Archive for December 27th, 2007

If you are behind on your mortgage payments, read this!

December 27, 2007

Sad but true, we are in the midst of record foreclosure rates. And also sad but true, there are charlatans who would gladly take advantage of this family tragedy for personal gain. And that brings me to TheStreet.com’s warning about mortgage rescue scams: Foreclosure-rescue scams usually revolve around heavily promoted deals supposedly designed to save [...]

Posted in Distressed Property, General Real Estate, Mortgage and Financing Comments Off

Obligatory Housing Costs Post

December 27, 2007

Yikes!  Yesterday’s Case-Shiller index posted a record drop in house prices.  It was the 10th straight month of falling prices.  The experts do not expect improvement soon because “Prices will probably remain under pressure as the jump in foreclosures puts even more homes on the market just as stricter lending rules make it harder for [...]

Posted in General Real Estate, Las Vegas Real Estate, Nevada Comments Off