Thursday, June 16, 2005

Buying a Home Foreclosure News: Mortgages: Average mortgage rates climb this week:

Mortgages: Average mortgage rates climb this week: Freddie Mac - Banks - Financial - Home Construction - Real Estate - Financial Services - Manufacturing - Bond Market - Economy - Personal Finance: "CHICAGO (MarketWatch) -- The average fixed interest rate paid on a 30-year mortgage edged up as expected this week from its lowest in more than a year, Freddie Mac said Thursday.

The 30-year rate averaged 5.63% for the week ending Thursday, up from last week's 5.56% average, which was the lowest rate paid since April 2004.
Last year at this time, the 30-year loan averaged 6.32%. The benchmark rate remains about a quarter percentage point above last year's low of 5.38%, but because it's still low by historical standards hasn't yet deterred brisk home buying.
In fact, the Mortgage Bankers Association "

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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Buying a Home Foreclosures Tip: Investing in preforeclosures

Investing in preforeclosures: "Buying foreclosures has replaced stock investing in some circles as the hot topic of after-hours conversation. Those who succumbed to the siren song of tech stocks in the late 1990s now seem equally intrigued by the return potential on distressed properties."

A good place to find these cash-flush speculators is at foreclosure auctions, according to longtime Tampa, Fla., property investor Tom Lucier. What these newbies don't realize is that by the time a property reaches the auction block, it's probably worthless as a short-term investment.

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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Buying a Home Foreclosures Tip: Home Price Selling

Home Price Selling: "Many homes remain unsold for a long time because they�re over-priced. Pricing your home right is essential if you want to sell your home in quick time. Expecting more for your home than the rates that prevail in the market will only delay the sale of your home, unless your home has something more to offer than other homes.

When it comes to pricing your home for sale, you need to consider that your home is going to be competing with other similarly priced homes in your area and unless there�s a short supply of homes for sale, you�re going to have to set a competitive price."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.

Flat Fee MLS Real Estate Listing - Is This the Real Estate Future in Real Estate

Flat Fee MLS Real Estate Listing - Is This the Real Estate Future in Real Estate: "Flat Fee MLS Listings - Is This The Future Of Real Estate
ByRichard Massey
Realtors are all a buzz about this new form of listing houses on the MLS (multiple listing service). Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market.

It use to be when you made the decision to sell your home, you essentially had two methods available to you.

You could list your home with a traditional real estate company and pay 6-7% commission or you could try selling on your own 'for sale buy owner'."
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Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.