Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: mortgages

Finder’s fee lawsuit must be filed in 3 years, not 12

In a blow to Maryland homebuyers, the state’s top court has unanimously ruled that mortgage borrowers have just three years in which to sue mortgage brokers who allegedly failed to disclose they charged and collected finders’ fees for their brokerage services.

Read More »

Banks fall short in helping struggling homeowners

WASHINGTON — Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation’s top mortgage servicers, according to a report released Wednesday. Such delays can plunge borrowers deeper in ...

Read More »

Realities of Real Estate: Just what is normal?

Our first Realities of Real Estate column was published in September 2008. It was an exciting, or as some might put it, a terrifying time to write about real estate. During that month, the financial markets began to unravel when they could no longer contain the pressure released by a bursting real estate bubble. Lehman Brothers filed for Chapter 11, and a few days later, the stock market experienced its largest point drop ever, falling almost 780 points in a single day.

Read More »

Realities of Real Estate: Who agents represent and how they get paid

How agents can represent someone varies from state to state, and depending which real estate company you employ, specific buyer or listing agent agreements can also vary. In the past, agents only represented the seller, and that was it. Today, it’s very different.

Read More »

Realities of Real Estate: Hunting guide for tracking down house

Once you’ve made the decision to buy a new home, part of the excitement is in the thrill of the hunt. Somewhere out there is the home of your dreams. It’s a basic instinct to be motivated by the discovery of something special and the hope that you’ll score big with a great buy.

Read More »

Realities of Real Estate: Agents via Internet? Check them out first

In 1597, Sir Francis Bacon said, "Knowledge is power." To many, this simple quote is more commonly thought of as a contemporary phrase and perhaps better suited for today's technologically driven information age.

Read More »