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Tag: bank owned

  • Relief to more than one million homeowners with mortgage trouble or have lost their homes to foreclosure!

    According to RISMedia today after more than a year of negotiations, the nation’s biggest banks, states attorneys general and federal officials have announced the largest housing settlement ever—more than $26 billion—over foreclosure practices. The deal is expected to offer relief to more than one million U.S. homeowners who are having trouble paying their mortgages or…

  • Thinking About Renting Your Home?

    Are you thinking of renting your home? Sellers that can’t sell their property are renting their home. They don’t want price reduction so they  choose to hold on until the market changes and property values rise. People choose to rent out their homes for various reasons. There is a tax break for those who’ve lived…

  • People still dream about home ownership!!

    People still dream about home ownership!! Inability of getting mortgage loan is the topic of every social gathering. However,  there are other reasons a person buys a home and has nothing to do with money. These are the few reasons to buy a home: Owning a home: Means having a good place to call home and…

  • All-cash buyers snapping up homes!

    Cash home buyers in markets around the U.S.are getting homes in all-cash deals. Last month, all-cash buyers accounted for 30% of existing home sales, up from 25% in May 2010, and 12% two years ago, says the National Association of Realtors. Cash buyers, who are mostly investors, accounted for at least 30% of existing-home sales…