Housing Lot Online » real estate foreclosures http://housinglotonline.com Foreclosure Process, Short Sales and Mortgage News Resource Mon, 17 May 2010 02:54:32 +0000 en hourly 1 http://wordpress.org/?v=abc Buying a 2nd Home? http://housinglotonline.com/buying-a-2nd-home/ http://housinglotonline.com/buying-a-2nd-home/#comments Fri, 27 Feb 2009 10:23:50 +0000 housing lot help http://housinglotonline.com/?p=673 Buying a 2nd homeDuring this time, it is even harder than before to buy a new home if you already own a home and need to sell it in order to buy the new one.  Homes are more difficult to sell right now and it can feel risky trying to sell one home and get in to another since there are so many foreclosures and short sales on the market which can time-to-time take an extended length of time to complete.

Housing prices have generally decreased 20 to 30 percent, depending on where you live.  Due to the uncertainty of selling/buying the 2 homes, you may want to consider how comfortable you are with owning two homes, or you could consider getting renters to your current home.  The rental income will need to be sufficent enough to keep your debt-to-income ratios low when you add on another mortgage payment to responsibility.

Most of important of all, in this market, you do not want to buy before you sell.  Make sure to get a very strong offer on your house before putting an offer on anything else.

Recommended Reading:

]]> http://housinglotonline.com/buying-a-2nd-home/feed/ 0 Real Estate & Foreclosure Listings http://housinglotonline.com/real-estate-foreclosure-listings/ http://housinglotonline.com/real-estate-foreclosure-listings/#comments Sat, 04 Aug 2007 04:46:52 +0000 housing lot help http://housinglotonline.com/real-estate-foreclosure-listings/ The housing market has changed drastically over the course of one year. It has been an increasingly competitive market to sell your home as many months of inventory are increasing being listed on the MLS for sale. Big home builders with deeper pockets such as KB and Beazer homes are running head to head with pre-existing homeowners to sell property. It’s now more important than ever for homeowners to maximize exposure to potential home buyers to get their home sold and utilize one of many online services such as Real Estate Photos.

Placing your home listing with an online service is a great option since 60-70% of real estate buyers find their home on the internet from personal research. Home buyers are being more decisive in their decision-making prior to buying a home and will spend many hours looking for homes prior to visiting the home in person. Maximizing your home’s exposure on the internet will increase the number of potential buyers looking for their next or first home. Both for sale by owners and real estate agents are able to include 6 detailed photos of the home plus any description (very important to include – utilize the added marketing).

realestatephotos.PNG

Unfortunately, the number of foreclosed homes are on the rise and in some areas as much as 700% over the past couple months. Many sites that are displaying foreclosures online have been popping up over the internet to cater to those interested, especially to those looking for the perfect home within their budget. Even though the market is going through some strain at this time, buying a home is still out of reach for many but real estate foreclosures could pose as a great option to achieve owning a home.

The site not only covers homes for sale and bank homes, but also a variety of helpful tips and related real estate articles from renting, mortgage deals, movers, mortgage definitions and information on buying home foreclosures to speed up the process with little issues.

]]> http://housinglotonline.com/real-estate-foreclosure-listings/feed/ 0