Homes Manual

Real Estate Information

Home Equity or Debt Trap?


Are you using the equity from your home to purchase everyday things? This is a dangerous trend growing more popular every month as millions of Americans tap into the value of their home to fund a lifestyle.How many times have you heard the saying "Your home is the best investment you'll ever make"? How many times have you also heard that your home will be the most valuable asset you will ever own?Both of these are as true, if not truer, today than at any time in the past.

Essential Buyer's Guide for Overseas Real Estate


It's been said many a time that overseas real estate buyers leave their brain on the plane when they step out into the sun in their overseas destination of choice. They've already fallen in love with the country, its people, climate and lifestyle and they've come to snap up that dream home.

Cutting Edge Real Estate: Is There Anything New? Part 1


The world of real estate has pretty much stayed the same for decades. It's no different today than it was 50 years ago.

Sell Your Home Without a Realtor and Save Thousand$$$


A typical real estate commission on a $234,000 home (national median price for all existing homes as of July 2005) is over $16,000. In many areas the cut a real estate broker gets is much higher.

How to Find and Buy a Bargain House with Little or No-Money Down


Real estate investors know how to make money buying distressed houses. Investors recognize that bargain houses offer the best way to make a return quickly.

Do You Know What Design/Construct (or Design/Build ) Means? I Think You Should!


These real questions on 'How To' build are answered by a US Master Builder and myself from the development viewpoint, after I received them from readers of my e-book, "Residential Development Made Easy."Question 1.

The Letting Agents Role


Letting agents play an important role in the buy-to-let industry and a good agent can help make or break your lettings experience. So what should you expect from your letting agent?Professional reputationTo attract good tenants, the agent needs to be well established in the local area and have a good reputation.

Selling Houses with Curb Appeal and Design Psychology


Curb appeal is the most important challenge you'll face when selling your home. You must make home shoppers feel like getting out of their car to see what's behind the front door.

Mortgage Broker Training: How to Secure Loyalty From Realtors


So you've just returned to your office after delivering an Oscar worthy presentation to a real estate agent. They're impressed and ready to do business with you.

Loan Officer Training: Learn How To Shape Realtors Perceptions


In medicine, a placebo is a pill that you think will make you better, and so it does. In your business, a placebo is a prospect having the experiences they expect to have, and so they have them.

Property Investing


Wrapping a property is a simple concept that can create passive income for you and will give the purchaser a chance to buy a property which would have otherwise been out of reach at that time. However, there are a few things you must know before you jump in and trip up on some of the technicalities.

The Perils of the Property Ladder: Has Anyone Noticed the Silence?


There was a time when every conversation was focussed on property and every other TV programme was about property makeovers. Everybody wanted to get into property and those already on the ladder seemed fixated on becoming wealthy overnight.

3 Tips to Help You Sell Your Timeshare - For More


The values of timeshares are constantly changing. There are numerous timeshare-selling companies arriving every day.

Seven Tips in Choosing Maui Income Properties


Aloha! If you are interested in choosing a Maui income property, then there are some details that you should know. You might be a bit intimidated by the whole process of buying a home.

Buying a Vacation Home


You'd like to buy a vacation home, but you're not sure where to begin. Perhaps the single most important point to determine up front is why you are buying a vacation home.

More Articles from Real Estate Information:
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MORE RESOURCES:

Banks sound but economy to take time: Paulson (Reuters)
Reuters - The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.
Paulson `Very Optimistic' on Freddie, Fannie Rescue (Bloomberg)
Bloomberg - July 20 (Bloomberg) -- Treasury Secretary Henry Paulson predicted the Bush administration will prevail in its effort to convince Congress to pass legislation that would allow the government to rescue Fannie Mae and Freddie Mac.
Economy needs months to recover: Paulson (Reuters)

Secretary of the Treasury Henry Paulson testifies before the U.S. Senate Banking Committee on Capitol Hill in Washington, July 15, 2008. REUTERS/Larry DowningReuters - The U.S. economy will need months to recover from a growth slowdown caused by a home mortgage crisis, turmoil in financial markets and high energy prices, Treasure Secretary Henry Paulson said on Sunday.



Paulson Says `Very Optimistic' Freddie, Fannie Plan Will Pass (Bloomberg)
Bloomberg - July 20 (Bloomberg) -- Treasury Secretary Henry Paulson predicted the Bush administration will prevail in its effort to convince Congress to pass legislation that would allow the government to rescue Fannie Mae and Freddie Mac.
Freddie Mac takes step toward issuing stock (AP)

Graphic fact file on US housing finance giants Fannie Mae and Freddie Mac, which were put under Federal Reserve oversight and given bigger credit lines. A newly revived Wall Street faces a fresh test of momentum in the coming week with a wave of corporate results that may indicate whether the latest rebound is for real.(AFP Graphic/Martin Megino/Gal/Js)AP - Mortgage financier Freddie Mac took a step toward issuing common and preferred stock to help bolster its balance sheet Friday when the Securities and Exchange Commission accepted its registration statement filed earlier in the day.



Fannie, Freddie Need Overhaul, McCain Adviser Says (Bloomberg)
Bloomberg - July 18 (Bloomberg) -- Fannie Mae and Freddie Mac need a new structure and shouldn't remain private if they receive capital from the government, said John McCain's leading economic adviser, while Obama's top economist urged quick action on a Treasury plan to shore up the companies.
Freddie Mac files with SEC, first step to capital (Reuters)

The Freddie Mac headquarters is seen on July 14 in McLean, Virginia. Troubled mortgage finance giant Freddie Mac announced plans Friday to raise 5.5 billion dollars through a new share offering as it registered with stock market regulators.(AFP/File/Paul J. Richards)Reuters - Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, and the Wall Street Journal said the mortgage finance company may seek $10 billion.



