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  • Fidelity Title Calls Off the LandAmerica Merger (93)
    • Kary L. Krismer: I once had Rainier Title claim that their not listing an exception on a preliminary title policy was somehow affected by the fact that the owner was...
    • Rhonda Porter: I’m re-reading the email in comment 87, I think the key word is “ownership” in stating their ownership does not include LandAmerica...
    • Rhonda Porter: The link is from Rainier Title’s website for their rate sheets. The cover of the rate sheet has LandAmerica and Commonwealth front and center....
    • Kary L. Krismer: Rhonda, what I’m not seeing in that link is a reference to Rainier Title (except for the web address). But I love this part of the email:...
  • Is the housing market performing “as expected”? (104)
    • Kary L. Krismer: I think what Bernanke was doing was trying to avoid the mistakes of Ford/Carter where the Fed clamped down on (what I consider non-existent)...
    • ARDELL: I blame Bernanke for pretty much everything. His penchant for reversing Greenspan also reversed the Country. He didn’t want to put his finger in the dike...
    • Kary L. Krismer: Bernanke will be in place possibly through Obama’s first entire term, or at least most of it (unless I’m forgetting how long he’s...
    • ARDELL: I keep thinking how lucky Obama is going to be a few years from now, if he can take the credit for things getting better. He certainly won’t get the...
  • HUD Passes RESPA Reform, New GFE Coming in 2010 (47)
    • jeremy hickling: Yeah- turning over all direction of 3rd party service providers to borrowers might in many cases be like turning loose addicts in a pharmacy. They...
  • Q&A with the Banker Panel at the National Auctioneers Association (2)
    • Kary L. Krismer: Sniglet, bankers might not know that. Non-judicial foreclosure is so favorable to lenders that they probably don’t even typically look at the...

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Archive for 'Purchase Information'

Count all the money you wasted this year

This is post #2 in the First Hundred Days series designed to answer the question “Should I Buy a House Now?”.  We often go to professionals to help us make decisions, but whether or not you should buy a house now, isn’t one of them.
By the time you walk into a real estate office or [...]

“Should I buy a house now?”

Q: Should I buy a house now?
A: NO!
Q: Why?
A: Because you should never buy a house when you are not sure that is what you want to do, and you should never let someone else make that decision for you.  Don’t EVER give anyone that much power over your life.
As part of our exuberant expectation [...]

Seller financing options

As a bit of a follow up to Ardell’s post below about lease purchase options, another option may be seller financing or a seller carryback.  But, if you choose to go this route how will you handle payments?  One of the best ways to make this less of a burden for the seller is to bring in [...]

Buying without an Agent — the Epilogue

This is not legal advice. For legal advice, contact an attorney.
Over the last year, I’ve posted several times on using an attorney – rather than a real estate agent — to purchase a home. As discussed in those posts, one of the biggest challenges in doing so is getting access to the properties that [...]

Do you know where to find info on septic systems and your responsibilities?

A client of mine is planning on selling a property soon and he’s trying to get his proverbial “ducks in a row” before going on market.  He asked me about what his responsibilities are with regard to his septic system and he also wanted to know if he needed to do an inspection or pumping [...]

Should You Buy a Short Sale Property?

The current market is making me feel older than dirt.  Mostly because there are fewer and fewer agents around who have sold real estate in a previous bad market.  I find myself explaining what is going to happen next, to many who have never been through a short sale from beginning to end.  Even if [...]