Neiman agrees to $5.1 billion buyout (Reg Req'd) Although Neiman Marcus is being sold, customers should expect the same dedication to selling luxury from the new owners, who include local investors and former Bass family advisers, management said
Selling at a Loss? Here's What to Expect From the IRS. It's a homeowner's worst nightmare: selling a home at a loss. Sadly, with the real estate market slowing, more folks are discovering that, yes, this can actually happen. read
High rates reduce mortgage applications (CNN Money) MBA's index of activity falls 0.6% as interest rates climb to their highest levels in 17 months.read more...
Why do I need mortgage insurance? (Louisville Courier-Journal) A: Private mortgage insurance, also known as PMI, is often required if your down payment is less than 20 percent of the home's purchase price. As the value of your
When Schools Close, Doors Open to Opportunities for Revitalization Some in the real estate industry, seeing fewer parking lots downtown and fewer parcels of land elsewhere, worry that the District will soon run out of land on which
Lending Creates Housing Divide for Hispanics It was time to buy a house. Four years of living in Longmont and working for a big company allowed the 38-year-old father of five to rise from being a
Zero Down Mortgage, a division of No Red Tape Mortgage, exclusively specializes in one type of loan: 100 percent financing on purchases. Industry veteran and former broker David Klempner will lead the company as national production manager.
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