WASHINGTON (MarketWatch) — Question: As the seller, I have a signed contract on a short sale. I have a first mortgage and second mortgage which put the house underwater, but not by a lot. Then I have a third mortgage — a home-equity line of credit — that puts it underwater significantly.
During the contract process, [...]
(Reuters) – The percentage of U.S. home sellers who cut their asking price fell in July, and price reductions were smaller than in June, real estate website Zillow.com said in a report.
The prices of 29.1 percent of homes listed for sale on the Zillow website had been cut at least once as of the end [...]
Dear Dr. Don,
I was told by a lender that it can’t do a refinancing on our townhome — which we recently placed up for sale — worth $188,000. We wanted to get $55,000 cash out from the financing. We don’t currently have a mortgage.
The lender rejected the refinance, saying it doesn’t refinance on properties currently listed [...]
(Reuters) – The percentage of U.S. home sellers who cut their asking price rose in May, but price reductions were smaller, real estate website Zillow.com said in a report. Prices of nearly one in four homes, or 23.6 percent, listed for sale on the Zillow website had been cut at least once as of the [...]
(Reuters) – The percentage of U.S. home sellers who cut their asking price rose in April, but price reductions were smaller, real estate website Zillow.com said in a report. Prices of nearly one in four homes, or 23.2 percent, listed for sale on the Zillow website had been cut at least once as of the [...]
NEW YORK (Reuters) – The percentage of U.S. home sellers who cut their asking price declined again in February and sellers made slightly smaller reductions in prices, real estate website Zillow.com said on Wednesday. The median list price of homes, however, fell in January, Zillow said in a report, which was obtained by Reuters ahead [...]
I realize that we’ve seen some more positive stats in housing over the past month, but what exactly makes home sellers think that we’re all back to business as usual? A new report from Trulia.com today finds that a full one quarter of all properties on the market in August experienced at least one price [...]
