Remember those interactive stories where your answers alter the story and affect the ending?  Well, apparently marketing at Fannie Mae is really into them.  Fannie Mae has created a new interactive video where you control the outcome of the story based on your answers.  It basically lets you role play through your financial situation.  I played [...]

The last few years have been a roller coaster for everyone in the real estate market.  Expect: 1) An emotional yet controlled recovery:  The emotional aspect:  If you read the business section you can see the view on the recovery swing rapidly from day to day.  On Monday we are recovering and on Tuesday the market [...]

If you are looking to purchase a home you will at some point fall in love with a shortsale.  Shortsales are a bit like a “bad boy/girl.” You know you should not be with them but sometimes you just can’t resist.  Generally priced below the market they can be extremely tantalizing.  If you do find [...]

Shortsale Definition: A sale of a property for less than the current amount owed on it. Nuts and Bolts: A home buyer cannot make their payment and owes more than the house is worth. They list the house with a Realtor for sale.  A buyer makes an offer and the seller accepts.  The Realtor now [...]