Canada residents are packing up their bags and heading to states like Arizona to get a glimpse of the foreclosure properties being sold at a fraction of their market prices. Also, nationwide, home prices have declined considerably, by as much as 30 percent in some cities. Such decline is generating even more buyer interest.

Exemption on home when spouse dies
A reader writes: “I have been told that one way to retain the $500,000 joint (spouse) capital-gains tax exemption on the profit from the sale of your primary…”

Is The City Prepared To Run Public Housing?
Last year, the San Diego housing officials got a surprise, and it was not about managing San Diego foreclosure homes; it was about managing the few hundred rental units in the city. Yes! San Diego has the freedom to withdraw from the public housing program run by the federal government. The truth is that San Diego City has a much bigger problem on its hands, bigger than auctioning San Diego cheap homes. It is suddenly face-to-face with the financial burden of managing these rentals.

Slow Rate of Foreclosure in Dallas and Other Parts of North Texas Is Good News?
In the rising tide of foreclosure, the good news of homeowners in Dallas and other parts of North Texas is that there is a slowdown in the number of Dallas foreclosure homes. However, at the same time, analysts who have been tracking various home loan/mortgage defaults believe that people should not go by these temporary figures as the situation can change for the worse in the coming months. This is just an assumption!

Getting Ready to Buy REOs
Each time you look at the real estate section of your newspaper, you will notice the huge listings of real estate owned properties or REOs. These properties are actually foreclosure homes that have been returned to the mortgage holder because they were not sold at the foreclosure auctions.

Election Officials Worried About Foreclosures and Voting Rolls
In Columbus, Ohio, election officials are becoming worried about the possible problems that might arise when voting day comes. Registered voters who have lost their homes to foreclosure might endure some inconveniences since their addresses are now different. In addition, their provisional ballots might not be counted if they fail to make the necessary changes.

Foreclosure Sellers: Attract Buyers by Preparing Home
If you look at today s housing market, you will notice that there is more than enough supply of foreclosure homes for sale. The problem lies with the lack of buyer. There are those who are interested in making a purchase but have chose to wait patiently for better prices and larger selection.

This entry was posted on Friday, July 18th, 2008 at 4:51 pm and is filed under Real Estate Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.