By: Albert Bozzo, Senior Features Editor | 12 Feb 2009 | 11:37 AM ET
As the Obama administration prepares to commit up to $50 billion in help homeowners avoid foreclosure, there are significant concerns about the strategy to contain a wildfire problem that is delaying the recovery in...
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Fixing Foreclosures: Lots Of Plans, Murky Strategy
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Exclusions From Income for Cancellation of Debt
People who have lost their homes through foreclosure or who have restructured their mortgage loans may qualify for tax relief under a new tax law, the Mortgage Forgiveness Debt Relief Act of 2007. The tax relief was extended to cover the years 2007 through 2012 under the Emergency Economic Stimulus... -
Foreclosures' influence on appraisals
By Steve McLinden - Bankrate.com
Question: Dear Steve,
I want to get my home appraised but there have been only foreclosures and short sales lately in my neighborhood. I can't see how an appraiser can produce enough "comps" to accurately determine my home's true market... -
US housing picked to hit record low
American builders probably broke ground in December on the fewest houses on record as sales and credit dried up, economists said before reports out this week.
Housing starts fell 2.7 per cent last month to an annual rate of 605,000, the lowest level since the Commerce Department started... -
Real Estate The Biggest crash still to come , Total Collapse
Hello all,
Another warning about Real Estate collapse - this was on YouTube at December 15, 2008.
From: http://www.youtube.com/watch?v=9ZtNzcWTck8
Cheers
Marc