Jayson Davis's (jaysondavis) Blog

Last month, Existing Home Sales fell again. It is reported that a large number of homebuilders are facing their worst ever quarterly earnings. These homebuilders believe the major cause of this mess, is the continuous sub prime mortgage crisis.The National Association of Realtors mentioned that d...

So you'd like to buy a bank owned property?You've watched the late-night infomercials and you're ready to do the bank "a favor" and take a problem off their hands. Plus, you expect to make "a killing" in the process. Sounds great and it might just happen, but first you should take a look at some ...

For a variety of reasons, it is possible that the total debt on your home may be more than what the home is worth. Most of the time, this isn't a problem because time is the solution. Depending on how much you owe, just wait it out and the value of your home goes up. This solution does not work f...

When there are a lot of homes for sale and it takes a long time to sell them - that's a "buyer's market." In most of the country, that's the current situation. If it is a buyer's market where you live and you're looking to buy a home, you are in a strong position to negotiate for lower prices and...

Adjustable rate mortgages or ARMs are chosen by about one third of all loan applicants. Unfortunately, many people do not understand the key components of an ARM or how they are calculated. It is critical to understand the four key components of adjustable rate mortgages when comparing loan offer...

The secret to profitable investing in real estate is the ability to see profits where others see problems. Evaluate every potential property with all the possibilities in mind. Think outside the box - don't even consider homes that are in good condition. Homes that don't need immediate renovation...

People get carried away when spending and end up with debts. If the finances are not managed well and the payment scheme not properly planned these debts can escalate. Escalating debts and a failure to make the necessary payments results in a bad credit history. This record cannot be easily wiped...

California is in a slumping real estate market, and there are many new homes on the market. Herein lies a potential problem for you if you are looking for a new home in a new subdivision. If you have been paying attention to the marketplace, you might know that some builders are offering fantasti...

As we move into August, mortgage interest rates are dropping slightly, responding to rising concerns about a softening housing market. Sales of new and existing homes have been dropping sharply over the past two months. That sparked a major drop in stock values in late July.At the same time, unde...