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Foreclosed properties represent less than 10% of YTD sales in the Austin metropolitan area, and less than 3 1/2% of available listings! Continue reading
This is more than just interesting. It is vital to confidence in private property rights, a foundational principal and a huge part of what makes the United States the United States. Especially if you work in the mortgage industry or the title insurance industry, please comment. Continue reading
Good information and advice: 5 Things You Need to Know to Sell a Home That’s Underwater
“Central Texas is not in the same boat as many other parts of the country. While home sales remain at a slow pace, prices have not dropped, and many economists say an upturn is in the making for 2012 as the region continues to add jobs.” The prevalence of distressed home sales (short sales and foreclosures) in other markets has had much to do with their declining home values and continuing market malaise. Continue reading
If you’re struggling with a mortgage and considering your alternatives, the best advice is to begin communicating as early as possible with your lender and with financial and real estate professionals. Continue reading
This website does a good job of outlining the steps in a Texas foreclosure, and in providing good general information about some alternatives. Continue reading
This op-ed piece from RISMedia offers an attractive option that is worth exploring — equity sharing, true cooperation between lender and borrower. Continue reading
Don’t wait until it’s too late to admit you can’t keep up with your mortgage payments. Call me! Continue reading
If you or someone you know is going through this devastating situation, please have them call me. I would love to help them get past this and begin to put their financial lives back together. Continue reading
Bill Morris on Austin Real Estate 