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Today’s Top Story Archive


How to Answer 5 Common Questions Homeowners Have About Default

RISMEDIA, July 7, 2010—With so many homeowners facing tough decisions about their mortgages in or approaching default, questions abound about how to best handle the complex situation with the bank lenders they're indebted to. To help clarify such confusion and ...


Pending Home Sales Drop as Expected

RISMEDIA, July 6, 2010—Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the National Association of Realtors. ...


7 Things All Borrowers Should Know About FHA Loans

RISMEDIA, July 3, 2010—FHA Pros, LLC, a national FHA condo approval service, has developed a list of facts speaking to the top misconceptions associated with FHA loans in order to help home buyers better navigate an already confusing market. FHA ...


RE/MAX: Agents Taking Action – Associates Learn, Adjust and Expand to Stay Successful

RISMEDIA, July 2, 2010—Gayle Henderson spent more than a decade building her real estate business and becoming one of the top luxury-home specialists in Arizona. Her hard work was handsomely rewarded—in 2007, she earned more than $500,000 in commissions. ...


Responsible Homeowners Drown in Debt With No Offer of Help

RISMEDIA, July 2, 2010—(MCT)—Scott Katzer owes about $200,000 more than his Fort Lauderdale home is worth. Unable to sell anytime soon, he wants to reduce his monthly mortgage payment by refinancing to a lower interest rate. Katzer doesn't qualify under ...


House Extends Home Buyer Tax Credit Closing Deadline

RISMEDIA, July 1, 2010—(MCT)—The House of Representatives introduced and passed a proposal to extend the original June 30 closing deadline for home buyers who want to get up to $8,000 in tax credits. ...


Housing Crisis Likely to Drag Down Credit Scores

RISMEDIA, June 30, 2010—(MCT)—For countless Americans struggling to make their mortgage payments, the problems have just begun. ...


Home Buyers Who Missed 8,000 Dollar Tax Credit Coming Out Ahead

RISMEDIA, June 29, 2010—(MCT)—Home shoppers who missed the April 30 deadline for a housing tax credit might have the last laugh. For a variety of reasons, they could end up saving more than the $8,000 they could have received from ...


Home Buyers Who Missed 8,000 Dollar Tax Credit Coming Out Ahead

RISMEDIA, June 29, 2010—(MCT)—Home shoppers who missed the April 30 deadline for a housing tax credit might have the last laugh. For a variety of reasons, they could end up saving more than the $8,000 they could have received from ...


Low Mortgage Rates Not Enough to Lure Potential Home Buyers

RISMEDIA, June 28, 2010—(MCT)—Mortgage rates have tumbled to record lows, but high unemployment and job jitters by still-working Americans mean the milestone is unlikely to attract enough borrowers to boost the unsteady housing market, economic and real estate professionals say. ...


Homes Shrink as Market Sinks

RISMEDIA, June 26, 2010—(MCT)—When the going gets tough, the houses get smaller. Or at least that's what data from the U.S. Census Bureau are suggesting. ...


As Tax Credit Expires, New Home Sales Sink

RISMEDIA, June 25, 2010—(MCT)—Sales of newly built U.S. homes collapsed in May 2010, the government said recently, falling to a record low and stirring concerns among some economists that the housing market would stumble again now that a popular federal ...


If These Walls Could Talk – How Do Home Inspections Provide Buyers Protection through Home-Buying Process?

RISMEDIA, June 24, 2010—As we continue to see record numbers of foreclosures across the country, Dan Steward, president, Pillar To Post, is making it his priority to educate the public about the proliferation of homes used as drug labs (specifically, ...


Top 10 Things You Should Know about Financial Reform

RISMEDIA, June 23, 2010—As the United States continues to put plans into action in order to help remedy the country’s financial situation, Americans are waiting optimistically to see the end result of the regulation bill that is moving through both ...


Home Sweet Home – After Six Months, Florida Family Moves into 203k-Loan Renovated Home

RISMEDIA, June 22, 2010—Last month, we brought you part one of a story about Ronald Black, a man who purchased a government-auctioned home in Lakeland, Florida, for just over $37,000 and then used monies from the FHA’s 203k loan program ...


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