About Short Sales vs Foreclosure Should you face a foreclosure today, you’re definitely not alone. You’re without a doubt feeling desperate, helpless and you may not know what options are available to you like short sales vs foreclosure. A Foreclosure can be devastating! You may have trouble eating, sleeping and merely functioning! The telephone rings [...] Read more »
Are US Real Estate Investors Hindered By Financing?
US Real Estate Investors Hindered By Financing Borrowing costs and lack of consumer market confidence is causing US real estate investors to back down according to panelists at the Bloomberg Dealmaker’s Summit in New York yesterday. What are the other factors causing the slump? Its a mixture of many things, but US real estate investors [...] Read more »
How Will the New Obama Housing Program Affect the Market?
Will New Obama Housing Program Make A Difference in the Market? The new Obama housing program was unveiled during the president’s speech before Congress on Thursday night. The Obama housing program promises to be the answer to the troubled housing market, but it sounds oh so familiar. Here’s an Obama quote from CNN Money about [...] Read more »
Hacking, Extortion, Death Threats, And International Fame!
Life is never boring as a real estate investor! Ok, I wasn’t going to say anything, but last week my fan page was hacked and now it’s becoming international news so I guess I’ll address it. I was actually in Vegas and Hawaii doing a speaking tour when all of this took place with the [...] Read more »
Tax Credit 2008 Payback
The tax credit in 2008 was actually more of a 15 year interest free loan with a 2 year grace period and now that the grace period is up, it's time to start paying it back. Whatever amount you qualified for, divide by 15, and that is the amount you will be required to start paying back. So if you took advantage of the full $7,500 tax credit, you will have to repay $500 per year for the next 15 years. Read more »
Home Staging 101
Home staging; does it matter? Is it better to invest money in home staging or is it better to make upgrades or replace carpet and paint? Read more »
Is Google Maps Retiring From Real Estate?
In part due to low usage, the proliferation of excellent property-search tools on real estate websites, and the infrastructure challenge posed by the impending retirement of the Google Base API (used by listing providers to submit listings), we’ve decided to discontinue the real estate feature within Google Maps on February 10, 2011. Read more »
First Time Home Buyer Tips
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For the first time home buyer, buying your first home is one of the most exciting things you will ever do. If you have spent years living in apartments, there is nothing more satisfying than owning your own property. The process can be a little lengthy and you might hit a few bumps in the road to home ownership. [...] Read more »
The Flexibility you Need: Benefits of Home Equity Lines of Credit
![rsz_21831833_bd1868a7bc_b[1]](http://www.reimaverick.com/wp-content/uploads/2010/07/rsz_21831833_bd1868a7bc_b1-150x150.jpg "rsz_21831833_bd1868a7bc_b[1]")
You may wonder what the differences between home equity loans and home equity lines of credit are. Home Equity When you have a mortgage on your home but the value of the property exceeds the amount owed, the difference between the outstanding debt and the property value is referred as Home Equity. This remaining property value can be used to guarantee [...] Read more »
