Archives for July 2010

Loan Modification Pitfalls

We all know there are people out there who are constantly looking for ways to take advantage of people. This can be especially true for those faced with hard economic times. It’s no secret that the majority of scams prey mainly on those struggling to make their mortgage payments and are on the brink of […]

How Long Will Mortgage Rates Stay This Low?

Can you imagine interest rates at 18%? That’s where they were in 1981. That’s a $2,260 monthly payment on a $150,000 home. Wow! The same home today would cost about $800 a month. What a difference the interest rate makes. A key concern for economists right now is interest rates and how long they will […]

Why Are You Obsessing Over List Price?

Showing properties on a regular basis, I tend to meet some peculiar buyers that seem to get information from… well no one knows because it doesn’t often make sense. However one of the most common hang ups buyers seem to have is the unwillingness to write offers at, or above the asking price. (If you […]

Real Estate A Generational Opportunity

With interest rates at ridiculous lows and affordability quite high, you may have been hearing that this is the best time to buy a home, an investment property or just about any real estate. I’ve even heard from some economists calling this a generational opportunity to buy, meaning this will be and is the best […]