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Archive for March, 2006
Book helps identify best locations, foreclosure profit strategiesRobert J. BrussInman News
If you are just starting your real estate investment career, and want to learn all the benefits realty investments offer, first read “Real Estate Investor’s Checklist” by longtime investor Robert Irwin. Rather than being a dull book about real estate investments (there are lots of [...]
03/28/06 |
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Bounced check raises red flagRobert J. BrussInman News
DEAR BOB: I had a contract to sell my home. I gave the buyer seven days to bring me an acceptable mortgage letter from a bank, but he presented a letter from a mortgage broker indicating final approval of his loan was subject to “underwriting.” His bank returned [...]
03/28/06 |
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Moldy surprise causes problems for unsuspecting home sellersBarry StoneInman News
Dear Barry,
We recently sold our home and made full disclosure of every defect we could think of. The buyers hired a home inspector, and we repaired all of the defects listed in the inspection report. We wanted the buyers to be satisfied with the home and [...]
03/28/06 |
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Rising inventory gives buyers advantageDian HymerInman News
If you postponed buying a home during recent years, or found yourself unable to buy due to fierce competition from other buyers, now could be the window of opportunity you’ve been waiting for. Interest rates, although gradually rising, are still low. And, generally, the inventory of homes for sale [...]
03/27/06 |
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Certain investments not worth the riskJack GuttentagInman News
Q: “I bought a house two years ago that is now worth $340,000, with a mortgage of $240,000. I am being told that my $100,000 of equity is “dead,” just sitting there doing nothing for me. How can I make my equity work for me? I don’t want [...]
03/27/06 |
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Why contacting lender could be a mistakeRobert J. BrussInman News
DEAR BOB: My daughter and another teacher co-own a townhouse. The other teacher is leaving to get married. My wife and I are going to buy her out so our daughter can avoid selling and trying to purchase again in an expensive area. To remove the [...]
03/27/06 |
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Weather-resistive barriers help prevent cold air leaksPaul BianchinaInman News
Ever slip on a lightweight windbreaker on a blustery, rainy day and feel warmer? A windbreaker doesn’t add much in the way of insulation and it only keeps out some of the rain, but really cuts down on how much wind works its way through all the [...]
03/24/06 |
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Quiz agent about marketing plan, sales commission, referencesRobert J. BrussInman News
Spring is traditionally the best time of year to sell your house or condominium. The reason is that March through June is the peak home sales season when the largest numbers of prospective buyers are in the market place.
But 2006 started out differently. For [...]
03/24/06 |
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Manufacturers meet demand for fashion, convenienceKatherine SalantInman News
We’ve all heard about the “to die for” kitchen that impresses your friends and relatives. What about the “to die for” garage door? The very idea may make you fall out of your chair laughing, but the offerings of garage door companies have radically changed in the last [...]
03/24/06 |
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More increases expectedLou BarnesInman News
The 10-year Treasury note has held below 4.75 percent, in turn holding mortgages below 6.5 percent, both despite certain knowledge that the Federal Reserve will raise its overnight rate on Tuesday to 4.75 percent and very likely signal intentions for one or more hikes ahead.
After next week, the Fed will not [...]
03/24/06 |
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