This site contains a compilation of information regarding Buying – Owning and Selling Real Estate, with an emphasis on the unique requirements of Condominiums.
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This site contains a compilation of information regarding Buying – Owning and Selling Real Estate, with an emphasis on the unique requirements of Condominiums. May 9, 2010 (AP Photo/Patrick Semansky) Last Sunday’s 60 minutes featured a piece addressing the estimated 1 million families who had defaulted on their home loans and walking away in 2009, although they could have afforded to stay. The practice of abandoning homes that are “under water” can be easily justified in financial terms, particularly [...] The president has signed an extension of the first-time home buyer tax credit of up to $8000. Probably the last extension of this assistance, to take advantage of this tax deal, you must have the contract in place before May 1, 2010, with a closed deal before July 1, 2010. The extension includes a new benefit [...] There are three phases of a foreclosure; pre-foreclosure/short sale, auction, and REO (real estate owned). In this article we will discuss the phases of a foreclosure and when, during the process, is the best time to make your foreclosure investment… Federal Housing Administration Commissioner Dave Stevens reports mortgage servicers have extended approx. 571,000 loan modification offers through August, up from about 400,000 reported through July. About 360,000 modification offers are in a 90-day trial period prior to being made permanent modifications. Are you ready to move out of the downtown area into quieter neighborhoods, bigger living areas and safer streets with less congestion? If the glitz and glamour that once brought you to the city now interrupts your nightly slumber, perhaps it’s time you move to the suburbs. But that means you’ll have to put your condo, and city lifestyle, up for sale. Are you ready Before starting a new life to a new location, of course, you need to sell your current property. Selling a property is not that simple, there are factors to be considered that are important in making a sale. By Evan_Sage There are very different tactics used when pricing a house versus pricing a condo or loft. Houses use frontage and depth as a base price for land value and then adjustments are made for the actual dwelling. The physical house can vary in value based on its age, quality, renovations, functionality, which way [...] Should you respond to low ball offers on your Philadelphia Condo or just refuse them? Is it better to take a chance on someone who is just trying to get the lowest deal possible or should you pass them by just to show your firm stance on asking price? |
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