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| | | Date | Title |
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| Aug 09, 2010 | Government JFCOM, laying off workers who need to sell or trade their homes | | Jul 11, 2010 | Middle class families once had hope | | Jun 28, 2010 | Don't be fooled, Don't Short Sale... Trade your home instead! | | Jun 11, 2010 | Things to consider if foreclosure is in your future | | May 20, 2010 | Greek and Euro Falling, Housing will continue, Can I trade my Home? | | Apr 13, 2010 | Rates increase while waiting to trade your home | | Apr 03, 2010 | How to Trade Your House | | Mar 17, 2010 | Looking for a realtor to trade my home? Try Swapping your home now! | | Feb 27, 2010 | Trading your home - a change away from using the secret MLS | | Jan 16, 2010 | While You are looking to trading your home | | Dec 01, 2009 | If you Can't sell? Try swapping your home checkout an Online house trading | | Nov 02, 2009 | Lose your Home or Stay Unemployed - Have you consider Trading Your Home? |
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| | | What is with Trading Your Home?
Oct 04, 2009 | | | | Ok let's face it. Our Economy is not the same anymore, some believe that you can throw a lot of money at it and it should work just like it used to. There are so many factors to consider that chances are, what and how things operated in the past, is not going to be the same. For example, homeowners can't get loans like they use to (for the exception of the firt time home buyer). Unfortunately, a lot of first time home buyers are unsure about their jobs and incomes, they are also most likely the first to be removed from the workforce aside the middle aged worker; therefore, without enough confidence in the market, they are not runing to catch the first time home buyer incentives - chances are (rumor has it) that this will be extended beyond Nov of this year - why, because it has not worked enough to jump start the economy - of course not, not until you stabalize the workforce and decrease the unempoyment, but in the meantime the first time buyer incentives will be there (whether used or not). Unfortunately, the bulk of our home sale problems are in the prime and average sized homes across america (not the starter homes). The current frustrated homeowners that continue to pay increasing bills, work long hours, are stressed out, and are concern about their jobs, children and retirement - these are the ones that are hopeless that have not received government assistance but will pay for the fat cat's mistakes, yet are disfranshized by the current administration committment to the common homeowner will continue to to be the key to the rise and fall of our economy. They are the ones who may have a prestine credit history, payment history. Yet folks like you, who may still own home, will now be required to have sufficient equity to purchase a new home and 3 to 6 months of additional equity available to pay the mortgage on the previous home you vacated (that is, if you even have a small equity left in your previous home.... by the way, lenders are reluctant to do this unless of course you have the funds and you are upgrading your primary home - value of the new home is greater than the previous home). Because of these risk averse procedures and the need for homeowners to move out of one home to another for various reasons, homeowners are finding creative ways around this issue. Trading your home is one such solution. Trading a home and agreeing on the difference between the homes and settling this difference utilizing non-traditional funding sources is a new trend and will very well be a future trend, most thankfully to the technology resources available. So what are you waiting for, look around be flexible in your likes and dislikes, and negotiate your home with another, and use systems like Prosper.com to fund the difference in your home value. | | | Views: 5 Rating: 0 (based on 0 votes) | |
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Aug 2009, Real Estate Picture still cloudy and gloomy.... median selling price ... down 3.4 percent from more
Jul 2010, failure of Obama mortgage modification program means short sales will continue to drop which will negatively impact appraisals...more
Jun 23, 2010, Plans penalties for homeowners
who walk away from mortgages ... more
Jun 2010, Times are changing, and our lifestyles are too, to include foreclosure. Take a look at the latest change...more
May 2010,Borrowers flunking out of trial mortgage modifications, NEW YORK (CNNMoney.com) -- The number of troubled homeowners falling out of...more
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