Consumer News and Advice | RISMedia

Fannie Mae to Rent Foreclosed Homes to Their Owners

Saturday, November 14th, 2009

RISMEDIA, November 14, 2009— (MCT)—Qualifying homeowners facing foreclosure will be able to stay in their homes—as renters—under a new program announced recently by Fannie Mae. ...

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Are Short Sales Really the Next Big Thing?

Tuesday, November 10th, 2009

RISMEDIA, November 11, 2009—If you believe the hype, it appears that the next phase of the housing market recovery is going to rely heavily on short sales

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Understanding Home Owners Association Fees

Monday, November 9th, 2009

“The Home Owners Association fee is too high!” RISMEDIA, November 10, 2009—That is one of the most common objections to purchasing real estate

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Consumers Pay off Debt for Record 8th Straight Month

Monday, November 9th, 2009

RISMEDIA, November 10, 2009—(MCT)-Outstanding consumer credit fell at a 7.2% annual rate in September 2009, the eighth consecutive decline, the Federal Reserve reported. Credit balances had never fallen eight months in a row before in the 66-year history of the data. ...

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Negative Equity Falls in Third Quarter, Home Values Show Short-Term Stabilization

Monday, November 9th, 2009

RISMEDIA, November 14, 2009—The percent of American single-family homes with mortgages in negative equity fell to 21% in the third quarter, down from 23%

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Expanded Version of Tax Credit Will Allow More Homebuyers to Qualify

Sunday, November 8th, 2009

RISMEDIA, November 9, 2009—President Obama recently signed an expanded version of the $8,000 first-time homebuyer tax credit that was set to expire on November 30.

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Stage Your Home for Under $1,000

Thursday, November 5th, 2009

RISMEDIA, November 6, 2009—(MCT)—Staging a home for sale can set it apart from the competition and make it inviting to the greatest number of buyers. Kiplinger's Personal Finance has these suggestions for staging your home for less than $1,000: ...

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