What If You Could Rent the White House?

American families have gotten pretty creative in coming up with ways to trim the budget on vacations. So here’s a vacation idea that could save the whole country money. HomeAway, a company that arranges vacation stays in private homes, crunched the numbers and came up with this fun factoid: If the First Family rented out [...]

Standard Sellers…Your Real Estate Market Awaits

Ok, a show of hands please.  How many normal, standard homeowners (homeowners with equity) out there are under the impression that the real estate market stinks, there are no buyers for your regular, good looking home, and that your best bet is to just sit tight and wait for all the bank repos and short [...]

What Does the Bank Need to Disclose to a Repo Buyer?

Southern Riverside California…Most people realize that in today’s real estate world, there is a duty on the part of the seller of a home to provide to a buyer a disclosure statement that essentially tells the buyer everything about the home.  This disclosure covers the known condition of the home, neighborhood issues, past repairs, permitted [...]

Real Estate Trends of the Baby Boomers

A rather lengthy but very interesting infographic from Coldwell Banker on how Baby Boomers are looking at real estate as they hit their golden years. What caught my eye is how the younger baby boomers look at real estate differently than the older part of the generation… See a larger version here at the Coldwell Banker site.

Obama’s new plan allows more “underwater” homeowners to refinance, reduces fees

During his stop in Nevada, President Obama will announce major changes to the Homeowner  Affordable Refinance Program (“HARP”) designed to help more homeowners refinance to today’s  lower rates even if they owe more than their home’s worth. Here’s what we know so far: The program will now be available regardless of how “upside down” the homeowner is. Borrowing requirements will be [...]