Do you want to make hay while the sun shines? It is the best time to buy a house at dirt-cheap rates. One the one hand developers of new houses are slashing their prices and on the other one after other properties are coming under the hammer of foreclosures. While some regions are still untouched [...]

June is the month for celebrating National Home Ownership. The purpose is to inculcate into the people the value of putting down roots – lighting the home fires under a roof of one’s own. It is a common American dream, which has suddenly become a nightmare. Property prices are tumbling, foreclosures are rising and the [...]

It seemed as if a big party on. Cars rolled in on a foggy Sunday April morning in downtown Riverside. Men in tuxedos guided the traffic. Now that was unusual! People shopping for real estate bargains tumbled out in dockers, sandals and shorts. Don’t let the casual dress code divert your attention. These were all [...]

Mortgage defaulters who are facing foreclosures are waiting for help from Washington. The authorities however have taken a wait and watch stand to the fallout resulting in years of lending practice without being backed by sufficient credibility. The market is showing signs of self-recovery and the overall economy seems to remain untouched. At this point [...]

Investors are moving in for the kill. The lashing tidal waves surging through the entire country has taken its toll. Now is the time to buy and buy – most probably to rent it out and wait for the wave to subside. It’s a great time to shop for foreclosures. The worst hit are the [...]

It is hard work to make a living out of taking phone calls. According to statistics if you make 100 calls you will get 5 appointments; out of that 5 you will get 1 listing. It is a hard way to count your pennies when only after 100 calls you will get a listing. People [...]

Five bills, introduced last year, are intended to stop the landslide loss of homes in Colorado. Governor Bill Ritter is expected to sign a package of mortgage related bills. The aim is to protect consumers from the rising tsunami of foreclosures. Brother’s Redevelopment Inc. in Denver is in charge of the state’s hotline dealing with [...]

It is mostly the Afro-Americans who are turned down when they apply for a house loan because of their tarnished credit history. But the feeling in them as in all others to own a hearth and home is very strong. This leads them to fall prey to sub-prime real estate dealers who let them have [...]