CNN money- 8 Reasons to Remodel

8 reasons to invest in your home

By Josh Garskof, contributorJanuary 25, 2011: 5:30 PM ET
(MONEY Magazine) -- Not long ago, you could have your big remodeling project and get your money back too. Owners recouped an average of 87% of home improvement costs at resale in 2005, according to Remodeling magazine.

But by 2010 the magazine had pegged the typical payback at just 60%. Hardly the right time to tackle the new kitchen or master bathroom you've been dreaming of, right?

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CNN Money Reports: Push to halt foreclosures gains steam

By Ben Rooney, staff reporterOctober 5, 2010: 6:32 PM ET

NEW YORK (CNNMoney.com) -- Pressure is mounting on U.S. banks to halt more foreclosures amid widespread allegations that loan servicers failed to verify legal documents in what could be hundreds of thousands of cases.
Members of Congress from California wrote to the heads of the Justice Department, the Federal Reserve, and the Comptroller of the Currency on Tuesday, requesting that they investigate the foreclosure processes of banks under their purview for "possible violations of law or regulations."
In Texas, the Attorney General's office sent "suspension notices" to 30 loan servicers in the state, asking them to halt foreclosures until they have completed a review of their procedures. The Attorney General in Massachusetts also urged financial institutions in the state to put a hold on all foreclosures.

The moves come after Ally Financial, JPMorgan (JPM, Fortune 500) and Bank of America (BAC, Fortune 500) all announced plans last week to freeze foreclosures in the 23 U.S. states where they must be approved by the courts.
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Price Reduced! Best Deal In Capitol Heights!

Harrison's Listing in Capitol Heights was recently reduced in price to an amazing $207,000!!

There will be an Open House this Sunday 8/22/10  from 1-4pm. Come see the best finishes you will find for $207k

CLICK HERE TO VIEW FULL LISTING

CNN Money Reports: Vulture Investors

Vulture investors: They're back - and making a bundle

By Les Christie, staff writerAugust 5, 2010: 8:36 AM ET

NEW YORK (CNNMoney.com) -- These are the glory days of the residential real estate investor. Low prices, rock-bottom interest rates and stable rental markets have created huge buying opportunities.
"It's awesome right now. I don't think we'll ever see another time like this," said Tanya Marchiol of Team Investments, which has operations in about 10 states but focuses mostly on the Phoenix market.

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