How Far Underwater Do Borrowers Sink Before Walking Away?
By Nick TimiraosAt what point do borrowers who owe more than their homes are worth decide to stop paying the mortgage?A new study from economists at the Federal Reserve Board aims...
Fannie Wants To “Lockout” Borrowers Who Strategically Default
By Nick TimiraosFannie 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 GuideAt...
Pain Vs. Pleasure: Evaluating Risk Tolerance in Real Estate
by JOHN FEDRO on MAY 28, 2010In 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: pfalaToday 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 talkingAssumption San Jose OrlandoPrice$450,000 $75,000Down-payment 20% $90,000 $15,000Mortgage$360,000 $60,000Rent$1,750 $1,000ExpensesP&I 5.5% $1,700 $320Taxes$330 $125Insurance$150 $60Property Mang. 8.0% $0 $80Other$0 $83Total$2,180 $668Cash Flow Monthly -$430 $332Annual -$5,160 $3,980After 10 years 200% $900,000 $150,000-$61,920 $47,760$838,080 $197,760Properties 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...