Now is a Perfect Time to Buy a Home!

From the Real Estate Home Page


What the heck are you waiting for?

The experts say this is the perfect time to get into your dream home!

> Home prices are down.
> Home mortgages are reasonable.
> There are incentives for first-time home buyers. (June 18
and July 5 posts)
> Home choices are plentiful with the large home inventory.

But...don't wait around too long. There are indications that the home inventory is decreasing and prices are increasing.

Get in touch with your Realtor, now...explore the opportunities out there for you to get that new home you've been dreaming about!

For more see:

http://www.realtor.org/rmodaily.nsf/pages/News2009072001?OpenDocument

Happy Home Hunting!

Kwik Kwote: "We can do anything we want as long as we stick to it long enough." -Helen Keller

To see homes in the Cary-Apex-Holly Springs, NC area, take a look at http://www.TriangleEstatesRealty.com/. Or email me at Tim@TimHaag.com. Or for a no pressure toll-free chat, call me at 877-TIM-HAAG (846-4224).

Under Water Home Owners Walk Away

Presented By the Real Estate Home Page

Homeowners who have lost value on their homes are stopping payment on their loans in increasing numbers.

The farther home owners' equity falls below the value of their homes, the more likely they are to default on their mortgages.

As the social stigma of defaulting lessens, it is likely that more and more homeowners will walk away from their home loans, even if they are able to pay them.

Willingness to default on a home loan, even though you can afford to pay it, has become known as "strategic foreclosure".

But, don't even think about trying this without considering the consequences, including the possibility that your mortgage company might pursue criminal charges against you for violating Federal law.

If you haven't talked with your attorney for awhile, this would be a good time to re-introduce yourself and get some legal advice!

Sooo...is walking away from your mortgage justified or is it morally wrong? Northwestern University and the University of Chicago did a study. They found out how people with different demographics feel about the morality of defaulting on a home loan, even when they can afford to pay it.

Click here to see who thinks it's morally wrong and who doesn't:

http://www.realtor.org/RMODaily.nsf/pages/News2009070105?OpenDocument


Kwik Kwote: "Learn from yesterday, live for today, hope for tomorrow." Albert Einstein

To see homes in the Cary-Apex-Holly Springs, NC area, take a look at http://www.TriangleEstatesRealty.com/. Or email me at Tim@TimHaag.com. Or for a no pressure toll-free chat, call me at 877-TIM-HAAG (846-4224).