Money pit: When a cheap foreclosure costs much more
February 8th, 2010 — News
Dusan Tatomirovic found a steal when he bought a foreclosed condo just north of Monterey, Calif., last April for $130,000.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/pFak70URrvU" height="1" width="1"/
6 ways to ensure remodeling pays off
February 5th, 2010 — News
Just a few years ago you could count on getting the bulk of your money back for almost any home-improvement project you took on. Today merely replacing a toilet seat can feel like throwing caution, and cash, to the wind. According to a study from Remodeling magazine, the average return on value for an upgrade declined from 87% in 2005 to 64% in 2009. But these six new rules will help you maximize your return on your remodeling investment.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/_KZl2UhtZiI" height="1" width="1"/
Lost your house? You still have to pay
February 3rd, 2010 — News
As terrible as it is to lose your house to foreclosure, at least it's a relief to put your biggest financial headache behind you, right?img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/RKnXlifjr3g" height="1" width="1"/
Yet another try at foreclosure rescue
January 28th, 2010 — News
Under fire for the low number of people receiving long-term mortgage help, the Treasury Department on Thursday announced new guidelines that will require applicants to provide all paperwork before getting a trial modification.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/fuSL9wqU5_k" height="1" width="1"/
Las Vegas: Most foreclosures of any city in 2009
January 28th, 2010 — News
Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/pIwOpIVA2_g" height="1" width="1"/
New home sales hit 9-month low
January 27th, 2010 — News
New home sales plunged to a 9-month low in December, according to a government report issued Wednesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/LMDJPpulnY0" height="1" width="1"/
Bank of America steps up foreclosure prevention efforts
January 26th, 2010 — News
One roadblock slowing Obama's foreclosure prevention program seems to be clearing up. Bank of America, the nation's largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/rahjo8JGPjE" height="1" width="1"/
Home prices: First drop in 7 months
January 26th, 2010 — News
Home prices fell in November for the first time in seven months, according to a industry report released Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/ca8TB1C2mgo" height="1" width="1"/
Existing home sales sink 16.7%
January 25th, 2010 — News
Existing home sales fell in December, the month after a federal tax credit was slated to expire, according to a real estate industry report issued Monday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/IBkz4jC5UQc" height="1" width="1"/
450,000 at risk in foreclosure-prevention program
January 23rd, 2010 — News
Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama's foreclosure-prevention program.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/3z2nzoHZ3xQ" height="1" width="1"/