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Tag >> Market Value

In an effort to deal with the growing number of foreclosures on the market, yet another program has been proposed. The Right to Rent Plan would actually allow distressed homeowners to stay in their homes after the foreclosure sale ... by paying a fair-market monthly rent to the "landlord" (the lender who foreclosed on the former homeowner). (Don't get this program confused with an earlier one


One of my staff members recently sent me an article about a group of condo owners in Chicago who are taking a stand on the eight or so neighboring condo units that are in various stages of foreclosure. Members of the condo association are knocking on doors in an attempt to pass a referendum that would allow the association to purchase the "distressed" units and then rent them out until the


I'm sure you've been reading more and more about how the commercial real estate market is following in the footsteps of the residential real estate market. And perhaps you've been wondering how these markets are different. Well, let me explain.

First of all, both markets suffer as bad mortgages, the credit crunch, and plummeting values affect homeowners and residential and commercial


Once again, I have to thank my staff who brought a selling technique to my attention that I haven't heard about in years.

A technique that was commonly referred to as a "reverse offer" is in the news again. This is an aggressive technique used when sellers present buyers  with an offer to purchase the sellers' property---instead of vice versa. And although it's more common for builders to


When I was reading Forbes magazine the other day, I found an article that compared renting to buying a home in this market. The article stressed that every market is different, and that your local real estate market may dictate if buying or renting is the smartest for your investment dollars.

I've always been an advocate of responsible homeownership, and I also encourage investors to practice


Have you read or heard about mark-to-market accounting in the news lately? Mark-to-market accounting is an accounting theory of pricing assets based on their fair market value that larger banks use in reporting their shareholder equity. So how does this tie into the real estate market?

When you are analyzing a property to purchase, you need to get a sense of its current value. You do this by