Fannie Wants To “Lockout” Borrowers Who Strategically Default
By Nick Timiraos Fannie Mae said on Wednesday that it would “lockout” borrowers from getting a new loan for seven years if they “strategically default” on a property. The move is...
Realtors Score a Win on Seller Financing
Jessica Holzer reports from Washington: Most people write a check to a lender or mortgage servicer when they want to pay their mortgage. A tiny minority of borrowers, however, make their...
Fannie Mae Homepath Mortgages for Real Estate Investors
[Note from SimplyDoIt: I could not find any info about this program on homepath.com] With low down payments, no appraisal fee and no mortgage insurance, why not? By James Kimmons, About.com Guide At...
Pain Vs. Pleasure: Evaluating Risk Tolerance in Real Estate
by JOHN FEDRO on MAY 28, 2010 In a previous article we discussed some of the risks and rewards of real estate investing. While writing that article I very quickly discovered that there is...
Trulia.com Introduces Rent vs. Buy Index
photo credit: pfala Today Trulia announced America’s Top 10 Cities to Buy vs. Rent and the Top 10 Cities to Rent vs Buy. Trulia calculated the price-to-rent ratio using the average list price...
Real estate Economics by Wikipedia
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related fields...
Hot Russian Spy worked as…a Real Estate Agent? Go figure…
To Russia with love...
Investing In The Bay Area vs. Out-of-State
Let the numbers do the talking Assumption San Jose Orlando Price $450,000 $75,000 Down-payment 20% $90,000 $15,000 Mortgage $360,000 $60,000 Rent $1,750 $1,000 Expenses P&I 5.5% $1,700 $320 Taxes $330 $125 Insurance $150 $60 Property Mang. 8.0% $0 $80 Other $0 $83 Total $2,180 $668 Cash Flow Monthly -$430 $332 Annual -$5,160 $3,980 After 10 years 200% $900,000 $150,000 -$61,920 $47,760 $838,080 $197,760 Properties are available in Orlando, Phoenix, Atlanta, Denver and Oklahoma city. ...
International buyers like U.S. residential real estate
International buyers are snatching up U.S. residential real estate, with people from Canada, Mexico, the United Kingdom and China doing the most buying. The National Association of Realtors in D.C. said...
Foreign buyers like U.S. residential real estate
International buyers are snatching up U.S. residential real estate, with people from Canada, Mexico, the U.K. and China doing the most buying, according to a report in the Washington Business...