Real Estate Market News

Is Bank of America’s Loan Forgiveness Program One Big Joke?

By Joanna England / May 15, 2012 /

Thousands of homeowners underwater on their Bank of America mortgages could receive one of the 200,000 letters the bank is sending out offering partial loan forgiveness. According to Bankrate.com, BofA borrowers have to clear a pretty significant series of hurdles in order to qualify for the “principal reduction program”

The Credit Doctor Says: Good Credit — Don’t Leave Home Without It!

By Candy Evans / May 15, 2012 /

When you buy a home, consider it a voyage. There is real joy in the journey as much as the destination. In real estate, that couldn’t be more true! But as with any trip, you’d better be prepared before you hit the road. Just as you wouldn’t set off on any important trip without a map and itinerary…

Tuesday Two Hundred: Mom Wants Us to Count Our Pennies and Our Blessings for the L Streets: $179,000

By Candy Evans / May 15, 2012 /

Are they now GIVING homes away? From the looks of this, you would think it. Here’s another cutie you could practically put on your Citibank for lots of miles! (Never do that: mortgage rates are too low, credit interest too high. And Doc Compton will beat me!) This cute cute 1292 square foot brick traditional…

Monday Morning Millionaire for Mother’s Day: Somewhere, Over The Rainbow, in a Golf-Historic Home for LESS THAN A MILLION, In a League of It’s Own!

By Candy Evans / May 14, 2012 /

Did Jo and I enjoy our Mother’s Day? You betcha! I got so caught up with brunch and Mimosas I completely forgot to post the Deep Throat house, where the then-quite-controversial X-rated film took place about a doctor’s home and home medical office (now that’s antiquated!) where he “treated” this woman, played by actress Linda Lovelace, who ah, shall we say, was anatomically challenged.

Friday Five Hundred: Soft Lakewood Contemporary Reduced, for the Good Guys

By Candy Evans / May 11, 2012 /

I have so been meaning to tell you about this Good Guys house, a creek-view oasis! Looks like my timing was perfect, too, because 3914 Frontier was just reduced from $599,999 to $549,000. First of all, I know the owners and they really ought to be written into the contract for an additional price: you…