Zillow seeking to buy Trulia | 2014-07-24 | HousingWire

Zillow seeking to buy Trulia | 2014-07-24 | HousingWire

New condos, new stars

New condos, new stars

What’s behind de Blasio’s plan to revamp Downtown Brooklyn?

What’s behind de Blasio’s plan to revamp Downtown Brooklyn?

Flip now if you plan to flip that house at all | 2014-01-30 | HousingWire

Flip now if you plan to flip that house at all | 2014-01-30 | HousingWire

Second REO-to-rental deal to raise millions, and questions | 2014-01-29 | HousingWire

Second REO-to-rental deal to raise millions, and questions | 2014-01-29 | HousingWire

For the POTUS, housing doesn't make the cut | REwired

For the POTUS, housing doesn't make the cut | REwired

Mortgage fraudsters are flooding these 10 markets | 2014-01-24 | HousingWire

Mortgage fraudsters are flooding these 10 markets | 2014-01-24 | HousingWire

Apartment rent goes through roof | 2014-01-07 | HousingWire

Apartment rent goes through roof | 2014-01-07 | HousingWire

New homeowner demolishes home of NBA legend Pat Riley

New homeowner demolishes home of NBA legend Pat Riley

Turning 20-somethings into home buyers | 2014-01-22 | HousingWire

Turning 20-somethings into home buyers | 2014-01-22 | HousingWire

All-cash deals are all the rage in Brooklyn real estate | Brooklyn Daily Eagle

All-cash deals are all the rage in Brooklyn real estate | Brooklyn Daily Eagle

Hardest-hit Atlanta market is finally on the rebound | HousingWire

Hardest-hit Atlanta market is finally on the rebound | HousingWire

3 Reasons to buy a Foreclosure Now!!!

After a 5 year period of an unsettling real estate market, it seems that price of real estate is going up and buyers are finally jumping into the market. Even though mortgages are still tough to get, more contracts are being written like never before.

Here are 3 reasons to stop procrastinating and look for a good deal on a foreclosure now before it gets too late:

Streamlined Modification Initiative begins | HousingWire

Streamlined Modification Initiative begins | HousingWire

As foreclosure settlement checks go out, some 'laugh out loud' | Marketplace.org

As foreclosure settlement checks go out, some 'laugh out loud' | Marketplace.org

RMBS servicers shift focus to short sales | HousingWire

RMBS servicers shift focus to short sales | HousingWire

Mortgage servicers offshore more business | HousingWire

Mortgage servicers offshore more business | HousingWire

Ex-NBA player trashes foreclosed home with bullets and feces

Ex-NBA player's squalid foreclosed home is downright Dickensian

Pop the Bubble of a Commercial Loan Balloon

Millions of commercial mortgages are either still underwater or have large balloon payments due. Commercial mortgages originated prior to 2008 were structured with a balloon payment which was a popular option during that time.

For those not familiar with the term, a balloon payment is a large payment due at the end of a mortgage or loan. Since the payments are not spread out over the full term of a normal 30 year mortgage,

Q & A: Loan Mod or Short Sale!?!

Question: I cannot afford my loan modification payments anymore, should I pursue a short sale?

Answer: If you find yourself still in a financial bind even after doing a loan modification, it may make sense to do a short sale if your mortgage is underwater. In many cases you may qualify for up to $10,000 in relocation fees from your lender.