Fed's Stern supports early rate hikes: Bloomberg (Reuters)
Reuters - The Federal Reserve can not wait until financial and housing markets stabilize before raising interest rates, Minneapolis Fed President Gary Stern said in an interview with Bloomberg on Friday.
Web sites give voyeurs view of neighborhood safety (AP)

Associated Press writer Alex Veiga is photographed in Los Angeles, June 19, 2008, for his real estate column. (AP Photo/Damian Dovarganes)AP - I have no reason to feel unsafe in my neighborhood, but I appear to be surrounded by dozens of people convicted of everything from theft and sex crimes to public drunkenness and speeding.



Freddie Mac to raise 5.5 billion dlrs in share offering (AFP)

The Freddie Mac headquarters is seen on July 14 in McLean, Virginia. Troubled mortgage finance giant Freddie Mac announced plans Friday to raise 5.5 billion dollars through a new share offering as it registered with stock market regulators.(AFP/File/Paul J. Richards)AFP - Troubled mortgage finance giant Freddie Mac announced plans Friday to raise 5.5 billion dollars through a new share offering as it registered with stock market regulators.



Fannie Mae, Freddie Mac shares jump again (Reuters)

Graphic fact file on US housing finance giants Fannie Mae and Freddie Mac, which were put under Federal Reserve oversight and given bigger credit lines. A newly revived Wall Street faces a fresh test of momentum in the coming week with a wave of corporate results that may indicate whether the latest rebound is for real.(AFP Graphic/Martin Megino/Gal/Js)Reuters - Investors snapped up shares of Freddie Mac and Fannie Mae for a second day on Thursday after Freddie pulled off its second successful debt sale following Sunday's announcement of a U.S. rescue plan for the two housing finance companies.



US mortgage giant Freddie Mac weighs share offer (AFP)

The Freddie Mac headquarters is seen on July 14 in McLean, Virginia. US mortgage giant Freddie Mac may attempt to raise capital by selling up to 10 billion dollars in new shares after its stock rebounded this week, the Wall Street Journal reported Friday.(AFP/Paul J. Richards)AFP - US mortgage giant Freddie Mac may attempt to raise capital by selling up to 10 billion dollars in new shares after its stock rebounded this week, the Wall Street Journal reported Friday.



Freddie Mac mulling $10 billion share offer: report (Reuters)
Reuters - Mortgage giant Freddie Mac is considering raising capital by selling as much as $10 billion in new shares to investors, The Wall Street Journal reported, citing people familiar with the matter.
Freddie to adjust mortgage-purchase threshold (Reuters)
Reuters - Freddie Mac expects to purchase mortgages with significantly higher unpaid principal balances, the U.S. mortgage finance company said in a filing with the Securities and Exchange Commission on Friday.
Lawmakers Want Fannie-Freddie Aid Tied to Debt Limit (Bloomberg)
Bloomberg - July 18 (Bloomberg) -- Democratic lawmakers sought to put a constraint on the Treasury's request for unlimited power to buy and lend to Fannie Mae and Freddie Mac, a step that didn't temper Secretary Henry Paulson's optimism about a deal.
Fannie, Freddie Cut Lobbying Budget, Rely on Allies in Congress (Bloomberg)
Bloomberg - July 18 (Bloomberg) -- Fannie Mae and Freddie Mac, for years among the most formidable lobbying forces in corporate America, have seen their political influence decline along with their financial fortunes.
Big Merrill Loss Ends Banks' Bright Day On Glum Note (Investor's Business Daily)
Investor's Business Daily - Financial stocks pushed higher for a second straight session Thursday on better-than-expected earnings from JPMorgan Chase and positive news on Fannie Mae and Freddie Mac .
Fannie Mae's Mudd: won't tap new credit line (Reuters)
Reuters - The chief executive officer of mortgage finance giant Fannie Mae , Daniel Mudd, said on Thursday the company was unlikely to tap emergency credit measures that have been proposed for it by the U.S. Treasury Department.
Economy - Thursday (Investor's Business Daily)
Investor's Business Daily - Home loan rates fell over the last week as Treasury yields fell sharply amid financial woes and views that the Fed won't hike rates this year. The 30-year fixed-rate mortgage fell to 6.26% for the week ended July 17 from 6.37% a week earlier, Freddie Mac said. The 15-year fixed-rate fell 13 basis points to 5.78% this week. The 5-year Treasury-indexed adjustable-rate mortgage edged down to 5.8%, while the 1-year ARM fell 7 ticks to 5.10%. Treasury yields have picked up in the last few days.
Govt OK sought for top pay at mortgage giants (AP)

This May 2, 2007 file photo shows the Fannie Mae building in Washington. For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and then protect, their financial empires by invoking the political sacred cow of homeownership and fielding an army of lobbyists, power brokers and political contributors. Now, new attention is being focused on the bruised mortgage companies as the Bush administration presses its rescue plan to Congress. (AP Photo/Manuel Balce Ceneta, File)AP - Congress wants to require executives at Fannie Mae and Freddie Mac to have their pay packages approved by the government as part of a bill to throw a federal lifeline to the mortgage giants.


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