May agents accept an advance fee for negotiating short sales?
The broker or agent must first submit an advance fee contract to the…
Read MorePosted by ft Editorial Staff | Apr 1, 2011 | Letters to the Editor, Real Estate |
The broker or agent must first submit an advance fee contract to the…
Read MorePosted by ft Editorial Staff | Mar 31, 2011 | Real Estate |
Las Vegas property prices have fallen about 60% below their peak in 2006, leaving 70% of homeowners owing more on their mortgage than their homes are worth. The ten cities with the highest foreclosure rates in the country are...
Read MorePosted by ft Editorial Staff | Mar 31, 2011 | Real Estate |
The more accurate Good Faith Estimate (GFE) released in January 2010 under the Real Estate Settlement and Procedures Act (RESPA) is still not accurate enough, according to the Center for Responsible Lending. Under RESPA...
Read MorePosted by ft Editorial Staff | Mar 23, 2011 | Real Estate |
27,320 new and resale homes closed escrow in California during February 2011, down 2.8% from one year ago when 28,111 sales closed escrow. Statewide, sales volume has continued to show its recent downward trend in sales. Both...
Read MorePosted by ft Editorial Staff | Mar 21, 2011 | Real Estate |
A housing market devoid of any government-backed mortgage guarantee but still serving the best interest of homeowners is inconceivable, according to a letter to the editor published in the New York Times. Many prospective...
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