Bob's Properties

With so many homes on the market, many buyers house hunt for months, even years before hitting property pay-dirt.  Even for the savvy buyers who have narrowed their house hunt to an affordable price range, the condition issues so common in distressed homes can make choosing a home difficult. And … [Read more...]

Today's experts spout off the latest statistics about long-term wealth, home values, and interest rates, yet there's a much more sentimental side to homeownership. In fact, many home buyers are drawn to homeownership for these warm and fuzzy reasons. Owning a home allows you to put down roots, … [Read more...]

Most people get it backwards. They shop for a home, THEN, they try to structure the financing for it. They make the emotional decision of buying the home of their dreams, THEN, try to apply logic in how they pay for it. Many even go "online" and play with what is affordable by underwriting standards … [Read more...]

Many sellers want to wait until the spring before putting their home on the market. This might be for any of several reasons: 1. They don't want to be inconvenienced during the holiday season. 2. They believe that they will see more potential buyers and as a result will get a higher … [Read more...]

There are different types of insurances that cover real estate and home owners.  There are a variety of types offered and different terms, but contact your insurance professional for assistance if you have additional questions. Title Insurance: It is usually split into two policies, such as an … [Read more...]

Past articles in Forbes and The Wall Street Journal say yes. Forbes.com In a report to their subscribers, Capital Economics reported that: "The previous declines in house prices and the more recent drop in mortgage rates to record lows have created an unusual situation in which the median … [Read more...]

Many people are placing the concept of homeownership under attack. There is more and more debate whether we should limit government assistance to homeowners. The administration just came out with their Reforming America's Housing Finance Market: A Report to Congress. The report acknowledges the … [Read more...]

Cost of borrowing could climb if mortgage bonds fall out of favor Mortgage rates were largely unchanged this week, according to a survey by Freddie Mac taken before investor reaction to the latest attempt by European leaders to address the region's debt crisis. Stocks soared today on hopes that … [Read more...]