Saving Grace
Posted on Created: Thursday, 27 August 2009 09:22
Recent attention has been given to the shortcomings of the governmental program designed to modify home loans of those in need.  Critics claim that the program does not help out enough Americans because they don’t “qualify”, that homeowners are being asked to jump through hoops just to get the modifications that they need to survive financially, and that the government, companies, and customers have not been on the same page.             Many of those wounded by these shortcomings would jump at the opportunity to meet one-on-one with the people that were about to repossess their homes.  Well, as it turns out, that may now be possible.  In some locales, there exists a program that allows homeowners to be able to request a sit-down meeting with lenders before they foreclose the property.              It is important to note that the foreclosure process still occurs up to the meeting point, but the bank is not allowed to actually repossess the home until ...
 
Modification Woes
Posted on Created: Thursday, 27 August 2009 09:21
America is founded, among other things, on instant gratification.  Nearly all of us have the strong desire, or even need, to see results quickly.  It is the fast food culture that many of us grew up in. That being said, nothing irks us like inefficiency.  And inefficiency is all that the government has shown us regarding its new mortgage initiative, otherwise known as “Making Home Affordable”.  Well, a huge number of us Americans have lost our jobs and desperately need our government to help us make our homes affordable, but, too often, there is some sort of problem that prevents anything from getting done.  Try waiting months for a modified loan because you’re “missing a form”, or your paperwork is outdated, or even because you spend too much money on food (and yes, these are all actual reasons for denial).  So, why are so many of us forced to jump through flaming hoops like a circus dog?  Is it because there really are problems with our paperwork?  Is it because ...
 
Texas Real Estate Value Remains Stable
Posted on Created: Tuesday, 02 August 2011 04:43
  I-agent.com reports: In spite of an increasing debt crisis today, Texas real estate values seem to remain stable in comparison to even 2009. Dwight Hale- chairman of the Texas Association of Realtors- spoke recently on the incident, quoting: "Though statewide sales volume is down compared to 2010, when the tax credits were having the biggest impact on our market, we're right on pace with the second quarter of 2009. In addition, Texas has dominated national headlines for economic strength, which makes it clear the recovery continues in our state." This indicates strength in the Texas market, and is something to think about considering how much land Texas has; when it comes to the spe ...
 
Big Building Woes
Posted on Created: Sunday, 12 July 2009 08:43
The recent state of the real estate market affects more than homeowners. It affects big companies and their employees, too. Last year, the number of large corporations that had to close up shop in certain areas increased by almost 2,000 compared to 2007. Because of the tough economy and the state of the market this year, some of these large corporations, such as Circuit City, Home Depot, and others, are forced to close stores because of lack of profit. That leaves hundreds of jobless employees and an inconveniently-large building that goes on the market for more than 10 million dollars. This cycle is self-perpetuating, because it, in turn, makes the economic situation even worse. Consumers no longer spend their money at the corporation because it has closed, and hundreds are out of jobs. Hardly anybody is in the market for a building the size of a Home Depot or a Circuit City, and the fact that the building retails for such a high price doesn’t help the situation much, ei ...
 
We are in Beta so please forgive our errors.
Posted on Created: Monday, 23 February 2009 21:18
Thanks to several proactive clients we have identified an error in our database that has been allowing homes that are either sold, under contract, or off the market appear in the search results.  We apologize for any inconvenience this may have caused you and want to thank those who originally bought it to our attention In the meantime continue to use our site as normal (99% of the listings are accurate as of today) and rest assured that this error will be eradicated by the day's end. If you find any errors or bugs please email us at This email address is being protected from spambots. You need JavaScript enabled to view it. document.getElementById('cloakc66f5fa1d7c8549de85974f0c9805345').innerHTML = ''; var prefix = 'ma' + 'il' + 'to'; var path = 'hr' + 'ef' + '='; var addyc66f5fa1d7c8549de85974f0c9805345 = 'info' + '@'; addyc66f5fa1d7c8549de85974f0c9805345 = addyc66f5fa1d7c8549de85974f0c9805345 + 'i-agent' + '. ...
 
Reducing Uncertainty
Posted on Created: Tuesday, 18 May 2010 12:02
Obama’s plan to help lower mortgage payments is still a mystery. It has been just more than a year since Obama’s programs were created to help get Americans out of their funk, but the jury is still out as to whether or not these programs have actually helped Americans. On the one hand, about 25 percent of those who have applied for help have received it. On the other hand, another 25 percent of those who applied for the programs have dropped out of the program during the trial phase. The remaining half of Americans who have applied for help are stuck in limbo somewhere. The process involved in the programs has been criticized for not being quick enough. Many homeowners feel as if the mortgage companies simply want them to run around in circles until they get too frustrated to continue. Experts say that this practice has to stop. Mortgage companies need to expedite the program so that a quarter of applicants will not drop out during the trial phase. Another issue is the theo ...
 
Clean-up Duty
Posted on Created: Thursday, 18 March 2010 15:58
Anyone who has been looking optimistically at the relatively low foreclosure numbers recently will not want to read this article. Well, it is probably better if you read it anyway. The numbers in the foreclosure department are about to take a turn for the worst. There are many, many Americans who are on the verge of foreclosure, but have not yet fallen into the abyss. According to a new report, there are between 5 and 7 million Americans who are seriously behind on their mortgage payments- so far behind that their delinquency is almost sure to end in foreclosure. This will put a damper on what many experts describe as a weak, yet stabilizing, economy. The relatively calm numbers that we have seen in the housing sector will almost certainly take a turn for the worst. Experts say that the only reason that the foreclosure numbers are relatively tame right now is because there is a large number of Americans who are just about to fall into the abyss. The figures will soon catch up to th ...
 
 
 

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