market value
How To Save The Housing Market: The Realtors Have a Few Ideas
This week, the National Association of Realtors (NAR) sent a letter to Shaun Donovan, secretary of Housing and Urban Development, Timothy Geithner, secretary of the Treasury, and Gene Sperling, director of the National Economic Council. In the letter, the Realtors …
How To Qualify For A Mortgage On A Fixed Income
Q: I am a retired 63 year-old with a combined income of $37,000 annually. My wife will begin collecting an additional $704 per month in Social Security starting this November. We both have excellent credit scores of 800. Here’s our …
Unemployed? Need Financial Help? Check Out Unemployment Program (UP) for Homeowners from HUD
In 2010, the official unemployment rate stood at around 10 percent, and there were 5 people looking for every job that was available. Last August, the Treasury Department announced that unemployed homeowners could get a 3-month forbearance on their mortgage …
Short Sale Appraisal Process May Be Required By Lender
Q: We are closing on a house next week. It’s a short sale in a nice neighborhood at a huge discount. All the papers are in order. The deal went smoothly but took 8 weeks. The seller’s bank wants a …
How To Prepare Your House For Sale At Any Price
I’ve been hearing lately from homeowners who are preparing to list their homes for sale. They know the market isn’t great, but they’ve been waiting for a year or two to move on with their lives (this is known in …
Investment Properties Have Fewer Refinance Options
Q: In the summer of 2006 I bought a condo in Las Vegas with a friend. At the time, we were both successful online poker players and we were spending a lot of time in Las Vegas for live tournaments. …
Las Vegas Real Estate Market Conditions Good For Knowledgeable Buyer
Q: I have a retired cousin in Las Vegas, where as we all know, housing has declined 50 to 60 percent since the collapse began. I have observed many, many condos that can be purchased for a son, and are …
Should You Sell Or Rent Your House?
Q: I have been unemployed for about 6 months and have just secured a job in another city. I will reach retirement age in about 6 or 7 years. I will most likely not retire in the new city I …
U.S. Non-Residential Construction Decline An Important Economic Indicator
Anirban Basu wants the public to pay more attention to U.S. non-residential construction. “These non-commercial projects are how countries are judged,” he said, during our recent conversation about how non-residential construction, anything that is not housing, which includes roads, schools, …
Property Market Value Needed For Property Tax Appeal
Q: I am in the process of a property tax appeal. What are some good websites I can go to so that I can see how much property values in my area have dropped? A: There aren’t really any good …
