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The Mortgage ProfessorIn a recent column, I pointed out that mortgage lenders today can make a loan with only 3 percent down to a borrower with a steady job but a credit score of only 570, and have it insured by the Federal Housing Administration. But lenders can't or won't...
Miami HeraldThe Open House on a leafy street near South Miami featured a snack wagon with cupcakes and chilled beverages, but the real draw was the newly listed house for sale for $435,000. Over a two-hour stretch on a Sunday afternoon, 44 groups of couples and...
A homebuyer may have to put several houses under contract before actually closing on one. Welcome to the new housing market, where contract price and appraised value do not always match. Low appraised values are causing many deals to falter, according...
The Miami HeraldThe open house on a leafy street near South Miami featured a snack wagon with cupcakes and chilled beverages, but the real draw was the newly listed house for sale for $435,000. Over a two-hour stretch on a Sunday afternoon, 44 groups of couples and...
There were 11,256 bottles of wine in the cellar of Antoine's Restaurant on the morning of Aug. 29 when Hurricane Katrina struck, some of them rare, most of them expensive and all of them ruined when the power failed, the air conditioning died and the...
Tags: Northbrook, Hurricanes, Property, Sales, Rentals
A stalled residential marina development in Blue Island has been purchased by a south suburban company that built its name rehabbing foreclosed homes. Tinley Park-based Mack Cos. acquired 27 acres at Fay's Point, on a peninsula between the Cal-Sag...
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Receiving five offers in 48 hours for my parents' former home bowled me over, especially considering the real estate market we all just barely lived through. And these weren't just offers; they were great offers for the four-bedroom ranch house I grew...
Tags: Real Estate Sellers, Homes
Q: I own a condominium in an eight-unit building. I am preparing my unit for sale and my Realtor says that our association should get the building FHA approved so that prospective buyers who plan to use FHA-backed mortgages can be viable prospects. Can...
Most experts agree that the housing market is strengthening and could be the bright spot for the U.S. economy in 2013. Signs of the housing recovery are clear: home values and inventory levels have stabilized; interest rates on mortgages remain near all-...
Kiplinger's Money PowerBorrowing from your retirement plan to fund a down payment isn't a terrible strategy, especially if you want to lock in today's super-low mortgage rates. When you borrow from your 401(k) plan, you pay interest to yourself. The rate is typically one or two...
firstname.lastname@example.orgNew homeowner Steven Mazur and his new neighbors, Jesse McAllister and fiancÚ Heather Kurtz, are full of hope about their lives in the housing development on Hagerstown’s western edge. So, too, presumably, was the woman who in summer 2006 bought...
Jun 6, 2013 |Story| McClatchy-Tribune
May 20, 2013 |Story| McClatchy-Tribune
May 24, 2013 |Story| Allentown Morning Call
May 23, 2013 |Story| McClatchy-Tribune
May 8, 2013 |Story| Chicago Tribune
May 17, 2013 |Column| Chicago Tribune
May 17, 2013 |Story| Los Angeles Times
May 17, 2013 |Column| Orlando Sentinel
May 10, 2013 |Column| Chicago Tribune
May 9, 2013 |Story| Hartford Courant
May 7, 2013 |Story| Tribune Media Services
Mar 24, 2013 |Story| Herald Mail
Original site for Federal Housing Administration topic gallery.