Victor's Blog

I have been on the lookout for some new real estate investments during the last few months.  Most of the time, I have been met with unrealistic prices and expectations from the sellers.  They still dream of the good ol days of 2005, where they could pick a number out of the sky and watch multiple...

 For the past couple of Spring seasons, the real estate market has been in a slow, steady decline.  Prices stopped rising at the breakneck pace that we have become accustomed to during 2001 - 2005.  Based on that frame of reference, any reversal in appreciation started to look like the deal.But s...

 Congress has just passed their economic stimulus plan that is supposed to put money in everyone's pocket so they can go out and boost the economy.  This is the highlight of the plan, but it also covers another important provision that will be good news for homeowners and potential homebuyers.  T...

I have developed a website for my real estate business and have seen some benefit from its use. I recently started implementing internet widgets to deliver real estate information quickly to users. Widgets can be embedded in blogs and webpages and usually offer some kind of useful function. What ...

 I recently saw an interesting article that touched on the possibility that we may need ANOTHER 25% drop in home prices before the real estate market gets back to normal.  It cited that every market (real estate, stock, etc) has corrections that usually put it back on its normal pace of appreciat...

 With the slowing economy, talks of recession, the tick up in unemployment, and the volatile stock market, the 30 year fixed rate mortgage has slowly continued to drop.  A couple of weeks ago, the Feds finally took steps to combat the signs of recession by cutting the Fed rate by a combined 125 b...

In order to sell a home in this market you must have a property that is in good condition and well priced.  But one area that is often overlooked is presentation.Professional home stagers have been receiving more business and have helped increase the likeliness of a home selling.  Prospective buy...

Another new year has come and we are all looking forward to what it may have in store for us.  This is true if you believe in New Year's resolutions or not.  This may be especially true for all of the potential homebuyers out there.  As most waited out the market shifts of 2007, 2008 may be the m...

Since we are in the middle of rising mortgage rates and potential foreclosures, I want to suggest a few ways for folks having cash problems to avoid potential disaster.  The number one rule is not to close your eyes and ignore the problem that you are having.  It is best to read the signs and add...

Reverse mortgages are starting to grow in popularity.  In general the borrower must be over 62 years of age.  This type of mortgage allows the borrower to receive monthly cash payments by tapping into their home's equity every month.   The mortgage interest that the borrower will usually pay is a...