owners Who Lost Homes

More than 2 million home owners who were foreclosed on or were in the process of a foreclosure during 2009 or 2010 can now ask for a review of their case, banking regulators announced this week. The move is to help identify home owners who may have been
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Thursday, April 07, 2011 12:11 PM

Revamped Foreclosure Procedures Coming Soon

The country’s top mortgage servicers have reportedly reached an agreement on changes to their foreclosure procedures. The consent agreement has not yet been made public, but The New York Times was able to get a preview of what the agreement contains
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Saturday, April 02, 2011 11:10 AM

Housing Shortage on the Horizon?

Mike Castleman, founder and CEO of Metrostudy, which tracks real-time data of the country’s inventory of new homes, says a housing shortage is looming that will soon will create a huge surge in demand for new homes. As such, now is the time to buy,
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Tuesday, February 22, 2011 2:35 PM

After a short sale or a foreclosure, will there be taxes owed on the ‘forgiven debt’?

Consult your CPA for more details, but the bottom line is: most homeowners will not owe tax on the forgiven amount. Prior to the Mortgage Forgiveness Debt Relief Act (HR3648), homeowners of primary residences were subject to a “Phantom Tax”
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Friday, January 21, 2011 12:20 PM

December Existing-Home Sales Jump

Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of REALTORS ® . Existing-home sales , which are completed transactions that include single-family,
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Monday, December 27, 2010 2:53 PM

A Year of Contrasts in Real Estate

This has been a year of real estate contrasts: While many consumers have taken advantage of historic buying opportunities and the market has seen a gradual stabilization of sales and prices, other challenges facing the nation have led some to question
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Monday, November 29, 2010 11:22 AM

Jobs, Lending Key in Market Recovery

Low interest rates are not enough to bring the market into full recovery, real estate prognosticators say. Kenneth Rosen, chair of the Fisher Center for Real Estate at the University of California, Berkeley, points to pent-up demand and cheap loans as
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Friday, August 13, 2010 11:40 AM

History will repeat itself

I hope all is well in your world today. I wanted to write you and give you some of my thoughts and opinions on what I see developing in the housing and economic climates. Home loan interest rates are at an all time low, as of 12 th August it hit 4.4 percent,
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Saturday, August 07, 2010 10:47 AM

Senate Approves Increase in FHA Fees

Senate Approves Increase in FHA Fees The Senate on Wednesday gave the Federal Housing Administration the go-ahead to raise monthly fees that borrowers pay the agency. The annual fee is expected to raise from the current rate of 0.55 percent to 0.9 percent
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