Becoming an Absentee Home Seller: How Best to Cope

: "The owner of the canary-yellow house was willing to let it go for a song. The place was vacant and the seller, a day-care center manager, had already moved to a faraway state. So she was anxious to transform the stucco home into cash.
But despite its bargain price and favorable location, the home languished on the market for two months longer than necessary, says Andrew Ziros, the Coldwell Banker agent who listed the four-bedroom abode.
Why? Because the day-care center manager had mistakenly banked on the help of a friend to keep the yard tended all summer. Despite repeated efforts by Ziros "
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Brand-New Homes: What is the Ideal Size for You to Buy?

: "Those with a long track record in real estate say the aspirations of most new-home buyers still call for ever-larger abodes. 'In the early '90s, there was talk of people scaling down. But we haven't seen much of it yet,' reports Renee Collins, a Re/Max broker-associate who specializes in new-home sales.
Indeed, just as oversized sport utility vehicles are all the rage, so are monumental houses. And when Collins lists all the rooms that upwardly mobile home buyers seek, you can understand why so many need a place with more than 3,000 square feet to accommodate their wishes."
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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.

How to Guard Against Overpaying for the Home You Buy

: "The software specialist was a woman of impeccable taste. Given her eye for color and appreciation for fine furnishings, she became enamored of a superbly decorated condo-apartment the moment she walked in. 'Her instinct was to buy the best decorated place she could find,' recalls David D. Reese, the Re/Max broker-associate who represented the young buyer.
But the software specialist's romantic image of the condo might have cost her dearly had Reese not pointed out that the condo's beauty was only skin deep. On the basis of its superficial allure alone, the condo was priced $20,000 over units without the fine furnishings."
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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.

Calif. home price increases, sales will ebb in '06

AP Wire | 09/21/2005 | Realtor group: Calif. home price increases, sales will ebb in '06: " Record housing prices and a likely rise in mortgage interest rates will make it harder to afford a home in California next year, causing a slight decline in home sales and narrowing the rate of appreciation for many homeowners, real estate experts said Wednesday.
The median price of a home in California will rise 10 percent to $575,500 next year, while sales will fall about 2 percent over this year, according to the California Association of Realtors' 2006 Housing Market Forecast.
Homes in the more pricey real estate markets in the state could see appreciation squeezed even further, the group said."
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Market hot in area - for now

The News-Herald - News - 09/20/2005 - Market hot in area - for now: "The mantra of real estate agents has long been 'location, location, location.'
But for Steve and Sharon Yopko, the 'when' of their house purchase was just as important as the 'where.'
The couple conducted a diligent search for a spot to build a new house. They looked in Concord Township, Willoughby and Mentor before deciding on a lot in the Lake Erie Shores development in Painesville Township.
The price they paid for the land and the 3,800-square-foot house near the lake - less than $300,000 - made it the best value they could find, Steve said.
'This house in Concord would have cost us a half a million,' he said"
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Tycoon in the making

Tycoon in the making: Jaz Wray - Sep. 21, 2005: "Although still a comparative youngster at 32 years old, Jaz Wray has already lived in dozens of homes around the country and even internationally, from New Jersey to Brazil.
When Wray was growing up, his army dad father moved the family around a bit, but as an adult, Wray has really been in perpetual motion.
'Since 1988, the longest I have lived in one place was just over a year,' said Wray. 'In the past 10 years I've been in 15 different cities.' Portland Oregon, Jonesborough Tennessee, San Francisco, and Rio de Janeiro, to name a few"
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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.

Is an interest only mortgage a good or bad deal?

Is an interest only mortgage a good or bad deal?: 9/ 17/ 2005: "What is an 'interest only' mortgage? We have a 4.875 percent adjustable-rate home loan, but another bank offers 4.25 percent 'interest only.' Is this a good or bad deal?"
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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.

New mortgage rules help open doors for immigrants

New mortgage rules help open doors for immigrants: "Like many immigrants, Pablo and his wife, Eudalis, work hard, pay taxes and dream of owning a home.
Until recently, their dream would have remained just that. Home buyers traditionally have needed a Social Security number to secure a home loan. Pablo, a West Palm Beach pastor, and his wife are in this country on a temporary visa and don't have Social Security numbers."
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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.

Home building slips for second straight month

Argus Leader - Business: "Home construction dipped for a second month, giving new evidence that the housing boom might be ending.

The Commerce Department reported that construction of new homes and apartments dropped 1.3 percent last month, after a decline of 1.5 percent in July.

Even with the declines, housing construction totaled 2.01 million units in August, the eighth month out of the past nine that housing has been above the 2-million mark.

Hurricane Katrina had little effect on the August data since the storm hit late in the month, but analysts predicted a "
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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 your first home

Buying your first home | This is Money: "Buying a home is most people's biggest financial commitment. It can be time-consuming, expensive and frustrating. To make matters worse, horror stories abound of gazumping, duff surveys and rogue estate agents.
You can make the process smoother by equiping yourself with the right information.
The most you will be able to borrow is at the discretion of the lender. You can typically borrow up to three and-a-half times the main earner's income before tax, plus one times any second earner's income, or alternatively two-and-a-half times their joint incomes if this is larger. "
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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.

City employees can get help with homes

PJStar.com - Journal Star News: " Hoping to both spur home sales and stop job turnover, the city of Peoria has started a new home-buying program that will give some eligible city employees up to $10,000 toward a new home.
Each eligible city employee can apply for $3,000 when buying a home anywhere within city limits or $5,000 if buying one in the designated low-to-moderate income census block areas of the city."
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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.

The highs! The lows! You're buying a house

HoustonChronicle.com - The highs! The lows! You're buying a house: " Because real estate is such an important cog in an otherwise lackluster economic wheel, there is a tendency right now to overemphasize the financial aspects of buying and selling houses."
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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.

DeSoto's housing market not slowing down

DeSoto�s housing market not slowing down:: DeSoto Times - Go DeSoto :: It's all about your life!: "It's not like DeSoto County's booming housing market needed a shot in the arm but at some industry observers think it just might get it thanks to Hurricane Katrina

Paul Shahan, executive officer with the Northwest Mississippi Association of Realtors, said all the numbers for home sales in 2005 are positive and it could be another record years.
And Shahan said the aftermath of Hurricane Katrina on the Gulf Coast could have an impact on the housing market here.
Things could change dramatically, he said. We haven't seen a lot of people from the coast buying "
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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.