From msn.com Local governments have been complaining for years that foreclosed homes are a blight on cities and counties, and that banks that take back homes often fail to maintain them. The California General Assembly is even considering a bill that would fine...
Hat tip to SM for sending this along, from Reuters: WASHINGTON (Reuters) – A bill to create a new market for financing mortgages that would help wean the $10.6 trillion mortgage market off government support advanced in the House of Representatives on Tuesday. The...
From CNNMoney.com: Selling your house? It's not enough to show buyers your house is a deal: You have to convince them it's a total steal. That means slashing your price, bringing in a pro to pretty it up, and creating a killer website for your home. Here's how to do...
Hat tip to Schahrzad who had this video about short-sale liabilities on her blog: Here's the hangup with short sales. This bankruptcy lawyer re-affirms that borrowers who arrange a short sale with their first lender can still be responsible for any deficiency with the...
Yes, it's true that I was in the nation's capital last week, but it had nothing to do with bin Laden. I was there on the eighth-grade field trip - here's part one, a video of the first two-and-a-half days condensed into 7 minutes:
The inventory is so thin these days that we have to look at every possibility, and try to find a way to have them make sense. The trouble with having a recent comp next door is that the sellers will believe that it means something, where buyers aren't so sure.
From Diana at cnbc.com: For the first time in years, a guy who quantifies the foreclosure crisis got to report some good news. Kyle Lundstedt's colleagues at LPS Applied Analytics call him Dr. Doom, as he calculates all the numbers for the monthly Mortgage Monitor...
Jake referred to this article and said, "great care should be given to replacement and maintenance costs for a house", which is true, because homeownership is expensive: A house may survive for hundreds of years. But the individual components that make up the house...
For the River House, the site itself provided both the greatest opportunities, and the largest constraints to the design. It is both steep and awkwardly shaped, but retains magnificent North facing panoramic views over the Lane Cove River. The house itself relates to...
Hat tip to JD for sending this in, from the nytimes.com: ANY broker would be happy to list Ellen Ball’s co-op apartment in Manhattan. On a prestigious block in the West Village in a prewar doorman building, the four-bedroom three-bath apartment has been completely...
