Bookmark & Share EstateCode.com RealEstate - Part 2

6 biggest mistakes homebuyers make

Buying a home is the biggest purchase most people will ever make, yet many go into it blind. Here are the 6 most common — and costly — mistakes homebuyers make.
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Property Loss Pounds Morgan

Losses at a Morgan Stanley real-estate fund could wipe out nearly two-thirds of its $8.8 billion investments. It likely will rate as the biggest dollar loss in the history of private-equity property funds.
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Just when you thought it was safe: Foreclosures spike

The housing market has seen some positive signs recently, such as stabilizing home prices and increased sales, but foreclosures continue to haunt the market.
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Second Mortgages Vex Borrowers

Banks are under pressure to write down second-lien mortgages to help borrowers keep their homes, which they are often reluctant to do when there is a chance of recovering some of the money.
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Vacancies Plague Premier N.Y. Tower

The swooping tower at 9 West 57th Street in Manhattan is among the world’s most prestigious business addresses, but it is nearly half empty after billionaire owner Sheldon Solow has declined to reduce rents.
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FHA’s Florida fiasco

What the hell happened to the FHA’s loans in Florida?
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A Roof With a View

Homes with widow’s walks in Chapel Hill, N.C.; Barnstable, Mass., and Washington.
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Deal Is Reached For Ground Zero

World Trade Center developer Larry Silverstein and government agencies that control the site have reached a deal to resolve a stalemate over rebuilding at Ground Zero.
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Where home prices are rising

Real estate prices in Santa Rosa, California are heading higher. What other cities are projected to enjoy home price gains in 2010?
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Few grand and a few days? Get a perfect home

Hate the mess your home has deteriorated into but you don’t have the time or means to do a comprehensive redecorating job? Or maybe it’s time to sell your place, but you don’t know how to show it off to best effect?
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