Home
Twitter Facebook Linked In RSS feed
Join Inman News!
Search
  • Sign In
  • Shopping Cart Shopping cart
  • News
    • Brokerage
    • Agent
      • Agent Advice
    • Tech & Mobile
    • Consumer
      • Buying & Selling
      • Home Improvement
      • Personal FInance
    • Reports/Features
      • House Profiles
      • People Profiles
      • Real Estate Roundabout
    • Investing
    • Mortgage
      • Personal Finance
    • Rentals
  • Opinion
    • Columnists
      • Biographies
    • Letters
    • Perspectives
    • InmanNext
    • Submit a Tip
  • Conferences
    • Agent Reboot
    • Data Summit
    • Real Estate Connect
  • InmanNext
    • Next TV
    • Social Media
    • Tech & Gadgets
    • Mobile
    • Events
    • About Next
  • Video
    • Connect Videos
    • Agent Reboot
    • Inman TV
    • Podcasts
    • Webinars
      • Upcoming Webinars
  • Community
    • Members
    • Groups
    • Marketplace
  • Tools
    • REmessenger
    • Q & A
    • Directory
    • Job Search
  • About Us
    • Advertising
      • Ad Specs
      • Audience
      • Content channels
      • Event Sponsorship
      • Products
      • Testimonials
    • Syndication
      • Examples of Content Syndication
    • Columnists
      • Main
      • Biographies
    • Careers
    • Contact
  • Store
    • Reports
    • Media
    • Membership
    • Columnist Reports

News

Search Real Estate News

    Popular Searches:
  • Mortgage
  • MLS
  • Foreclosure
  • Short Sale
  • Brokerage
  • Technology
Close x
Home
Date
  • All
  • 2004
  • 2005
  • 2006
  • 2007
  • 2008
  • 2009
  • 2010
  • 2011
  • 2012
  • All
  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
  • All
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31

Difficult economic equations: Do the math Premium Content

By Lou Barnes, Friday, July 31, 2009.
Flickr photo by <a href="http://www.flickr.com/photos/sloth_rider/392367929/" target=blank>.A.A.</a>.

Interest rates are a hair lower at week's end, more in relief that another massive Treasury borrowing -- $109 billion in term debt alone -- came off without injuries.

However, long-term Treasury rates have been elevated since May, pushing mortgages to 5.5 percent, past the edge of refinance demand, and near the limit of buyer demand. The economy is living on government spending, in today's report up 5.6 percent in the second quarter, but consumer spending falling faster than GDP, -1.2 percent vs. -1 percent.  more...

Second-guessing the purchase offer

By Tara-Nicholle Nelson, Friday, July 31, 2009.

Q: I just made an offer on a bank-owned house. The bank's asking price was $125,000, and I offered $120,000. I keep kicking myself, wondering whether that offer was too high. Was it?

A: I'm going to do some of my law school and philosophy professors proud, and disappoint others severely, by answering your question with a question: What do you mean by "too high"?  more...

A visit to Fadsville

By Arrol Gellner, Friday, July 31, 2009.

The other day I was rummaging through a local architectural salvage yard when, way out in one corner, past the rows of forlorn toilets and racks sagging with old sinks, I came across a depressing sight. It was a literal mountain of fancy whirlpool tubs, each of which some home-buying couple had once considered absolutely indispensable to their master bathroom. In reality, these tubs had been unused, unloved, and finally ripped out and given away. And here they were, a moldering monument to a silly but ubiquitous fad that's still with us today.

Dubious building fads are certainly nothing new. In tract houses of the 1920s, for instance, a separate breakfast room was deemed a must, even if many of them were barely big enough to fit a table, let alone four chairs. Upscale ranch houses of the 1950s, on the other hand, frequently boasted an indoor barbecue, a patently impractical feature that was almost immediately covered over to net more counter space.  more...

Rodents do number on home's insulation

By Paul Bianchina, Friday, July 31, 2009.

Q: I have some kind of rodent digging up small mounds of dirt in my yard, but now they are under my house pulling the insulation off from over their little heads and urinating in the soil (after having come up under the plastic tarp and tearing holes in that). I can smell an odor coming up through the bathroom heater vent. Orkin says they don't do that kind of pest. What can I do? Thanks again for all you do to help us!

A: What you need is an exterminator that works with small rodents, so I would suggest you call someone other than Orkin. There are a number of different approaches ranging from poisons to live traps that any good exterminator should be able to help you out with.  more...

Tenant uses job loss to break lease

By Robert Griswold, Friday, July 31, 2009.

Q: Our tenant broke our one-year lease after six months. He has written me a letter claiming he is not responsible for the remaining six months of rent because he had to move after losing his job.

We understand that landlords have an obligation to minimize the loss of rent, but the rental market here is very slow and there is hardly any demand. In the past we have just put up a small sign and we would receive dozens of calls. Not this time. So we have even hired a top local real estate firm to list and show the rental unit, but after 60 days we still have no qualified applicants.  more...

Own a vacant home? Take precautions

By Steve Bergsman, Friday, July 31, 2009.
Flickr photo by <a href="http://www.flickr.com/photos/edkohler/2923277466/in/photostream/">edkohler</a>.

The street where I live in Mesa, Ariz., is probably very similar to most residential roadways in every other suburban community in America. It's home to about 20 families plus at least one house that stands abandoned by all who once loved it.

Yes, my street has an abandoned property, and I suppose we were lucky because it happened very quickly after the onset of this country's economic mess.

Things went bad from the start, but the bank, which now owns the property, was able to stabilize the situation before it ended up with too many properties to worry about -- thousands of abandoned homes in its collection have since gone from bad to blight.  more...

Mobile tagging is not a crime Premium Content

By Joseph Ferrara, Friday, July 31, 2009.
Flickr image by <a href="http://www.flickr.com/photos/livenature/233281535/">Franco Folini</a>.

