Tag Archives: s market

Refinance Your Mortgage Now

Lilly Nelson writes: You have been in your house for a few years. You still have to pay your homeowners insurance. The budget belt is getting tighter due to an alarming 6.6% interest rate on your mortgage. Sure you get … Continue reading

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Tthe most affordable pre-foreclosure acquisition company in the United States

New Line Equity have a successful niche: We are the most affordable pre-foreclosure acquisition company in the United States. We show people how to acquire the title of homes that are facing foreclosure in their desired area. The title is … Continue reading

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Foreclosed Properties Selling At 10-15% Below Market Values

About a third of all home sales are of foreclosed properties where lenders are particularly eager to get rid of the things. You can still get mortgages for less than 5% interest. It is still a buyer’s market. Michael Hirsch … Continue reading

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Paralyzed Home Buyers

There’s a disadvantage to being single in the big city. It is easy to go through life thinking there’s always a better deal out there. Yes, your girlfriend is nice and sweet, but maybe you could date a knockout. Someone … Continue reading

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Cutting Out Real Estate Agents

From the New York Times: For sellers who have watched the prices on their houses slide in recent months, the idea of eliminating the middleman — a real estate agent and his or her 6 percent commission — can be … Continue reading

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Developers Desperation In Tough Mortgage Times

From the Independent of London: BM Solutions last week reduced its maximum loan to value (LTV) from 85 to 75 per cent of the selling price of new-build apartments, while Scarborough building society went a step further, insisting on a … Continue reading

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Buying A Second Home

The Chicago Tribune says: Most second-home buyers have time on their sides, even more so in this buyer’s market, says Margaret S. Canfield, an agent with Keefe Real Estate in Lake Geneva, Wis. Renting for a couple seasons is one … Continue reading

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Buying a Second Home: Income, Getaway or Retirement

From amazon.com: Midwest Book Review says: The purchase of a second home for use as an income property, for vacation getaways, for retirement, is becoming more and more popular and no longer relegated to the upper income wealthy. Indeed, in … Continue reading

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Australia’s Bond Market

May 16 (Bloomberg) — Australia‘s market for securities backed by residential mortgages, which ground to a standstill last year amid the global credit squeeze, shows signs of improving, said Guy Debelle, a Reserve Bank assistant governor. Debelle, whose speech didn’t … Continue reading

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Banks Raising Billions?

Why? Because they’re losing billions of dollars on stupid loans they made to people unable to pay them back on property not worth what was claimed. Banks are embarrassed about their big dilutions but they have no choice if they … Continue reading

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