Intermediate Information: October 2008 Archives
Today's new consumer article is How Loan Modification Benefits The Real Estate Markets, in which I discuss the benefits that everyone, even those who aren't in trouble, get out of the loan modification program. A lot of people get upset because folks who weren't careful are getting rewarded for reckless behavior. To tell the truth, I have quite a bit of understanding for that viewpoint. However, even the people who didn't overstretch will be getting benefits from not having as many forced sale properties on the market.
Today's new consumer article is Offers Where The Buyer Knows About A Problem With Your Property, in which I consider the differences between an offer where the buyer knows about a defect with the property, versus an offer where they do not, and what happens when - not if - that buyer finds out.
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