by Doug Reynolds | Feb 13, 2013 | February 2013, No Category
After hitting a low of $6.45 trillion in the final quarter of 2011, Americans’ combined home equity jumped 20% during the next nine months to $7.71 trillion. By Kenneth R. Harney of latimes.com WASHINGTON —With all the nail biting over fiscal policy and the...
by Doug Reynolds | Feb 12, 2013 | February 2013, No Category
By Lily Leung A law that gives financially strained home-sellers tax relief on forgiven mortgage debt has been extended through 2013 as part of “fiscal cliff” talks. Mortgage debt that’s been forgiven by lenders in short sales or loan workouts is...
by Doug Reynolds | Feb 11, 2013 | February 2013, No Category
Homeowners having trouble paying their mortgage are often required to write a hardship letter when applying for a loan modification. Such a letter is a requirement for modification applications under the government’s Making Home Affordable program. Making sense of...
by Doug Reynolds | Feb 7, 2013 | February 2013, No Category
There were 9 homes sold in College Greens / Glenbrook / Larchmont / College Greens East for the month of January, 2013. That is slightly down from the 10 sold in December, 2012. Traditionally the neighborhood has a lower amount of sales from December through...
by Doug Reynolds | Feb 7, 2013 | February 2013, No Category
There were 9 homes sold in Rosemont in the month of January, 2013. That is an decrease from the 13 that sold in December, 2012. Here are the addresses and specific information. Currently there are: 5 Active listings, 3 Active short sale listings, 24 Short Sales...
by Doug Reynolds | Feb 4, 2013 | February 2013, No Category
Many home buyers think that real estate auctions are the best way to get a good deal on a home. While there are certainly deals to be had, auctions also can be dangerous for buyers. Buyers planning to attend an auction are advised to do their homework and know what...
