Mortgage, Real Estate, US Real Estate

Short Sale Fraud Spiraling Out Of Control, Say Investigators

By Mike Wheatley | July 18, 2011
Investigators say that short sale fraud is running rampant in the US right now, plaguing markets and seriously impacting on mortgage lenders, who are missing out on thousands of dollars due to the problem.   One of the most common real estate scams in short sales is for investors to make a lowball offer on […]
Real Estate, Residential, US Real Estate

US Home Prices Predicted To Climb

By Allison Halliday | July 4, 2011
According to the Housing and Urban Development Secretary, Shaun Donovan, home prices in the US could begin to rise as soon as the third quarter. Donovan was speaking on CNN’s ‘State of the Union’ program at the weekend, and said “It’s very unlikely that we will see a significant further decline. The real question is […]
Mortgage, Real Estate, US Real Estate

Refinancing Homeowners Choosing to Build Equity

By Allison Halliday | June 17, 2011
While millions of US homeowners are refinancing in an effort to cut costs, there are a growing number who are building equity by raising their repayments. It makes perfect sense if you can afford it, as some people are shaving several percent off their newly negotiated equity release interest rates, making it possible to pay […]
Real Estate, Residential, US Real Estate

Less Borrowers Underwater, But It’s Not A Good Sign

By Mike Wheatley | June 8, 2011
The percentage of underwater homeowners, those who owe more than their home is worth, has dropped off slightly in the first quarter of this year, but only because so many homes have gone into foreclosure or been sold off as short sales. Despite the drop off, just over a quarter of US homeowners with mortgages […]
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