What do you do if you have the money to pay your mortgage, but your property is so severely underwater that you don’t believe it will get right side up for 20 years or more? Strategic default is one of those topics that always seems to raise hackles in real estate conversation. While strategic defaults [...]

Hopefully you filed your taxes on Monday, or at least filed an extension, but just because you’re done filing doesn’t mean you can forget about your taxes. There’s always the paperwork left behind. It’s probably taking up space in that old file cabinet of yours. If you’re doing some spring cleaning you might be wondering if [...]

Homeowners who owe more than their home is worth may be receiving some help from the Federal Housing Finance Agency (FHFA). A recent speech by Edward DeMarco, acting director of the FHFA, alluded to the possibility of implementing write-downs for underwater homeowners. The idea stems from the findings of an FHFA study which showed that Fannie Mae [...]

Last April, Mashable.com posted this infographic on socail media usage in the real estate industry. It was created by  Postling after they analyzed over 500 of their company’s accounts that focused specifically on real estate. According to the mashable.com post , Postling also looked at more than 7,000 small business accounts to extract information on how the real estate [...]

Is the housing news we’re getting good? That’s the question the New York Times asked in an editorial this week. And if you look at some of the press releases that have been issued recently, you might think that the housing market has indeed turned the corner. The National Association of Realtors announced that pending home sales (homes [...]

The federal government and 49 states have reached a landmark  $25 billion foreclosure  settlement with the nation’s five largest mortgage lenders, the Department of Justice announced Thursday (February 9th). The joint agreement is the largest federal-state civil settlement ever obtained. U.S. Attorney General Eric Holder, Department of Housing (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Mill and Colorado Attorney [...]

Just one week after President Obama promised “no more red tape” for homeowners looking to refinance, there’s news that mortgage insurance giant Freddie Mac could benefit if banks stonewall their customers. According to an investigation by NPR and ProPublica , the government-sponsored enterprise has spent billions betting homeowners won’t be able to refinance their high-rate mortgages — and [...]

If you’re spending a lot of time on social networks hoping to help your business, you’re probably interested to know if all that work and time is actually helping. Tweeting, posting and Like-ing are all fine, but if it’s not adding to your bottom line you might as well cut it out, right? It can be difficult to [...]