Fed expected to allay fears over mortgage meltdown

Interest rate change isn't predicted

WASHINGTON Federal Reserve Chairman Ben Bernanke and his colleagues are expected to strike a reassuring tone about the country's economic health today despite persistent worries that problems with risky mortgages could spread.

More: continued here

Real Estate Auctions: Be Ready Before the Bidding Begins

Buying a property at a public foreclosure auction is not for the faint at heart. It usually requires patience, persistence and a fair amount of cash, since most state foreclosure laws stipulate that the winning bidder pay all or part of the winning b

More: continued here

I’m back…

Well, it's already January 18th and this is just my first blog post of the year. What the heck happened to this month already? It has been an extremely busy one for me so far. I have been working hard marketing my listings and have been working with four different buyers trying to find them them the perfect home. I've got a lot of catching up to do in the blogosphere and plenty of posts to write about on this blog and at the Seattle PI and to read on the other real estate blogs I frequent. Have a fantastic year!

More: continued here

Waterfront Encroachments and Easements

Various types of encroachments and easements are more prevalent along the waterfront than on inland properties because of people's desire to get to the water, and also because of the underlying value of the properties themselves. Here are things to be knowledgeable about when living near the water or considering purchase of a property in a waterfront community, and it will help you eliminate any surprises later.

More: continued here

“How To Be more Successful than Reality”

I recently was on my daily walk and went past a new Super Market that just opened. I am actually pretty excited as it is literally a block and a half away. The Albertsons closed down about a year ago and we have had to drive about 3 miles to the closest market.Anyway, I was walking across the driveway and the cars were lined up to get in. I looked in the parking lot and it was completely filled.

More: continued here

Subprime risk: Most vulnerable markets

If the doomsayers are correct, as many as 2.2 million subprime borrowers are at risk of defaulting on their loans and losing their homes.

More: continued here

Owning rental takes patience, diligence

Owning rental property seems like an easy way to generate extra income. But it's actually not all that easy.
Comment

More: continued here

Subprime meltdown

Today's pop quiz involves some potentially exciting new products that mortgage bankers have come up with to make homeownership a reality...

More: continued here

Toxic Loans: The Need For Disclosure

The whole theory of wealth accumulation as it has been practiced for the past few years relies on two constants: Home values must rise and monthly payments must remain affordable. Unfortunately, neither constant is assured.

More: continued here

Sammamish Market Appreciation

By request from my friend Stacey, I put together some appreciation statistics for the Sammamish area. Legend of terms can be found at the bottom of the full post. I approached the task from 3 different perspectives. The first one is of a specific configuration of house, the second is area specific, and [...]

More: continued here