Archive for October, 2008
Economic Situation Trumps the Trump
Donald Trump’s tallest construction project ever is facing some tall challenges.
Many real-estate developers are under pressure these days as lenders and investors rush to cut their exposure to the market. But Mr. Trump’s 92-story Trump International Hotel & Tower in Chicago, which will be the tallest building constructed in the U.S. since the Sears Tower […]
Home Staging
With today’s market where the inventory is high and properties are taking 6 months to a year to sell, it is important to make to make the property as appealing as possible. Staging a home has become a popular way of achieving that appeal. Here’s a quick snapshot of what’s hot in home staging right […]
$300 Billion in FHA Assistance Available Now
Beginning today, eligible borrowers can refinance into a new loan that they can afford through FHA’s Hope for Homeowners program. Last July, Congress approved FHA to insure up to $300 billion in new loans through the program targeted to struggling families trapped in mortgages they currently can no longer afford.
The program offers government insurance to […]
Long Beach, CA: Second Mortgage Assistance Program
The Long Beach Housing development Company (LBHDC) offers a program to promote neighborhood stabilization through increased home ownership opportunities, specifically for the benefit of persons and families of low- and moderate-income. This program is the Second Mortgage Assistance Program. The second mortgage assistance is in the form of a secured subordinate mortgage with contingent, deferred […]
Why is Your Credit Score so Important?
The credit scoring model seeks to quantify
the likelihood of a consumer to pay of debt without being more than
90 days late at any time in the future. Credit scores can range
from a low of 300 and a high of 900. Most consumers have credit
scores that range between 400 and 800. The higher […]
PAINT IS THE BEST INVESTMENTS SELLERS CAN MAKE
If you’re selling a home, real estate specialists suggest you repeat this mantra: paint-paint-paint. Now, more than ever, a seller has to be fanatical about the appearance of the house. And painting gives you one of the best returns on your investment.
Spend a few hundred dollars on paint and brushes and it could yield you […]
WHAT IS TITLE INSURANCE?
Title insurance is a guarantee that you are getting something for your money when you buy real property. Title insurance assures owners they are acquiring marketable title. It is designed to eliminate the risk or loss caused by defects in title from the past. Title insurance provides coverage only title problems which were already in […]
