Real Estate rss

Program Will Pay Homeowners to Sell at a Loss(0)

By David Streitfeld

In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.

This latest program, which will allow owners…


Program Will Pay Homeowners to Sell at a Loss
For Landlords, The Numbers Are Starting To Look Better

For Landlords, The Numbers Are Starting To Look Better

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 actually improved substantially in…

More Using Adjustment Program To Prevent Foreclosure

More Using Adjustment Program To Prevent Foreclosure

The number of mortgages with permanently lowered monthly payments under the Obama administration’s foreclosure prevention program increased dramatically in January.
In all, the number went up to 116,297, with an additional 76,482 modifications approved and awaiting acceptance by the borrower, the…

Three Factors to Take Into Consideration Before Jumping Into Housing Market

Three Factors to Take Into Consideration Before Jumping Into Housing Market

If you have a good job and good credit, the next few months might be a good time to go house hunting. Fence-sitters take the risk that Congress may let a rich tax credit expire, and that interest rates may…


More in this category: