Sunday, July 10, 2005

Expert advice and practical tools for home sellers

Expert advice and practical tools for home sellers: 7/ 9/ 2005: " Anyone thinking of selling their home wants to get the most money they can in their given market. But without the practical know-how they need, home sellers don't stand a chance of generating the best deal possible.
Featuring handy checklists, worksheets, and examples, 'A Survival Guide to Selling a Home' by Sid Davis gives readers helpful insider tips to help them make the right decisions, and avoid making some very costly -- yet unfortunately common -- mistakes. The book provides all the practical tools home sellers need to successfully navigate their way through the entire home-selling process. "
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Fewer sales cut mortgage deals

Fewer sales cut mortgage deals - 07/01/05: "Fewer home purchases and less refinancing pushed U.S. mortgage applications down for a second week, according to a survey by the Mortgage Bankers Association.
The group's index of mortgage applications fell 1.1 percent to 778.4 in the week ended June 24.
The index of applications for loans to buy homes declined 0.4 percent to 477.4, the association said. In the week ended June 10, the measure was at a record 529.3. The gauge of applications to refinance mortgages decreased 1.8 percent last week to 2529.2. "
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Mortgage applications rise 9.6%

Mortgage applications rise 9.6% - 07/08/05: "U.S. mortgage applications rose last week as home purchases rebounded to the third-highest level on record and refinancing increased, a survey of lenders showed.
The Mortgage Bankers Association's index of all mortgage applications rose 9.6 percent to 853.4 in the week that ended July 1, the trade group said. The measure of applications for loans to buy homes jumped 9.1 percent to 520.8. In the week ended June 10, the index was at a record 529.3.
Rising incomes and interest rates that have held below 6 percent for all but one week this year may produce a fifth straight record year for housing. Housing demand that helped bolster the economy in the first quarter is carrying into the second half and driving economic growth, economists said. "
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Rising liquidity prompts drop in foreclosures

Rising liquidity prompts drop in foreclosures - 2005-07-11: "An extremely liquid market, coupled with a bevy of refinancing options available to homeowners have sent foreclosure rates tumbling in the Valley. "

Foreclosures.com, which publishes foreclosure lists, reported in June that activity in Maricopa County fell sharply this spring compared to first-quarter filings.

Alexis McGee, president of the Sacramento, Calif.-based foreclosure property investment advisory firm, credited the Valley's strong housing market, which is allowing financially distressed homeowners to sell their homes quickly before lenders take action.
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Buying a Home Foreclosures