Letting seller stay after home closing is risky
Unless you have covered all the possibilities, in writing, you could get burned, says Real Estate Adviser Steve McLinden.
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If You Must Sell, Name Your Price Carefully The mantra of real estate agents these days is that a well-priced property will sell. But even the most experienced agents say deciding on a price has become one
Mortgage Application Volume Declines (AP via Yahoo! Finance) Mortgage application volume declined 11.6 percent during the week ending Dec. 28, according to the trade group Mortgage Bankers Association's weekly application survey.read more...
Retailers thinking outside big box (Reg Req'd) The huge cinder-block stores that have defined suburbia for a generation are undergoing a facelift.read more...
Suspected cases of mortgage fraud soar 35 percent (The Columbus Dispatch) WASHINGTON ? The oncebooming housing market and rising popularity of nontraditional home loans have produced an unwanted byproduct: a 35 percent increase in suspected mortgage fraud.read more...
Lenders Target State Laws RALEIGH, N.C. A booming industry that makes home loans to people with fragile credit is lobbying Congress for nationwide rules that regulators and consumer advocates warn would roll back tougher
Affiliate files $220 million claim against Metropolitan Mortgage (Seattle Times) A Metropolitan Mortgage & Securities insurance affiliate has filed a $220 million claim against the company, an action officials say...read more...