Why 2015 will be a breakout year for real estate sales

I believe that the real estate market will make a comeback in 2015 — but it will do so in spite of the terrible economic environment and the government. What reasons do I have to be so optimistic? Here they are …

Realtor facing criminal charges over 8 loans made nearly a decade ago

A Sacramento, California, Realtor has been charged with eight counts of bank fraud for allegedly submitting fraudulent loan applications that enabled clients she represented nearly a decade ago to buy eight homes they did not qualify for. Gabriela Cart…

Motivate move-up buyers with home trade-ins

How can Realtors get sellers — and buyers — motivated? In Ohio, homebuilder Trinity Homes is turning to a page from the automotive industry to move inventory: home trade-ins. Columbus-based Trinity Homes, the largest homebuilder in central Ohio, has partnered with HER Realtors, the largest volume real estate brokerage in central Ohio, to promote the new home trade-in program …

Balance liquidation programs are ‘godsend’ for distressed borrowers

When people face serious financial problems, getting out of a credit mess may ultimately involve going bankrupt or losing their home, but if you’re carrying high credit balances or your credit cards are maxed out, you can turn the tide …

FHA launches historic homebuyer ‘care package’ for 2015

After several years of lackluster participation in the housing market, first-time homebuyers are getting a boost from the Federal Housing Administration (FHA) this year. On Jan. 8, in a move expected to bolster homeownership, President Obama and the FH…

Big opportunity real estate agents are missing post-closing

Ever since the Consumer Financial Protection Bureau released its findings that almost half of homebuyers don’t shop around for the best rate on their mortgage, I’ve been trying to make sense of this revelation. It’s not that it’s shocking — the fact that homebuyers need a lot of help with the process is what is inspiring so many entrepreneurs to work on new companies in this space …

Bank of America unveils down payment assistance search tool

Bank of America has partnered with Down Payment Resource to provide a tool that helps its loan officers and homebuyers identify down payment assistance programs borrowers might qualify for. A recent study by data aggregator RealtyTrac and Down Payment Resource found that …

Michael Slavin: ‘The real power is to determine how money is spent’

“I will say this,” notes the Privlo CEO, “money and power are not mutually exclusive. What motivates me is to work hard, so in the event of amassing money I can decide how to allocate it.” …

3 things VA homebuyers need from real estate agents

More veterans are taking advantage of their Department of Veterans Affairs (VA) loan benefit than ever before. If you’re looking to expand your business into this niche market, here are three things VA homebuyers need from you …

Mortgage giant Citi steps up marketing on Zillow, StreetEasy

Citi, one of the nation’s largest mortgage lenders, has signed a marketing deal with Zillow in an effort to reach prospective borrowers on the highly trafficked real estate portal. The deal will boost Citi’s presence on Zillow; Zillow Mortgages, the site’s …