Article From: money.cnn.com By: Les Christie NEW YORK (CNNMoney) — In an effort to cut their losses, banks are paying some struggling homeowners as much as $35,000 to sell their homes before they end up in foreclosure. The deals are aimed at incentivizing homeowners who owe more on their home...

Article From: ca.finance.yahoo.com By: GoldenGirlFinance.Ca While stories south of the border speak to an ongoing real estate crisis, where foreclosed homes descend into disrepair, and neighbourhoods are reclaimed by weeds and wanderers, the story in Canada has been much different. Rather than suffering a crash, Canada’s real estate market has been...

From: bottomline.msnbc.msn.com By: Eve Tahmincioglu Paying rent is getting more painful for renters across the country in the face of rising demand and tight supply. Both the commercial and residential real estate markets are seeing increases, and more are expected in the months and years to come. Office construction starts...

From: money.cnn.com By: Lee Christie NEW YORK (CNNMoney) — The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today’s historically-low rates. The plan, which requires approval by Congress, would allow borrowers who are current on their mortgage to save an average...

Article from: www.Philly.com By: Alan J. Heavens Ask builders, real estate agents, or mortgage brokers why the housing market continues to occupy a basement apartment, and the wordappraisals comes up a lot. As in appraisals done by people unfamiliar with the neighborhood in which a house is located. And increased use...

In his election-year State of the Union address, President Obama set forth a long list of domestic economic proposals, many of which centered on jobs and changing the tax code....

12 Mortgage Tips For 2012 Tip #1. Study your credit Good credit is the key to snagging a mortgage in this tight lending environment. Get copies of your credit scores and credit history from the three main credit-reporting bureaus. Study the reports carefully to make sure there are no errors...

Article From: www.cbsnews.com By: Ilyce Glink Ever since the housing market collapsed five years ago, buyers, sellers and investors have been climbing their way out of the rubble. Things have improved a little, but it’s clear we’re not there yet. Even so, there are signs of hope. Existing home sales are...

Article From: www.money.cnn.com By: Tami Luhby NEW YORK (CNNMoney) — Federal officials hope to launch a pilot program in early 2012 to convert government-owned foreclosures into rental properties. The program, which was cited by Federal Reserve Chairman Ben Bernanke last week as one way to address the housing crisis, would...

Article From: www.inman.com By: Tara Nicholle-Nelson Q: We bought a house this year! We put $33,000 down and the bank financed $28,000. Can I write this off on my 2011 taxes? How much of it? A: First things first: Congratulations! You’ve become a homeowner, and seem to have done so...