Ira Freireich's (bestbroker) Blog

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Real Estate Agent - Best Buyer's Broker Realty
RECENT BLOG POSTS
Owning your own home is part of the American dream. But according to a recent Wall Street Journal article, owning a home is not always the best idea. Some Americans who cashed in on the $8,000 first-time home buyers credit before it expired in April 2010 got a bad deal. The credit pushed up sale...
07/15/2011
An $8 billion program launched by the Federal Housing Administration in September to help underwater borrowers refinance into a new mortgage has quietly sputtered out of the gate. The FHA Short Refi program was initially expected to reach between 500,000 and 1.5 million borrowers, according to a...
07/13/2011
Should you keep paying your mortgage on a home that's dwindling in value? No way, say an increasing number of underwater homeowners who are voluntarily choosing to "walk away" from their home loans, a practice known as "strategic default." Jon Maddux, CEO of YouWalkAway.com, reports 10% more cli...
07/07/2011
A home warranty is not much different from a warranty you might have on your car, your computer or your home entertainment center. A warranty on your home usually covers all of your home’s major mechanical systems, including hot tubs, pools, wells, septic tanks and all of your appliances. Some p...
06/29/2011
Inspections of foreclosed homes present a particular challenge. Often, there is no source of water, no source of electricity, and no source of heat or air-conditioning. These conditions inhibit a full and comprehensive inspection of the home. Of course, the primary aspect of the home inspection ...
06/24/2011
Home prices are already one third off their highs, but this summer could bring the real discounts. Buyers are still cautious, and anxious sellers will have to price aggressively to get them off the fence. Several factors appear to be leading to blow-out prices: Accelerating price drops: Home pri...
06/22/2011
Home values are way down since the housing market hit its peak in 2006. The S&P/Case-Shiller Price Index, which is a measure of the home values in 20 metropolitan statistical areas is down by nearly a third since the market peaked. Although home prices were briefly buoyed by the 2009 and 2010 ho...
06/17/2011
Getting your house ready for sale entails so much more than just sticking a for sale sign in your front yard. Here are some tips to improve your odds of an efficient, top-dollar sale. 1. Acquire a good home inspector. A good home inspection will find challenges before they turn out to be deal ki...
06/14/2011
Investing in real estate can be a risky business, but one thing that will help you minimize your risk is making sure you have the right insurance. Here are some different types of insurance you should consider if investing in any type of real estate: Title Insurance Title insurance wіll hеƖр cov...
06/10/2011
Owning versus renting is both a financial decision and an individual one. Arguably, renting provides more flexibility and freedom, the freedom to move when one wishes (depending upon lease terms of course) and where one wishes. As a renter, one has little or no real responsibility for repairs, m...
06/06/2011
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Ira Freireich

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