Saving house sale better than being right
A buyer demanding things not in the contract is on very thin ice, but you may be wise to compromise before the deal freezes up altogether, says Real Estate Adviser Steve McLinden.
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Moody's downgrades risky mortgage debt (International Herald Tribune) Bondholders are forecast to lose as much as $75 billion on subprime mortgage securities, according to Pacific Investment Management, manager of the world's biggest bond fund.read more...
What You Need To Know About Real-Estate Investing Wall Street Journal editor Dave Kansas details the tax deductions available to owners of primary and second homes, as well as how to buy a profitable rental property.read
Rate Trend Index -- Mortgages Each week, Bankrate.com surveys experts to gauge which way interest rates are headed on mortgages -- a vital tool if you're about to buy a home.read more...
Home Resales Resume Declines Existing-home sales resumed falling in June, dropping 2.6% from the previous month, and the median price dropped from a year earlier as inventories crept higher. Meanwhile, jobless claims jumped last
Ex-broker to serve 12 years in Pa. mortgage scam (AP via Yahoo! Finance) A former mortgage broker sentenced to federal prison Wednesday blamed his poor business acumen for causing hundreds of Pennsylvania homeowners and investors to lose millions in what prosecutors described
Barclays sees mortgage opportunity amid crunch (Reuters.co.uk) LONDON (Reuters) - British bank Barclays sees tougher market conditions as a growth opportunity for its UK mortgage business and retail arm, thanks to growing deposits and lower costs, senior