When I think of real estate today I think of Bear Sterns, I think of Lehman Bros. and I think of Merrill Lynch. All these companies had sizable investment in the real estate sector. The US property market, at one time, was one of the fastest growing property markets in the world. There was double digit growth in the prices of the property. The sellers were dictating terms of sale and the market was looking only one way and hat is up, up and up. Anybody who spoke about a price correction or caution in the market was considered to a pessimist. Financial institutions were helping the boom by lending huge money to people who wanted to buy property but did not have finances to do so. Also investors in real estate were very happy because they were seeing double digit growth in the property investments that they made. The signs of problem started when the prices of property began to fall. There was default in payment to banks by the mortgage borrowers as the amount they had borrowed was much higher than the prices of property that they were holding. Banks and financial institutions were left holding properties. The prices of these properties were falling by the day, which were affecting the balance sheet of many banks and financial institutions. The end result of all this was that many banks ended up being bankrupt. Continue reading Las Vegas Nevada Real Estate…
Many people have tried unsuccessfully to sell or buy a home. Even with the invention of the internet- literally connecting millions- it can be a tough job. Not to mention fees and effort involved can stress you out to the point of exhaustion. Continue reading Sell or buy a home…
If you are in the market of selling your home, one good resource to do so is Homes for sale by owner. In fact, it is absolutely free until you sell your house- meaning you have a guaranteed no-loss, no-commitment deal if you don’t sell it.
Sellers will find this resource superb- but buyers are no exception. Buyers can see photos, descriptions, and estimated prices that sellers post. From location details, to school details, to even specifics such as square feet, this resource is a valuable one for buyers and sellers alike.
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If you have tried other opportunities with failure, make sure you give this a shot- you don’t have anything to lose if you can’t seem to sell your house. This valuable communicative resource will let you find what you need in no time at all- freeing up your time to start moving, and less stressing about buying or selling.