Thanks to the phenomenal growth of the iPhone and BlackBerry, and their growing menu of apps, more and more consumers are using their smartphones to interact with the Web. How will future marketers reach these consumers through their mobile devices? Enter the QR code.

A QR code ("Quick Response") a type of barcode that can be "read" by camera-equipped smartphones (the process is a bit like the checkout process in scanning UPC codes at your local supermarket).  more...

Common areas pose repair quandary

By Bernice Ross, Thursday, July 30, 2009.

Are you considering buying a condominium? This week's column looks at three additional pitfalls that can trap an unsuspecting buyer as well as how to avoid them.

The first two parts of this series provided three important questions you must ask before purchasing a condominium or planned unit development (PUD). Those three questions are:  more...

How to treat real estate worrywarts Premium Content

By Teresa Boardman, Thursday, July 30, 2009.
Flickr photo by <a href="http://www.flickr.com/photos/crucially/412142792/">crucially</a>.

A few years ago I was telling sellers I could sell their home quickly and for a good price. That is what they wanted to hear then and that is what they still want to hear.

Sellers expect my listing presentation to consist of all kinds of information about how fast I can sell a home, and seem disappointed when I don't tell them that I can do anything.

These days I end up having a conversation with sellers outlining how it all works and what to expect and, of course, going over my services and fees. I also find myself spending a bit of time going over the things that can go wrong -- maybe too much time.  more...

VA buyers face tough competition

By Tara-Nicholle Nelson, Thursday, July 30, 2009.
Flickr photo by <a href="http://www.flickr.com/photos/barretthall/2108015107/">popofatticus</a>.

Q: I'm a first-time homebuyer using a Veterans Affairs (VA) loan with 100 percent financing. I'm having problems getting an offer accepted, as I'm competing with cash investors as well as other first-time buyers. Every property we find gets three to four offers on it by the day after it's listed.

A: With prices so low, and the $8,000 first-time homebuyer tax credit deadline looming later this year, buyer competition has increased to the point where many homebuyers (first-time and otherwise) are running into multiple offers, over-asking sale prices and getting outbid on their target homes.  more...

Is my landlord 'rent skimming'?

By Janet Portman, Thursday, July 30, 2009.

Q: The property I'm renting was lost in foreclosure in April 2009. The landlord told me he just wasn't able to keep up with the payments, but it sure seems to me that he's been living pretty well recently -- he's got a new car, and just got back from a weeklong vacation in Hawaii. I've got a year's lease, with nine months left, and this owner bought the place six months ago. I'm afraid I'm going to be told to leave by the bank or the new owner. Do I have any recourse against my landlord? --Fred S.

A: If your state has a law against "rent skimming," you may have grounds to go after this landlord, though it won't stop a new owner from terminating your lease. Foreclosures occurring after May 20, 2009, are subject to different rules, and your lease likely would have survived if the foreclosure had happened just a month later. As you're not in this fortunate situation, however, we won't dwell on what could have been.  more...

Renting out the family getaway

By Tom Kelly, Thursday, July 30, 2009.

Howard Craft is one of four adult children who inherited a lakeside cabin from their parents. Every year, the kids gather for a dinner meeting to decide the dates that the individual families will use the popular getaway, assign cleanup chores and discuss possible improvements to the aging structure.

For the first time since the parents stopped their summer residency at the lake place, none of the four children could schedule vacation time to take advantage of the family cabin. Two of the siblings had moved out of the area to take different jobs and could not justify the costs to return to the North Cascades for vacation.

Another, Howard, had accepted a teaching job in New Zealand for a semester, and the fourth felt pinched by the economy and had decided to postpone any vacation time away from work.  more...

Work without a permit, get burned

By Bill and Kevin Burnett, Wednesday, July 29, 2009.

Several weeks ago we responded to a reader's question about possibly removing a fireplace in her 1920s Oakland house.

She made it clear she was going to hire this job out, but wanted our opinion on what we thought of the idea. We gave her the pros and cons as we saw them and also gave her a primer on what might be involved should she decide to take the plunge.  more...

Enforcing real estate's law of scarcity Premium Content

By Kris Berg, Wednesday, July 29, 2009.
Flickr photo by <a href="http://www.flickr.com/photos/bombardier/44428620/">Bombardier</a>.

This week, I once again found myself sitting in the hair stylist's chair covered with enough aluminum foil to safely reenter the earth's atmosphere. It's a ritual I perform reluctantly and only when I find that I am too often being mistaken for a Chia Pet or the fifth Beatle.

I dread these beautification outings because the outcome is so unpredictable. I am what you might call a hair-care orphan. The moment I establish a relationship with someone who demonstrates a modicum of competence, they suddenly relocate their practice to some foreign country -- like Texas -- and I am left to find and test the talents of a new salon professional.  more...

Technicality doesn't cancel loan

By Tara-Nicholle Nelson, Wednesday, July 29, 2009.

In the case of Melfi v. WMC Mortgage Corp., et al., the borrower refinanced his home mortgage with the lender. At closing, the lender provided the borrower with a notice of borrower's right to rescind the transaction within three business days, as required under the Truth in Lending Act (TILA).

The lender utilized the Federal Reserve Board's model form of notice, but left both the blanks for the date of the transaction and the actual rescission deadline blank, although the date of the transaction was stamped on the upper right corner of the form.

Under TILA, an improper notice of right to rescind extends the rescission period from three business days to three years following closing.  more...

12345678next ›last »
 
  • ©2012 Inman News®
  • Home
  • About Us
  • Daily Headlines
  • Advertise
  • Syndication
  • Contact Us
  • Press Release Submission
  • Submit a Tip
  • Privacy
  • Legal