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This Dr. Housing Bubble article may as well have been addressed directly to Starchy. Take a look at the home sales trends of the past 5 years and how they relate to home prices. Recall that when sales tanked back in 2007, prices tanked 6-12 months after. SoCal sales numbers for August/Sept/Oct/Nov 2010 were among the worst [...]
House price in the UK continues to fall in November 2010. Mortgage lenders describe the recovery of mortgage as still “not in sight”. Potential house buyers are more frustrated than ever. According to a survey by LSL Property Services, these buyers are continuing to push up the rental cost of a property in the UK. [...]
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My wife and I are in the market for a new home. We have done some research online, and have trouble finding a broker with experience in our situation. We are looking for a loan that best suits our needs as a family. Working full time and my wife is housewife. We have no student [...]
We are currently waiting for a short sale in Monclar mid hills. I wonder if the 2 bed / 1bath right around 1000 square feet with a $ 4k termite report and a new roof is a fair price in the low $ 400K range? The interior is as moving as lists in the houses [...]
I almost double my current home worth (1st and 2nd HELOC). I have about $ 15,000 to put into a new house with a credit score of 790 what is the best way of trying to buy a house before I approach the bank about a short sale or allow foreclosure? I go to another [...]
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An owner in Palm Beach Gardens, FL owns a house that has a 1st mortgage and a home owner equity loan both collaterized by the home. He moves and buys another house because of a job change. He is under water on the FL house but is current with all his payments. He wants to [...]
Continue reading about Transferring the collateral for a home equity loan from one house to another?
Are home prices going to plunge in value? If so, should you sell your homes now to avoid a) lost potential gains, and b) being underwater on your mortgage? Well if they do plunge in value both a) and b) are certainties and we will enter a depression, in which case it’s time to emigrate [...]
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