The Commerce department in Washington D.C. reported today that housing starts dropped 13 % to a record low in April. The largest contributor was Multi family unit, such as Condominiums and apartment complexes, which were off a whopping 46%. Single family structures were actually up 2.8%. That would help to explain the positive growing home builders sentiment. NAHB, the National Association of Home Builders, housing market index reported numbers...more
To receive more information and your FREE report entitled How To Buy A Wholesale Deal Without Taking A Bath go to: http://www.stswholesaledeals.com/ Need to sell your house quickly? Put off by the thought of estate agents and viewers tramping through your home? Follow this quick guide to selling your home fast.There is an alternative to the traditional route when it comes to selling your home. You can use one of the many specialist companies...more
Most individuals do not have the money to pay for a home in cash so they need to deal with a lender to finalize the deal. While most lenders do try to get you the loan amount you need you should bear in mind that to them it is just business. And while they may be friendly but at the end of the day they are watching out for what is best for them from a profit stand point.Determining whether or not you will be able to repay the loan is critical in the bank's decision since they make their profits by charging interest on the mortgage amount. By examining your past credit history a bank can make a decision on how likely it is that you can repay the mortgage amount. The lending institution is attempting to make a prediction on the future by researching the past just like a historian would but your present situation with be taken into account.In an attempt to learn about your past lenders examine your credit history. Part of your credit history are items such as how many loans you have taken out in the past and the size of those loans. They will also be researching your repayment history on those loans. Were you behind on payments and how many times, was the loan repaid in full and do...more
Author: Garland DrakeThere's nothing more comforting and relaxing as sitting on a cup of English tea coupled with sandwiches and cookies in an English tea house. Whether you are much disturbed by your personal problems or you are tired because of some office works or school requirements, many of the English tea houses offer the best service for...more
Author: Steve KevinThe Wynnstay HouseThe Wynnstay House in Harrogate is a 4-star bed & breakfast. This is one of those high style but very small guesthouses in the area with only 6 rooms in total. The B&B is located in a perfect area near The Harrogate International Centre on Franklin Road, Harrogate, North Yorkshire in the vicinity of The...more
It is time for a new Television show, Bulldoze That House! The theme for the show could be done to the tune of Elvis Pressley's Viva Las Vegas; that gambling town. For gambling is what many home owners have done over the last four years; supplementing or creating income through no-doc-cash-out-refis on their homes, assuming the free money ride would never end.Home ownership has always been about more than making the minimum payment, but with teaser rates and "pick-a-pay" loans doing the minimum was all this so-called housing boom was about.The housing boom was about easy credit rather than economic expansion. While the average American family actually lost purchasing power over the last eight years, easy credit allowed us to maintain the illusion of prosperity while masking the truth: that the American economy has transitioned from higher-wage manufacturing jobs to lower-wage service jobs. That the American economy is based on consumption rather than production.Since 2004, the basic rules of the housing game were discarded in an effort to put more and more people into homes. Home ownership was no longer something to aspire to through hard work and sound money management. With the...more
If you can't make the monthly payments on your house loan you will face a house foreclosure. This is a situation where the lender wants his money and if he doesn't get it, he takes back the house to make up for the payments. It is hard to believe...more
Virtual real estate wholesaling is a unique and potentially highly profitable business that can be operated very successfully without ever leaving the comfort of your home. By exploring and utilizing the ever expanding real estate market via the...more
One of the most common questions that first time homebuyers ask is "Should I buy a house now or wait". It is very common for first time homebuyers to feel anxious about purchasing their first home, if you add to that the speculation about the...more
The shocking and horrifying news about buying a home continues to keep potential homeowners on the fence. While its true that it is a bad time to sell a home, the opposite could NOT be further from the truth about buying a home. Bank owned...more
When it comes to achieving fast house sales, sitting around thinking "I'll never sell my house" is not going to get you anywhere. Instead consider the following three options, any one of which could be the key to your fast house sales dilemma:Option...more
As the recession is taking its toll on business and the housing market the Bank of England has cut interest rates to 0.5 mark really do us any good? With nearly everyone in agreement that the financial crisis is a global one, it is clear to see the...more