Monthly Archives: August 2014

August 14, 2014 – Stated income loans make comeback as mortgage lenders seek clients

By Michelle Conlin and Peter Rudegeair   (Reuters) – Mortgage applicants who can’t provide tax returns or pay stubs to show their income are getting stated income loans again as companies such as Unity West Lending and Westport Mortgage chase customers they can no longer afford to ignore. Lenders say these aren’t the same products Read More

August 13, 2014 – 4 ways to make your buyers’ purchase offer stand out from the pack

Oh, my, how the tables have turned! It seems like just yesterday we were deadlocked in a buyer’s market where a seller had to do just about everything a buyer asked to become “the one.” Reminds me of dating in college. I digress, enough about me. Everything was bad during that buyer’s market. Bad job Read More

August 12, 2014 – Did You Know These Celebrities Lived in a Mobile Home?

  What do Matthew McConaughey, Minnie Driver, and Pamela Anderson have in common? They were all residents at one time of a high-end Malibu trailer park, Paradise Cove. The mobile home community, which was developed in the 1960s as a beach rental vacation spot, is known as a trendy neighborhood and was once the subject Read More

August 11, 2014 – Real estate investment trusts: Pros and cons

  The real estate industry received a much-needed boost recently when the Securities and Exchange Board of India (Sebi) finally cleared guidelines for the real estate investment trusts (Reits). This gives the cash-strapped industry a new route to tap capital. Real estate is notorious for the number and size of the bubbles it creates. The Read More

August 10, 2014 – Lansner: Nine culprits in housing’s chill

The seasonal house-selling slowdown has once again morphed into overindulgence of real estate self-pity. I’m not sure that a one-year switch in regional buying conditions from the hyperactivity of spring 2013 to this summer’s relative calm is cause for much alarm. I assume all the real estate pros who in last year’s frenzied start said Read More