Most Comments Last Updated

How to Do a Tax Free Exchange of Real Estate

The content in this page is not a substitute for professional financial advice. Please contact a finance professional before using the information presented here.

updated 2010-07-17 08:32:41

comments: 0

Rotten Neighbor

• Topix.net: Rotten Neighbor News
• OrlandoSentinel.com: "Our position: Ranting on the Internet about your neighbors..." (February 3, 2008)
  • "While some of you may celebrate this as a long-awaited comeuppance for the guy next door with the chorus of four barking bulldogs, consider how all this negative cyber-chatter may affect your property values."

• Ohio.com: "Disgruntled neighbors click each other off" (January 31, 2008)
  • "The site supposedly welcomes both good and bad comments — green houses for good neighbors, red houses for bad — but it clearly is dominated by the disgruntled."

• CNN.com: Surviving a Nasty Neighbor (January 14, 2008)
  • "It's a beautiful day in the neighborhood -- except your neighbor's not exactly Mr. Rogers. Mr. Rogers wouldn't let his cat use the building's hallways as a litter box."

• CBS News: Tattling On Your Rotten Neighbors Online, New Web Site Lets You Air... (December 29, 2007)
  • "Brant says protecting people's privacy isn't his concern. He believes he can help save home hunters from making uninformed decisions. 'You have so many real estate engines out there helping people find out where they want to live. This is the first one of its kind helping people find out where they don't want to live.'"
• ABC News: Rotten Neighbors? Call Them Out on RottenNeighbor.com (October 2, 2007)
• New York Post: Rip Thy Neighbor (October 1, 2007)
• Geeksugar: Website of the Day: Rotten Neighbors
• Profy: Rotten Neighbor - Find The Bad Neighbors Before You Move
• Lifehacker: Check for Bad ...

updated 2010-07-17 20:37:24

comments: 0

IndyMac Fraud Investigation

On July 11, 2008, federal regulators seized control of mortgage lender IndyMac and the FDIC was put in control of the company's operations. IndyMac's collapse has been called the second largest bank failure in U.S. history.The Associated Press: Government Shuts Down Mortgage Lender IndyMac (July 11, 2008) In the days that followed, hundreds of IndyMac customers lined up outside branches in California to withdraw their money from the failed bank.The Associated Press: Scared IndyMac bank customers demand their money (July 16, 2008)

updated 2010-07-17 10:36:56

comments: 0

How to Find Home for Sale by Owner

In 2006, 84% of the homes that were listed as FSBO enlisted a real estate agency to assist them with the sale.http://www.realtor.org/research/research/fsbofacts This may be because a lot of agents will approach the homeowner when they see the FSBO sign posted in the yard. Some agents think the home owners need help with the sale, so they will approach these owners to offer assistance. After being approached by agent after agent, a lot of them relent, and accept the assistance of an agent, 84% did in 2006. This acceptance give the property more exposure when it is listed on the Internet and in the newspapers.http://marinrealestateblog.com/?p=80 When you go to a real estate agent, you will still need to have all of the same documents and money in the escrow account to show to the lender. If you need help with your down payment, there are programs to assist you.

You can visit a real estate agency in your area and they can show you a list of the FSBO homes that are listed. You may think there is really no need to get an agent to help you with the process because you are sure you can do it yourself. But, when you hire a real estate agent to help you find a home, they will do all they can to find a home for you and a whole lot more. Here is what you can expect when ...

updated 2010-07-17 08:42:12

comments: 0

How to Find Homes for Sale

If you want to buy directly from the seller, it's easy if you know how to find home for sale by owner. There are dozens of websites dedicated to home sales that are sold directly from the owner, with or without a real estate agent. You can find any type of home, the only difference is - these homes are listed by the owner, instead of a government agency or real estate agency. These are literally thousands of listings and you can find foreclosures, land for sale, foreclosed condos, homes and other property. http://www.homes-for-sale-by-owner.info/single-family-houses.html

When you buy a home that is sold by the owner, here is a list of the documents you need to have available:

• Proof of income - You should have your check stubs from the last 30 days.
• Copies of your W-2 forms for the last two years - These are required for each applicant and the person(s) responsible for making the mortgage payments.
• Proof of your earnest money deposit - You have to give the seller a check for a deposit, this will help the lender determine how much money is needed at closing.
• Credit history - You Social Security number and your date of birth is needed to check your credit history and financial background.
• Homeowners insurance - You have to have homeowners insurance for the full coverage of the property.
• Title insurance - The title insurance will tell the lender who own the property, the legal description of the property and the taxes ...

updated 2010-07-17 08:42:13

comments: 0

IndyMac Bank Failure

• The Associated Press: Government Shuts Down Mortgage... (July 12, 2008)
• BBC News: Key US mortgage lender goes bust (July 12, 2008)
• Los Angeles Times: IndyMac Bank seized by federal regulators (July 12, 2008)
• Agence France-Presse: Federal Regulators Seize Control... (July 12, 2008)
• Bloomberg: IndyMac Seized by U.S. Regulators... (July 12, 2008)

1. CNN Money: Bank regulators close IndyMac, transfer to FDIC (July 11, 2008)

• The Wall Steet Journal: IndyMac Begins Dismantling Business (July 9, 2008)
• Reuters: S&P cuts IndyMac's ratings deeper into junk (July 9, 2008)
• Pacific Business News (Honolulu, HI): Regulators take over IndyMac... (July 11, 2008)
• OC Register (California): Sen. Schumer raises concerns over IndyMac's solvency (June 27, 2008)

updated 2010-07-17 10:36:44

comments: 0

2nd Mortgage

The content in this page is not a substitute for professional financial advice. Please contact a finance professional before using the information presented here.

updated 2010-07-16 20:28:10

comments: 0

Home Buyer Tax Credit

The content on this page is not a substitute for professional financial advice. Please consult a financial expert before taking any action suggested on this page.

updated 2010-07-17 07:43:05

comments: 0

Online Mortgage Calculator

The content in this page is not a substitute for professional financial advice. Please contact a finance professional before using the information presented here.

updated 2010-07-18 00:42:37

comments: 0