Home 
Buyers & Sellers Articles Blog 6 real estate headlines: 18-April
Buyers & Sellers Articles Blog 6 real estate headlines: 18-April
| 18 April 2011
A daily dose of headlines for real estate agents, mortgage lenders, homebuyers and home sellers.| Why mortgage puts homebuyer at disadvantage Market Watch: For home buyers who need to finance their purchase using a mortgage, a cash buyer can be their worst enemy. That’s because when a buyer makes a cash offer, the seller knows it’s a solid deal — and that financing hiccups won’t delay a closing. | Unexpected uptick encourages home sellers Gazette: Home sales are picking up this year, say Maryland real estate agents, but they remain cautious about calling the trend a turning point in a market that's generally been moribund since before the Great Recession. |
| Mortgage mess: Who really owns your mortgage? CBS News: As Scott Pelley reports on "60 Minutes" this week, that question has become a nightmare for many homeowners since the invention of mortgage-backed securities. And there still causing problems. | Public acceptance developers' biggest challenge Washington Examiner: Local opposition to new suburban development is practically a given in most developers' minds, particularly when it involves large-scale projects. |
| New bill for short sales Bankrate: If passed into law, the Prompt Decision for Qualification of Short Sale Act of 2011, would "require the lender or servicer of a home mortgage, upon a request by the homeowner for a short sale, to make a prompt decision whether to allow the sale." | MD gets $40M in foreclosure aid for unemployed Baltimore Sun: Borrowers could receive as much as $50,000 in interest-free loans to pay off past-due amounts and to make up to two years of payments. |
