Types Of Bankruptcy

Local housing market only getting hotter  It's real estate season, as summer weather entices potential investors in the Ukiah area with first-time buyers entering an extremely attractive market, searching for the perfect home in their price


Lean Years May Mean Mortgage Bank Mergers (AP via Yahoo! News)   The last four years will likely be remembered as a gilded age for anyone in real estate, especially mortgage bankers. But with interest rates rising, the industry is preparing


Home construction falls for sixth month  Construction spending fell in September as home building declined for a sixth consecutive month, the longest stretch of weakness in residential construction in more than a decade.Commentread more...


Mortgage approvals fall says BSA (Money Marketing Online)  Mortgage approvals have fallen from £4,248m in April 2006 to £3,910m in April 2007. Building society gross advances amounted to £3,772m in April 2007, compared to £3,512m in April 2006.


Ellie Mae creates division to serve mortgage bankers (BizJournals)  Ellie Mae, a software company focused on the mortgage industry, said Thursday that it created a division targeting mortgage bankers.read more...


What are rules on selling a home, moving overseas?  We have owned a home in Santa Clara since November 2004. This is our first home.read more...

August 18th, 2006

Seller Financing May Attract Buyers Who Won’t Bite Otherwise

Q: We have had our house on the market for more than a month, with absolutely no nibbles. We lowered the price to no avail. A friend suggested that we consider taking back financing. We don’t know if this is legal or how it works. Is this something we should consider?

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