SOPA & PIPA: Their effects on real estate

I’m sure you’ve heard of SOPA and PIPA by now–the anti-piracy legislation potentially being passed by the federal government.  If passed, this would affect a plethora of websites across the Internet; effecting many industries, including real estate. The purported purpose of both SOPA and PIPA is to prevent online piracy. However, “The legislation, say critics, …

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4 ways to attract more buyers

Some buyers are looking for a home that’s located in a specific neighborhood. Others have more flexibility regarding where they live. But most buyers share one thing in common: They want a home that’s in move-in condition. Start working on attracting buyers to your home by putting the property in good condition before it goes …

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Sellers Drop Asking Prices on Fewer Homes in December

The number of price-reduced homes on the market in December 2010 fell by 7.7 percent from the previous month, according to a survey of 26 major U.S. markets conducted by the national real estate brokerage ZipRealty. Despite the month-to-month decline, the company says the number of homes with a reduced asking price remained high compared …

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Fannie and Freddie Restart Frozen REO Sales

Both Fannie Mae and Freddie Mac have instructed their selling agents to move forward with transactions involving foreclosed properties in cases where sales were suspended due to potential problems with the legal paperwork. The GSEs were forced to temporarily halt the sale of certain properties two months ago when news surfaced that some of the …

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