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FORECLOSURE OPTIONS AND ALTERNATIVES

Feb 1, 2010
The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to Urbandale-area residents for foreclosure are many. Following is a brief explanation of these solutions, including their benefits and drawbacks: Reinstatement A reinstatement is the simplest solution for a foreclosure, however it is often the most difficult. The homeowner simply requests the total amount owed to...
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ONLY 4 MONTHS TO GO!

Aug 3, 2009
You more than likely know that the federal housing stimulus plan allows for an $8,000 tax refund for first time home buyers. You may not know that this incentive is only good for homes closed by the end of November 2009. You also may not know that it is taking between 45 and 60 days to close most residential real estate transactions, leaving around 2 months for Buyers to capitalize on this terrific opportunity. Home sellers can also take advantage of this credit by ensuring that their homes are on...
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5 HOT MARKETS TO MAKE MONEY IN

Jun 12, 2009
Did you know that the Greater Des Moines and Central Iowa real estate markets are ranked as some of the best markets in the U.S. to own a home? Watch this NBC report on the nations TOP 5 REAL ESTATE MARKETS to make money in. Here are some FACTS about the Des Moines real estate market Since 2000 the average sale price in Des Moines has increased more than 20%In 2008 the average list price was $169,000694 Homes were sold in May of 2009In 2008 homes selling between...
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HOME PRICES BEGIN TO NEAR FAIR VALUE

Apr 21, 2009
As goes housing, so goes the rest of the economy. So where do things stand? After two years of precipitous declines that have taken prices down almost 30% from the peak, house prices are finally approaching fair value (which is perhaps 10% below today's level). That doesn't mean that house prices will only fall another 10%, however. On the contrary, given the tendency for prices to overshoot, it would be startling if house prices stopped at fair value. More likely, they'll drop at least 10% below fair value before they...
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THE FULL STORY ON THE TAX CREDIT

Apr 9, 2009
Federal tax credits enacted by Congress in early 2009 will be important for many first-time homebuyers. The credit was designed to stimulate buying activity and help get the housing market moving again.and early indications show it is doing exactly that. In February alone, a record 844,000 prospective homebuyers visited a site set up by the National Association of Home Builders (FederalHousingTaxCredit.com) to learn about the new $8,000 tax credit. Here are some of the details about the new tax credit: A "first-time...
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