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  1. Debt Reduction & Money Management
    A few months ago my mom was shopping for a home back in our hometown in Illinois. She came across a bank owned property listed at 60,000. It's a 5 bedroom fixer upper on a .85 acre lot. The defaulted loan amount is more than 60K, but she offered 30K when the bank accepted an offer for 32. I'm...
  2. General Chat
    My dh and I noticed that our neighbors. Which are the age of our parents changed the deed on there property. We where wondering why. I believe it is to keep the money from going to a nursing home if they need to go into one. This is how they have the deed Neighbors Name TRUSTEES REVOCABLE...
  3. Debt Reduction & Money Management
    One area where I have disagreed with Dave in the past is in the area of investing in Real Estate. Dave, of course, is a 100% cash guy. I, on the other hand, have considered it an acceptable risk to save up 20-25% to buy an investment property, financing the remaining 75-80%. My reasoning...
  4. Secondhand Shopping
    OMG OMG. there is a diamond estate pendant on ebay that someone should get . if i had 350 bucks i would get it. it's top notch Bondanza piece originally sold for about 2000 at helzberg. one of you nice ladies should get this for christmas! ebay 360188808312
  5. General Chat
    My sister took my Mom today to visit a retirement center. She wanted to know more about them and what they were like. The retirement place was highly recommended. The apartments were very nice, had buttons to use if you needed help, there is a nurse on duty, and everything is paid except...
  6. Frugal Living
    We are considering buying our first home and have been working with a realtor. I recently found a house that is an estate sale, For Sale by Owner (or probably family member in this case). I was wondering what we do in this scenario? Do we just ask the realtor we've been working with to help...
  7. Frugal Canadians
    Hi there, I am interested in buying a real estate in US as an ivestment and I heard something about HUD or foreclosure homes for sale. We watched a program on TV and apparently you can buy a place under $10,000. Is it for real? Does someone knows or have any infromation how it works...
  8. Debt Reduction & Money Management
    I have some amount of earnings apart from the ones that I save for my necessities. I want the earnings invested in some real estate or may be in stocks. I do have some knowledge on stocks but, earlier my cousin had invested in the stocks and had a set-back. I know that you need to be updated in...
  9. News you can use
    Adjusting to a softer real estate market A big reason that Fiona Saulness has saved as much as she has for retirement is real estate.
  10. General Chat
    I just spoke with the broker (he called me), he wanted to let me know that there was a glitch in the MLS program and some houses got bumped out of the system (he claims it was a courtesty call to let me know in case I saw that our house was gone...I think one of you guys called him!) :) He's...
  11. News you can use
    Real estate fund investors build house of rising returns Real estate mutual funds are faring surprisingly well in the worst real estate market in decades. One reason: Real estate funds ...
  12. News you can use
    Real estate, mortgages: Could this stock be any more risky? Q: Shares of Annaly Capital Management (NLY) are beginning to fall this year. Should I sell or hang on?
  13. News you can use
    10 fast-growing real estate markets
  14. News you can use
    Real Estate Guide 2008 Bankrate's annual examination of home sales in the U.S. market includes more than two dozen stories, interactives, maps and calculators to help readers survive in this turbulent market.
  15. General Chat
    I was watching this show tonight, and thought I would share it with you all... with the market being the way it is right now, things are tight. Doesn't matter if you are buying or selling... you know what to avoid (or avoid doing) 25 Biggest Real Estate Mistakes
  16. News you can use
    Real estate for couples Interspousal and quitclaim deeds don't protect one spouse from mortgage payment responsibility, says the Real Estate Adviser.
  17. News you can use
    Time to buy real estate? The real estate market has taken a tumble. Does that mean it's time to jump in?
  18. News you can use
    Sell or rent in a slow real estate market? When the military commands a housing move, consider the length of time away before deciding to sell or rent, says the Real Estate Adviser.
  19. News you can use
    Real estate appraiser sues WaMu A former real estate appraiser for Washington Mutual is suing the bank, claiming she was blacklisted last year for providing a housing market forecast that was too gloomy.
  20. General Chat
    My former mother in law passed away recently. My teenage children are her beneficiaries and I am the executrix of her will. Most assets (house, etc) are already in a trust, so I just need to worry about the household stuff and car. She has a 4 bedroom house filled with a lifetime of...
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