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November 30, 2006

Prices May Go Up (Or Down)

Funny excerpt from a funny blog post.
House price expert Henry Slazenger warned the housing Market that house prices are going to go up, down or stay the same price as last month. This will definitely lead to house prices either changing or staying the same. Economic experts queued up to give the same opinions as last month with exactly half of the experts warning of a house market will be depressed and the other half saying the housing market will be buoyant. When asked would this news about house prices effect his Christmas spending celebrated Magician Paul Daniels said "not a lot".
 

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Amusing IT Stories

Posted on November 30, 2006 11:55 PM by House 78.
Filed in Mortgage Calculator under housing prices.
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November 27, 2006

Deal Killer

A good bit on how some house inspectors kill deals.
As for that “Deal Killer” home inspector, I bet that your real estate agent or mortgage broker will call them when they buy their own home.
 

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Home Inspection Killed Multiple Sales at miOaklandCounty

Posted on November 27, 2006 12:12 AM by Mortga104.
Filed in Mortgage Calculator under mortgage brokers.
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November 23, 2006

What Happens In Foreclosure?

Click through for some help with foreclosures.
A foreclosure is a legal process where the bank or other creditor takes control of the collateral for a promissory note in default. This collateral is a parcel of real property, and the lender either sells or repossess this property. The process is slightly different from state to state, but there are basically two types of foreclosure, judicial and non-judicial.
 

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Foreclosure: Questions and Answers � Michael Emilio

Posted on November 23, 2006 11:48 PM by Financ81.
Filed in Mortgage Calculator under financing terms.
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November 17, 2006

Real Estate Woes

An increase in foreclosures follows a decrease in housing prices.

As a result, foreclosures are on the rise. I don’t pretend to know a lot about the economy or the real estate market but I can’t imagine that a huge increase in foreclosures can be good for anyone: many homeowners now have to sell at a loss to avoid foreclosure and will be forced to either rent or buy a smaller home. Those who enter foreclosure run the risk of serious repercussions on their credit report. And a flood of new homes on the market will drive housing prices down… but who is out there to buy?

 

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Posted on November 17, 2006 05:37 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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November 14, 2006

Leaving The Empty est

How housing prices impact a move to a smaller home.

Say you sell your big home for $600,000 and immediately buy a condo for $300,000, and housing prices drop 10% over the next 12 months, as some economists forecast. In the condo, you would lose just $30,000 on paper; in the house, you would lose $60,000. The condo savings, however, don’t include expenses, which you incur whenever you move.

 

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Posted on November 14, 2006 05:37 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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November 11, 2006

Trump Mansion For $125M

Apparently no problem with housing prices for Donald Trump.
The mansion itself totals 62,000 square feet (including basement) with nine bedrooms, a ballroom, media room, art gallery and a 4,100-square-foot conservatory. The 6.5-acre property, with 475 feet of ocean frontage, includes two guest houses, a pool and parking for 40 cars.
 

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Donald Trump’s Palm Beach Mansion Has Been Listed at $125 Million � South Florida Real Estate News - MichaelEmilio.com

Posted on November 11, 2006 02:33 PM by House 78.
Filed in Mortgage Calculator under housing prices.
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November 05, 2006

Become A Mortgage Broker

A mortgage broker tells you how to become a mortgage broker.

There is more demand for mortgage brokers today than ever in history. And demand will continue to grow. The U.S. population continues to grow. Everyone wants the American Dream of owning their own house. If you become a mortgage broker you can make that dream come true for your fellow Americans.

 

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How To Make Money In Real Estate Without Buying Any Property: Become A Mortgage Broker

Posted on November 5, 2006 07:38 AM by Mortga104.
Filed in Mortgage Calculator under mortgage brokers.
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November 01, 2006

Smart Dog Defrauds Online Lender

LOL.

Fanny May now set to ban on line applications. Lending Tree putting out dog repellant, worried dog thinks it is a tree. E-loan requiring Skype direct contact with underwriters to verify pedigree. DiTek implementing don’t wag the dog policy.

 

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Smart Dog Defrauds Online Lender

Posted on November 1, 2006 08:43 AM by Mortga104.
Filed in Mortgage Calculator under mortgage brokers.
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