Short sale. It even sounds ugly. Since the housing collapse of a few years ago, the short sale has been the lesser of two evils for homeowners struggling with mortgage debt – and a signal to the world that the loan can’t be salvaged. But a new report by MarketWatch...
The ups and downs of a volatile housing market create fertile ground for opportunists trying to make buck –or several – from all sides of a real estate transaction. Though not actually illegal, practices like the “pocket listing” end up putting more money into the...
“You got to know when to hold ‘em, know when to fold ;em,” sang Kenny Rogers in the hit song “The Gambler.” That’s good advice in real estate as well as in poker. And in real estate, as Jason Hartman says, it’s the best advice most of the time. House flipping doesn’t...
Conventional real estate wisdom has it that most home purchases require a down payment of a least 20 percent of the purchase price. That’s a number that may be keeping some potential homebuyers out of the market while they scrape together the required amount. What’s...
Take a look at most any financial news today, and you’ll see the word “bubble” bouncing around. There’s the possibility of a student loan bubble, an interest rate bubble driven by the Fed’s bond buyuo, and so on. And of course where there’s a bubble, there’s also a...