With so many of the homes on the market being foreclosures today, it is important to be able to know what is myth and what is reality when it comes to issues surrounding the purchase of a foreclosed home. Read more
Take this short quiz and test your knowledge on some basic issues that come up from the time of contract up through the closing date. Take quiz
According to real estate data company Altos Research, housing prices will drop nationally another 5 to 10 % in 2011 before hitting a bottom. Two supply trends will drive prices lower: rising inventory and the lower quality of the inventory. Read more
Wells Fargo Home Mortgage has agreed to a settlement with the California Attorney General’s office that would pay restitution to more that 12,000 borrowers who lost their homes to foreclosure. The loans that were provided to these borrowers were adjustable rate mortgages with low “teaser rates” that would allow them to qualify for the loan, … More Wells Fargo signs “pick a pay” settlement for 2 billion.