by Phyllis Rockower | Nov 19, 2014 | Uncategorized
This is A prediction for home prices for the coming years from Freddie MAc. As you can see, things are reverting to normal...
by Phyllis Rockower | Nov 18, 2014 | Uncategorized
Real Estate market is stuck in neutral Sales are at the highest point of 2014 burr still below last year. NAR says it’s because of the lack of inventory. Builders are not building enough new homes to satisfy the...
by Phyllis Rockower | Nov 16, 2014 | Uncategorized
A short sale can cost you money If you did a short sale on your property, you could be in trouble. When a lender agrees to take less than what is owed on your loan, you are liable for paying tax on that amount. It’s really a forgiven debt and is considered as ordinary...
by Phyllis Rockower | Oct 23, 2014 | Uncategorized
Homeowners who are underwater fell to 15% in the third quarter of 2014- according to RealtyTrac. 8.1 million properties are seriously underwater – at least 25...
by Phyllis Rockower | Oct 18, 2014 | Uncategorized
Mortgage rules are dranconian Even Ben Bernanke was turned down for a refi because he was not at his present job for 2 years. Huh? Because of the giant fraud that happened in the early part of the century when banks allowed anyone who could breathe get a loan, the...
