Appraisals: something I’ve never talked about
I haven’t written many entries about appraisals. Mostly, it’s not been something I’m that interested in. It’s a very important subject, though. It was important when prices were rising, and it’s important now that prices are … not...Prepare for delays in closing on your next deal (maybe)
According to this article, buyers and sellers should expect things to move more slowly on their way to closing. Lenders are taking more time to get mortgage documents in order these days, and real estate professionals consequently must be prepared for a slower...Buying in an under-construction development? Be wary …
As many people in the US have found out (including at least a couple of people in Boston …), buying into a condo development while it’s still under construction can cause you a lot of trouble. Due to tightening credit (and a lack of buyers …), condo...Those who put little money down at closing default more often
Off the wire: The Federal Housing Administration is prohibiting its borrowers from relying on down payments financed through charities that are in effect paid for by the seller. These programs, which often are run by legitimate charities, have helped thousands of...How much is your property worth?
How much is your property worth? The smart-ass answer is, it’s worth exactly what someone’s willing to pay for it. The long answer is, it’s worth what you want to pay for it, or it’s worth what the seller thinks it’s worth, or it’s...Condo Listings by Neighborhood
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