Archives for February 2014

The Rise Of The Energy-Efficient Mortgage



More home buyers and current home owners are weighing the merits of a “green” mortgage, according to U.S. News & World Report. Energy-efficient mortgages allow home owners to finance “green” home improvements, such as solar panels, geothermal heating, and newer, more energy-efficient heaters.

Must Have Features that Helps Sell a Home More Quickly



An article in RISMedia points out that even though many experts are predicting 2014 will be a seller’s market, there is no room for complacency. If you intend to list your home this spring you might be tempted to think there’s no need to do very much to get it ready for sale. Even though […]

When Energy-Efficient Buildings Go Wrong…



When the Alberta Court of Appeal reopened after a renovation in 2001 to make the building more energy-efficient, it didn’t take long before occupants started noticing problems.

Boost Engagement by Creating Custom Facebook Friends Lists



Many people I talk to in the real estate industry feel far too much time is wasted on social networks, especially Facebook. I agree. That’s why agents need to be smart about how they use Facebook. With a couple tweaks, Facebook can be a relationship machine.

Cost Of Home Ownership Spikes Dramatically



A new analysis by RealtyTrac finds that the estimated monthly house payment for a median-priced three-bedroom home purchased at the end of 2013 was 21 percent higher than it was at the end of 2012 in more than 300 U.S. counties.

Boomerang Buyers Movin’ Back In



Now that the worst of the foreclosure crisis is in the rearview mirror, former home owners who lost their homes to a short sale or foreclosure are re-entering the housing market.

Lenders Return To The Subprime Market



Lenders are returning to the subprime market – although still at only a fraction of what subprime lending was before the mortgage crisis, BusinessWeek reports.

Home Resales Slump Due to Bad Weather and Lack of Inventory



A report in aol.com written by Reuters, shows the number of existing homes resold dropped to an 18 month low last month. This is thought to be due to the combined effects of the poor weather and a lack of inventory for potential buyers to choose from. According to the National Association of Realtors, the […]

Rehabbing Roofs Can Be A Profitable Business



Rehabbing can be a very profitable business or it can cost you your shirt. The two most expensive repairs can be a new roof and repairing the foundation, although rewiring an old fuse box can be spendy as well. Here we examine the costs and variables that go into replacing a roof and when it […]

New York Facing ‘Zombie Property’ Epidemic



Properties that sit deteriorating in foreclosure limbo are plaguing New York’s neighborhoods. New York Attorney General Eric Schneiderman says he plans to introduce legislation to get banks and mortgagees to better maintain the vacant properties.

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