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Real Estate

Help for Second Home Loans from the Government

Help for Second Home Loans from the Government

Help for Second Home Loans from the Government In April 2010, the Obama Administration is due to launch a series of alternatives to foreclosures in a bid to stanch the real estate bleeding. In fact,… 

What Do Mortgages Encompass in Real Estate Transaction?

What Do Mortgages Encompass in Real Estate Transaction?

Purchasing real estate, residential or commercial, most often requires large sums of money. While potential purchasers might borrow from family and friends to consummate the transaction, financial institutions such as banks, loan associations and credit… 

Residential Real Estate Recovery Remains Elusive

Residential Real Estate Recovery Remains Elusive

The latest data on the residential real estate does not provide a rosy picture. In fact, the data indicate, overall, housing inventories rose for the eighth consecutive month in August of 2010. Let us explore… 

How Could You Obtain Lower Mortgages Now?

How Could You Obtain Lower Mortgages Now?

Real estate market is still undergoing a strategic metamorphosis. In fact, many home prices are still depreciating further and apparently, we have not yet hit the bottom. This creates an auspicious opportunity for people who… 

When Should You and Should Not Refinance?

When Should You and Should Not Refinance?

Some homeowners may think refinancing to a lower rate is always the best idea. Let us analyze when you should refinance if you can, and when you should not do so. 1. REFINANCE, IF YOU… 

What Does Escrow Encompass in Real Estate Transactions?

What Does Escrow Encompass in Real Estate Transactions?

Many real estate transactions, to some extent, involve escrow. In fact, escrow is a term often used but not often delineated. Let us further educate ourselves on what escrow entails and how we could intelligently… 

Real Estate Outlook Gloomier As Lenders Further Tighten Lending

Real Estate Outlook Gloomier As Lenders Further Tighten Lending

Residential and commercial real estate markets are bedeviled by recurring woes despite rather reasonable expectations for the markets to restore to relative normalcy by now. In fact, the predominant practice of borrowing ONLY to a… 

Are Jumbo Loans Making a Real Comeback? Not Really

Are Jumbo Loans Making a Real Comeback? Not Really

Some of the latest data suggest lenders might be loosening their spigots when it comes to jumbo loans. Nonetheless, problems still abound for borrowers of such loans, ranging from relatively large down payments to slow…