by Doug Reynolds | Dec 3, 2011 | No Category
Under the SAVE (Sensible Accounting to Value Energy) Act, estimated energy-consumption expenses for a house would be included as a mandatory new underwriting factor. By Kenneth R. Harney, LA Times When you apply for a mortgage to buy a house, how often does the lender...
by Doug Reynolds | Dec 1, 2011 | No Category
Closing costs can increase the price of a home by as much as $10,000, sometimes more. Borrowers who are “cash-poor” can ask for assistance, or talk to their lender about a lender credit toward closing costs. Making sense of the story Some lenders advertise that...
by Doug Reynolds | Nov 30, 2011 | No Category
By Les Christie NEW YORK (CNNMoney) — Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here. International purchases of American homes are ramping up, and a new Senate bill designed to boost the ailing real-estate market would encourage...
by Doug Reynolds | Nov 29, 2011 | No Category
Doug Reynolds, a Sacramento Area Realtor, discusses the topic with a local appraiser. Ryan Lundquist, Ludquist Appraisal Company, explains the complexities of how distressed properties (bank owned forclosures and short sales) affect the overall prices in the...
by Doug Reynolds | Nov 28, 2011 | No Category
By Jim Buchta, Star Tribune MINNEAPOLIS — Jessica Harrison thought she knew what to expect when she decided to look for a house: a buyer’s market. And why not? Prices in Minneapolis, as in much of the country, are down sharply since 2009. And with so many...
