Wednesday, April 29, 2009

The Benefits of Owner Financing for Sellers and Buyers

There are many benefits for doing an owner-carry installment sale (as opposed to conventional financing) for both the buyer and seller. Sometimes the advantages inure to the benefit of one or the other, but in most cases the transaction is "win/win" for both parties.

Find out the Benefits

Source: CREonline.com, by William Bronchick, JD, April 29

Friday, April 24, 2009

Where to Get Foreclosure Help

With all the dubious assistance programs and out-right scams preying on home owners facing foreclosure, it can be difficult to find legitimate help.

Here’s a list of programs that are either operated by the U.S. government or have its seal of approval:

Click Here to See List

Source: Controller of the Currency, 04/21/2009, via www.realtor.com

Thursday, April 23, 2009

AP IMPACT: Chinese Drywall Poses Potential Risks

PARKLAND, Fla. – At the height of the U.S. housing boom, when building materials were in short supply, American construction companies used millions of pounds of Chinese-made drywall because it was abundant and cheap.

Now that decision is haunting hundreds of homeowners and apartment dwellers who are concerned that the wallboard gives off fumes that can corrode copper pipes, blacken jewelry and silverware, and possibly sicken people.

Read Full Article

Source: Associated Press Writers Brian Skoloff And Cain Burdeau, Sunday, April 12,

Tuesday, April 7, 2009

Housing Market is Looking Up

WICHITA - New and existing Wichita home sales rebounded in February from the previous month but remain near historic lows, down 232 units from a year ago.

Yet two local brokers say preliminary March figures indicate a sales rebound.

Read full article

Source: Wichita Eagle, by Bill Wilson, Thursday, April 2

Friday, April 3, 2009

6 Reasons Why It's Still a Good Time to Buy

The housing market is looking healthier.

Here are six reasons why now is the time to jump into the market.

1. Uncle Sam is willing to help

2. People have to live somewhere

3. Borrowers leverage their investment

4. When prices come back up, you'll have instant equity

5. Mortgage costs stay the same

6. You own it

Read the full article here

Source: The Wall Street Journal, June Fletcher (03/27/2009)