Financing & Credit Archive

‘Catch Me if You Can’ Conman Divulges Identity Theft Prevention Tips

Former con artist Frank Abagnale knows first-hand how easy it is to assume another person’s identity, and he’s now devoted his life to helping others avoid getting duped....
November 5, 2017

If You’re In a Hurricane-Hit Area, the Federal Government Might Have a Job for You

The U.S. Small Business Administration is looking for damage verifiers in the parts of Texas and Florida that were hit by hurricanes. Damage verifiers are people who use their knowledge about real estate to give the agency their assessment...

25% of Male Agents Carry a Gun

Safety is a concern in the real estate industry and it’s not limited to female agents. Recent NAR survey data show that a quarter of men in the business carry a gun to protect themselves. The survey is based...
September 12, 2017

We Know We Need Housing and How to Get It. Unfortunately, That’s Where We Stop

The United States has a housing shortage. That’s why home prices are rising faster than what many people can afford. But in California, the housing shortage is a crisis. Many people want to live and work in the state,...

Is $600 for Staging Worth It? A Report Says Yes

How much sellers spend to stage their home will vary by where they are and what they have done, but generally speaking they can expect to pay $500-$600 for a few hours for a pre-photo shoot styling session and...

Largest Source of Mortgage Funds in U.S. Tries to Help Homebuyers Struggling With Student Debt

Fannie Mae has come to recognize the problem people are facing when they’d like to buy a house but they’re hemmed in by tens of thousands of dollars of student loan debt. First, in calculating loan applicant’s debt-to-income ratio,...

What to Know About Selling a Home With a Reverse Mortgage

By Greg Geilman It’s difficult to understand how a reverse mortgage works and how selling a home with one differs from the standard procedure. The truth is that it’s very similar; the major difference is the way the lender...
June 5, 2017

3 Actions to Take After You Receive a Bogus Email

You may recall a previous post about Sue Dietz, an Iowa real estate agent whose identity was being used by scammers to send fraudulent emails to other real estate professionals all over the country. The emails, which were sent...
March 16, 2017

Money’s Available to Buy But Many Renters Don’t Know It

Millions of households are mortgage-ready but don’t try to buy because they can’t come up with a downpayment. And yet, hundreds of downpayment assistance programs around the country are available and go largely untapped. To be sure, many households...

Webcast Recording: Using a Reverse Mortgage to Buy a Home

REALTOR® Magazine recently hosted a live webcast about how reverse mortgages, also known as home equity conversion mortgages (HECMs), can be used to help seniors finance the purchase of a home in addition to their traditional purpose of enabling...
February 24, 2017