Every once in a while we post friendly tips that have nothing to do with FSBO real estate, or buying property. This week we found an interesting article about how to lower summer utility bills so we thought we'd pass it on http://bit.ly/byG0bE
Another glossary of terms, some familiar and others that may be unfamiliar. This one published by HUD contains all of the terminology and acronyms associated with buying and selling real estate, including financial terms. http://www.hud.gov/offices/hsg/sfh/buying/glossary.cfm
Glossary of Real Estate Terms from the Federal Trade Commission Related to Buying and Selling Homes 138
The whole process of buying and selling real estate can't seem complex. Lots of forms and the terminology that is used is not always obvious. Here is a link to a glossary of commonly used terms from the FTC http://www.ftc.gov/bc/realestate/resources/realestateglossary.pdf
Can we expect home value to surge like they did from 2002-2006, probably not, or at least not at a comparable pace. But this article does provide a backdrop for expectations based on historical trends. Basically it's not all doom and gloom relating to the long-term investment of real estate. Just an interesting read for keeping perspective http://realestate.msn.com/article.aspx?cp-documentid=23764511
The Home Buyer Tax Credit may have expired, but if you have a binding contract in place now it's not too late http://www.federalhousingtaxcredit.com/.
For more information about the tax credit if you did use it you can read more here: http://www.federalhousingtaxcredit.com/faq1.php
This was a great opportunity, but if you missed it at least you can still capitalize on the interest rates that have been falling in recent weeks and are now near 5% http://bit.ly/current_interest_rates so it's not all bad news if you missed the tax credit.
So, who was to blame for the housing bubble? Easy money, supply and demand, lax oversight ? This article discusses some of the issues that have impacted all of us in the past few years relating to overall real estate prices. A fairly well-written article: http://yhoo.it/dhDWSy
There has been plenty written both for and against the use of real estate agents, and in this blog we'll do our best to be even handed despite operating a site that certainly promotes for sale by owner as the emerging way to sell real estate. But today we dust off a rather old article to re-examine the process as a whole. Is it flawed? Should it change? And just why is it that the Internet has not yet fully obsoleted the traditional model? This insightful article http://bit.ly/d4zCwN_FSBO_ideas by Douglas Gantenbein is a well-researched piece that asks the question: are real estate agents, and the entire MLS structure really necessary? Some good questions from an old article that are still valid today.