There are 187 Articles Listed.
Loan modification terms can be tough for those few who get them
2010-03-12
FORT LAUDERDALE, FL-For William and Lida Negron, their lender's decision to modify their mortgage seemed to be the key to holding on to their home.
William Negron, in his mid-70s, lost his job in car sales two years ago. The possibility …
What's My Real Estate Really Worth?
2010-03-11
How much is your real estate-your house, condominium unit, cottage, income property-worth in this market? If a number immediately popped into your head when you read this question, I have a few more questions for you: …
To walk or not to walk: underwater homeowners face dilemma
2010-03-10
DEERFIELD BEACH, FL-Michael Keigans is "underwater" on his mortgage, owing $80,000 more than his Deerfield Beach house is worth. Keigans figures it could take a decade or two to recover the lost equity, so he's tempted to walk away, even though he ha…
Associations fight for condo fees
2010-03-09
POMPONO BEACH, Fla. – In many condominium complexes, units sit empty and association fees go uncollected when homeowners abandon their property. In many cases, banks initiate foreclosure but postpone the final order, effectively putting the condo in lim…
When It's OK to Walk Away From Your Home
2010-03-08
Millions of Americans are now deeply underwater on their mortgage. If you're among them, you need to stop living in a dream world and give serious thought to walking away from the debt.
No, you shouldn't feel bad about it, and you shoul…
Signs of Growth Sprouting
2010-03-05
WASHINGTON – March 4, 2010 – A batch of economic reports Wednesday depicted a broadening recovery, with services industries last month growing at the fastest pace in more than two years and job losses slowing despite snowstorms that hampered key sectors…
More Developments: Is the End of the Foreclosure process in Sight?
2010-03-04
About 2.9 million households are 90 days or more behind on payments, but not yet in foreclosure, nearly triple the total of two years ago, according to LPS Applied Analytics, a data provider. On average, those households are nine months behind on paymen…
For Landlords, the Numbers Are Starting to Look Better
2010-03-03
Home prices are falling, rents are tumbling, and apartment vacancies are rising. So why are thousands of small investors becoming landlords?
Because real-estate prices have fallen much faster than rents, the math of buying a rental has ac…
U.S. Mortgage Delinquencies Edge Down
2010-03-03
Fewer people fell behind on their home-mortgage payments in last year's fourth quarter, a sign that the default crisis may be peaking, the Mortgage Bankers Association reported Friday.
Separately, the Obama administration announced plans…
Buffett predicts downturn will end in 2011
2010-03-02
NEW YORK – March 2, 2010 – Billionaire investor Warren Buffett predicted that the real estate market downturn would end by 2011 as the housing inventory declines.
“Within a year or so, residential housing problems should largely b…