Explain Finances

How to Remain Competitive in a Down Market
The real estate market was hot for so long that many agents who entered the real estate industry during this time period do not have any experience with a buyers market. Until the recent real estate market crash, the market definitely favored sellers. Homes sold quickly and in [...]

Be Cautious of Foreclosure Relief Offers
With the current slope of the American housing market, any dramatic increase of foreclosures across the country, a new breed of fraud has cropped up. People have been trying to take advantage of distressed homeowners who are facing foreclosure, by promising to take care of the foreclosure for them. In [...]

Guide to Inexpensive Rental Property Repairs that Wont Take a Bite out of your Budget
There are some decided differences between fixing up your own home and a property you plan to rent out. One of those differences is often your budget for repairs. If you want to make a profit on your investment property, repairs [...]

Foreclosure Terms to Know: Forbearance, Modification, And Reinstatement
Many homes in the United States are under foreclosure at this moment. Sometimes the foreclosure process can take a very long time… up to a year in some cases. Foreclosures can happen for a wide variety of reasons of course, but the most common tend to be unexpected [...]

How Investors Can Protect Themselves against the Real Estate Crash of 2008
While the current real estate market is certainly distressing, studying the history of real estate clearly indicates that it is, by nature, cyclical. There have been times throughout history when real estate has boomed and other times when it has remained somewhat stagnant. Real [...]

Homeowners Face the Reality of Negative Mortgages
The idea of being upside down on a vehicle is not that new. This commonly occurs when a consumer makes the decision to purchase a new vehicle before they have paid off their existing vehicle. As a result, the balance of the loan on the existing vehicle is added [...]