What to do

Lexington Herald-Leader | 10/29/2005 | What to do: "Here are some options lenders can use to help you catch up on your mortgage payments. All these choices apply to mortgages insured by the U.S. Department of Housing and Urban Development/Federal Housing Administration, but most are worth at least asking a conventional lender about.
Special forbearance: Your lender might be able to arrange a repayment plan based on your new financial situation and might even provide for a temporary reduction or suspension of your mortgage payments."
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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.

Top things to know

Top things to know: "Don't buy if you can't stay put.
If you can't commit to remaining in one place for at least a few years, then owning is probably not for you, at least not yet. With the transaction costs of buying and selling a home, you may end up losing money if you sell any sooner.
2. Start by shoring up your credit.

Since you most likely will need to get a mortgage to buy a house, you must make sure your credit history is as clean as possible. A few months before you start househunting, get copies of your credit report. Make sure the facts are correct"
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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.

Realtors Defiant in Face of Govt. Lawsuit

Dateline Alabama: "Typically cheery real estate agents were seething Friday as they discussed the government's attempts to force them to share home listings - the bread and butter of the realty business - with Web-based competitors.

At their annual conference, executives from the National Association of Realtors, which claims to be the largest trade association in the U.S., said they are planning a vigorous fight against a lawsuit filed last month by the U.S. Department of Justice.

DOJ says the association would stifle competition if it goes ahead with a plan to allow members the option of withholding home listings from competitors' Web sites. Many of those competitors are nontraditional online services, which may 'offer better services and lower costs,' the agency said in a statement."
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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.

Buyer's agent got slim pickings

Charlotte Observer | 10/29/2005 | Buyer's agent got slim pickings: "We recently listed our home for sale at a reduced 5 percent sales commission because homes in our area sell like hotcakes with little agent effort. Within two weeks, we received several purchase offers exceeding our asking price. We accepted the best one and successfully closed the sale. However, we later learned from the buyer's agent she only received a 2 percent commission and our listing agent kept a 3 percent sales commission. Is this legal? "
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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.

US Sept New Home Sales Up, Record Home For Sale

Stock Market News and Investment Information | Reuters.com: "Sales of new U.S. homes rose more slowly than expected in September, while the number of new houses on the market hit a record and median prices fell, according to a government report on Thursday that could signal cooling in the housing boom.
The Commerce Department said new single-family home sales rose 2.1 percent last month to a seasonally adjusted annual rate of 1.222 million units from 1.197 million unit pace in August -- a sharp downward "
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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.

House prices rise; sales rebound

mcall.com - House prices rise; sales rebound: "Average new home prices rose in September, and the number of new homes sold nationally rebounded after a huge decline in August.

A report from the U.S. Department of Commerce showed that new home sales climbed 2.1 percent last month to a seasonally adjusted annual rate of 1.22 million units. The average price of new homes in September was $285,700, up 12 percent from September 2004.

In the Lehigh Valley, the average price for a new four-bedroom home fell 3 percent in September to $383,000, compared with the same period a year ago, according to the Lehigh Valley Association of Realtors. This year, new construction in the Valley surpassed the $400,000 mark for the first time, and in three of the last five months prices for newly built homes have topped $400,000."
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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.

Don't Alienate the Buyer When You're Selling Your Home

: "The tiff centered on a backyard clothesline worth about $200. But it soon escalated into a war of words between the man selling his Tudor-style home and the young couple who planned to buy the place. When the couple first strolled into the backyard, they spotted the clothesline, supported by two strong metal poles. In their contract offer, they asked that the equipment be part of the 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.

What to Know Before Signing a Home Improvement Contract

ArticleCity.com - What to Know Before Signing a Home Improvement Contract: "It is important to be a very careful consumer when it comes to home improvement contractors. For instance, I had a case where my client, an elderly and blind woman, signed a contract and paid $30,000.00 to a home improvement company that disappeared with all of her money! Unfortunately, the company was a scam operation, my client lost her life's savings and it will take some time in court before my client may ever see her money again however, her mistake will be a lesson to all of you because this article explains how to protect yourself from home improvement fraud. "
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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 Improvement That Will Add Value To Your Poperty

ArticleCity.com - Home Improvement That Will Add Value To Your Poperty: "Want to sell your home quickly? Home makeovers are all the rage, but you don't have to go through a Changing Rooms-style transformation to make your property more enticing to prospective purchasers. Here's a few tips on how to accentuate the positive side of your abode:
If you're taking photos of your home to give to the estate agent, make sure they show your home from the best angle. If you can, it's best to take them during the summer months. "
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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 Study Investigates Residential Real Estate Foreclosures

New Study Investigates Residential Real Estate Foreclosures: "First American Real
Estate Solutions (RES(R)), the nation's largest provider of advanced property
and ownership information, analytics and services, released a new study today
that investigates the prevalence of foreclosure sales and the depth of
discounts in 629 counties in 36 states, including the District of Columbia.
Entitled 'Residential Foreclosures: The Prevalence, the Power and the
Opportunity,' the study by Christopher Cagan, Ph.D., director of"
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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 Foreclosures - Knowing Why Helps You Buy

Buying Foreclosures - Knowing Why Helps You Buy: "One big potential deal-killer in buying foreclosures is the homeowner. If the homeowner does not trust you, buying their home (even at a foreclosure auction) can become a greater challenge. To prevent this setback, you need to build trust with the owner -- and building trust requires you understand where they are coming from.
People don't stop paying their mortgage because they don't want to pay, but rather because of factors that afflict everyone at some point in time. Knowing why the owner is losing their home can help you connect with them and gain their trust."
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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.