These are all the Blogs posted in August, 2008.
Monday, August 4, 2008
If You Receive a Default Notice
Are you one of the homeowners that fell into an adjustable rate mortgage, and have received a default notice? A word to the wise - do not panic.
Many homeowners panic first and think later. This leads to frustration and conflict, and can result in loss of money. Recent calls from homeowners stating that they fell in to a trap created by
companies, that offer a resolution on their default. Here is what
can happen - you go on the web in search for assistance and enter your information. The phone begins ringing with promises of how they can get the bank to modify your loan bac... Read more
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Tuesday, August 12, 2008
Just A Year Ago!
It was just a year ago that Donald Trump did a segment on Larry King Live, speaking about Selling in an Upside Down Market.
On ABC’s Good Morning America Show today, he was interviewed by Diana Sawyer, and gave this encouraging advice, "Buy now, if you can."
His prediction - That buyers will have the next year for a historical opportunity to purchase homes.
Here’s the link to the video of the segment:
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Wednesday, August 13, 2008
At the Stroke of the Pen
At the stroke of the pen during the President’s recent signing of the Housing and Economic Recovery Act of 2008, opportunity arrived for First Time Buyers. But even beyond that – it is also good news for Sellers of entry-level houses as well. In recent months many folks dwelling in their first homes, had wished they could move up to larger homes, but were thwarted in doing so by a market that wouldn’t easily accommodate the marketing of their present home.
For First Time Buyers, there are incentives and tax saving available. Those who purchase homes between April 9, 2008 and July 1,... Read more
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Wednesday, August 20, 2008
Avoiding Scams Surrounding Free Credit Reports
Often when folks are readying themselves to buy homes, one of their first acts of readiness is to obtain their all important credit score. By law, consumer credit reporting companies, Experian, TransUnion, Equifax, are to provide you a free copy of your credit report, once a year, should you request it.
There is a toll-free number, mailing address, and a central website (listed below), which you can reach these the three companies mentioned above.
It should also been known there are companies that claim to provide this free service. However, there is also and high incidence o... Read more
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Tuesday, August 26, 2008
California's Falling Home Prices Spark Increased Number of Sales
The California Association of Realtors reported today, that California’s free-falling home prices sparked a fourth straight month of year-over-year sales gains during July.
Jim Wasserman of The Sacramento Bee, has a more detailed report on the numbers of state wide home sales statistics in California, and collective California price reduction data.
The article is linked below:
The month of July also demonstrated dramatically increased number of home sales for Sacramento as well - while prices declined for the same time period.
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