Claudette Millette has written a great post that offers up some of the reasons that home ownership should still be a goal of most people. When did we all decide that houses should be piggy banks and ATMs? I am struck by a line I heard recently "did our parents think "investment" issues when they
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09/28/2010
Wow! Amazing price for this charming and historic home offered for just $179,900. Come visit on Sunday, September 26 from 1:00 - 4:00. The home has been perfectly updated for today's lifestyle. Recent updates include windows, siding, roof, hot water heater and furnace. The home has two porches an
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09/26/2010
Ok, I'm not calling anyone specific stupid, but the real estate data providers are changing the real estate business and it's time to pay attention. The myriad of competing data.com providers who wish to lead in the hearts and minds of the real estate consumer is dizzying. And the fact is that th
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09/24/2010
Is this the beginning of the end for Zillow.com and Trulia.com? How much more, and to whom, will real estate brokers and agents have to pay to have their listings available to the public? It's not entirely clear, since Move, Inc., the operator of Realtor.com, just announced that it is purchasing
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09/22/2010
I was feeling crummy yesterday, so I was working from home when I got a call from my contractor. The tile I'd picked for a pre-listing project wasn't available, so I needed to pick another right away. My sick stomach got a little worse: the house is supposed to be ready to list in a week and the
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09/19/2010
This home at 1138 Arneita Street in Sycamore, IL may be the nicest foreclosure at the best price I have ever seen. Priced at only $214,900 this 3 bedroom, 2 1/2 bath home offers over 2000 sf and a first floor master bedroom with a luxury bathroom. The home has hardwood floors, is freshly painted
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09/19/2010
Many of us have heard of a reverse mortgage, but few have more information than what they have heard on late night TV infomercials. A reverse mortgage can be used at least three different ways: money for living expense, a line of credit, or to purchase a home. Finally, a reverse mortgage might be
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09/19/2010
For many people, one of the most mysterious phases of today's home buying process is the mortgage approval process. So many people have the (possibly false) assumption that a quick online approval is all they need to get the house of their dreams. An ethical and reliable mortgage broker or loan o
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09/16/2010
We are beginning to see that homes are being foreclosed on even though there is a contract for a short sale on the home. Why doesn't the lender extend the sheriff sale in the hopes of closing the sale to the buyer? According to attorney Richard Zaretsky, a short sale and loan modification speci
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09/15/2010
"How's the Market?" must be the most loaded question in real estate. Alternatively I hear it as (1) a taunt from those who think Realtors are narcissistic and overpaid leeches on society or (2) an invitation to spontaneously deliver a PhD level discourse on the interaction of monetary policy with
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09/13/2010