Archive for August, 2010
I am thinking about home foreclosure- what should I do?
I am under water and thinking of giving up my home. I have some cash in bank and some stocks in mortgage account? Would the bank come after my cash and stocks if i put my home for foreclosure? Thanks
New delinquencies could derail foreclosure progress – Inman.com
A survey of lenders shows the number of homes in the foreclosure process during the second quarter declined for the first time since 2006, but that foreclosure inventory could be driven back up by a surge in …
Ex-owner of landfill in Blago-Mell feud charged with tax evasion
The former owner of a Joliet landfill at the center of an infamous spat between then-Gov. Rod Blagojevich and his alderman father-in-law was hit today with federal tax evasion charges. Frank Schmidt, 40, of Glenview , was accused of failing to pay more than $2 million in taxes between 2004 and 2008. He also never [...]
Beware of ‘improvements’ that reduce a home’s value
Renovations that reduce the number of bedrooms or bathrooms and poorly planned expansions may kill a sale in the future. Every real estate agent has seen them: home “improvements” that turn out to be anything but, at least down the road when it comes time to sell. Instead of deal sealers, they are deal killers.
Mortgage summit brainstorms ways to revamp financing
Parents gifted them a house. Can they save on taxes by giving it back?
Q: My parents “gifted” their house to us more than five years ago to avoid having the home sold to pay for Medicaid expenses. Now they are 87 and need to move. They may buy a smaller house. My four siblings and I own the home, but the home is occupied and used by my [...]
Home prices rise in 17 cities in June
Home prices rose in June for a third straight month as now-expired tax credits inspired a burst of home-buying. But prices are expected to fall through the rest of the year now that demand has faded.
where can i find online foreclosure home listing totally free?
i am trying to find a free foreclosure home listing without signing up for free for 7 days i don’t trust the internet security by providing my credit cards info in south florida
What steps should be taken when purchasing a building for sale by owner with cash and no real estate agents?
We called and put in an offer and it has been almost a week since we heard anything. When we bought our home we put in a contract with our agent and they had 24 hours to respond. How do we ensure that we are not being taken advantage of?
Home Foreclosures Fall, but Mortgage Delinquencies Rise – New York Times
The foreclosure crisis finally began to improve in the second quarter, but with the continued weakness in the economy and the recent deterioration of the housing market the gains may prove fleeting, data …