An expert’s advice on selling or buying a home in today’s real estate market.


James Hughes is one of the nations foremost real estate authorities. His advice to sellers is to put a realistic price  on your house. His advice to buyers is if you wait for prices to come down even further , mortgage rates , now at historically low levels, may shoot up. In this article he answers … More An expert’s advice on selling or buying a home in today’s real estate market.

Buying Again After Completing a Short Sale or Foreclosure


For many sellers who are trying to sell their homes in this declining real estate market a short sale is an option being considered. Here , they accept a selling price that is less than the balance on their existing mortgage in the hope that their lender will allow the sale to be completed and … More Buying Again After Completing a Short Sale or Foreclosure

What Happens If Freddie and Fannie Disappear?


The Obama administration held hearings this week to discuss possible solutions to the current problems affecting how mortgage loans are made. Since approximately 90% of mortgage loans are backed by one of the governmental agencies, they realize the importance of coming up with a better system that takes the risk away from the government in … More What Happens If Freddie and Fannie Disappear?