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Housing Affordability: Why the Differences?
January 4, 1999 "My financial planner said I could afford to spend $250,000 for a house, my real estate broker said $280,000 and a calculator I found on the internet said $295,000. How come these large differences?" The affordability calculation is fairly complex ... more...

Options When Equity in Your Home Is Gone
April 23, 1999 I have been transferred and need to sell my home. The market has gone down and I owe more than the home is worth. Is there any relief available to allow me to avoid paying the difference to the lender at the time ... more...

sheriff sale related definitions

Sheriff Sale
Sheriff Sale The sheriff's sale is a public auction held at the courthouse door, and anyone can bid on the property. The property is sold to the highest bidder and the proceeds are used to pay for the costs of the sale and to pay off the mortgage. A deed given at the ... more...

Tax Sale
Tax Sale Property on which current county taxes have not been paid is "sold to the state." At this stage no actual sale takes place - the title is transferred to the state and the owner may redeem it by paying taxes, penalties and costs. If it has not been redeemed ... more...

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Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Buying Real Estate That's Not For Sale
Buying real estate can start with a look in the newspaper, a visit to a broker, or a search online. These are all good ways to find your next investment property. You're looking at the same properties as every other investor, of course, so it's not always easy to beat the competition to a great buy ... more...

For Sale By Owner Marketing Generates Mortgage Leads
One of the best ways to generate mortgage leads is through working with home sellers who are going it alone as For Sale By Owner or FSBO. The key to FSBO marketing is creating partnerships with home sellers. Since almost every buyer needs a mortgage, you provide a necessary service that ... more...

Was That House A Good Investment? The Answer May Not Be So Obvious
I am surprised how many people dont know the difference between enterprise value, which is the sales price of a home (debt plus equity), and equity value, which is what is left at the end of the day when you sell your home and pay off the mortgage. In determining whether this was a good investment ... more...

Negotiating the Sale of Your Home
Negotiating a successful sale of your home requires an environment that sustains the buyer's interest and trust during the process. Many of our clients have been very experienced negotiators, and from them we have learned that the goal is to reach a "good agreement" - one in which the underlying ... more...

Real Estate Terms From Condominiums to Deeds of Trust
When buying or selling a property, it always helps to have a basic understanding of real estate terms. In this on going series of articles, we take a look at definitions starting with condominium.1) Condominium - A type of ownership in real property where all of the owners in a collection of ... more...

For Sale in Ridgefield
Ridgefield Connecticut, located near the New York border, is a small, quiet town, and a great place to live. There are many types of homes that are for sale in Ridgefield, including luxury homes. Because Ridgefield is on the New York border, and has a train station with a train that goes into New ... more...

3 Ways To Sell and Have Fun Doing It
There are many ways to sell and have fun doing it, but some times we really need to step outside the box and do something a little different if not drastic.Listed below are the three fun and exciting ways to take that giant leap and start having fun selling your product! The Sidewalk ... more...

How To Find Your Dream Home In Belize
Shopping for property in Belize is not as simple an undertaking as you might initially expect!Firstly, estate agents as we know them are non existent! Real estate brokers that do exist are likely to be unlicensed, unregulated and certainly not trained or insured.Secondly, the majority (and I mean ... more...

Flat Fee MLS Listings - Is This The Future Of Real Estate
Realtors are all a buzz about this new form of listing houses on the MLS (multiple listing service). Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market.It use to be when you made the decision to sell your home, you ... more...

Real Estate Note Holder Facts - What to Know Before You List Your Real Estate Note
If you're a real estate note holder looking to list your note for sale there's some things you need to know first. The buyer of a note will ask for certain information each and every time they purchase a note.Being prepared with this information when you list a note can save you time and ... more...

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