Renting to Own: Advantages for Sellers and Buyers in a Soft Housing Market
When the housing market is soft, sellers who can't move their home quickly off the market commonly lease their property to temporary tenants. And some sellers will consider leasing their home as a “rent to own” property. In this market, if you're a renter interested in buying a home but don't have the down payment substantial enough to do so, this can be an excellent option. So here, we'll explore what it means to “lease Read more
Many California Sellers Sold Properties at a Loss This Year
Annual home sales are expected to rise 12 percent in California this year and another 12.5 percent in 2009, but much of the increase can be attributed to distressed sales, according to the “State of the California Housing Market 2008-2009” report released this week by CAR.
Nearly one in five (19.8 percent) sellers sold their homes at a loss this year because the property was in default, foreclosure, or short Read more
Homeowners for the Holidays – The Best Gifts for Buyers and Sellers
With Thanksgiving just days away and its adjacent day of shopping mayhem, “Black Friday,” creeping up fast, the holiday season is officially upon us. This year with the market still under duress, it won’t come as a surprise when families turn to practical gifts rather than gifting lavish luxuries. So what are the season’s best gifts for your home? What could you use to improve the value of your home and help you in the Read more