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Articles for Buyers

FSBO Related
 

For Sale by Owner: A Guide for Buyers - WSJ

Synopsis: A good article mostly about the difference in dealing with FSBO transactions vs. agent-represented real estate.  Makes some generalizations about FSBO sellers that are not always true, but balances it out by offering examples that counter traditional views of FSBO's.  Gives buyers some "heads up" tips for purchasing real estate directly from the owner and includes 3 important recommendations for buyers who are considering the purchase of a FSBO home.

 
General
 
For investors, rising rates offer opportunities - MSNBC.com

Synopsis: Less of an article about real estate and more of a commentary on wise investment decisions in an inflation-conscious market.  Says that speculative real estate investment should be a bit more defensive in this environment, but contradicts that advice to an extent by saying that a price collapse - even in overvalued markets - is not expected.

 
Fed: Homebuyers duck for cover - CNNMoney

Synopsis: Article from 3/23/05 cautioning readers about rising interest rates.  Says that though the Fed doesn't directly control mortgage rates, their rate-ratcheting should have a tandem affect on mortgage rates, but hasn't, yet.  Also reminds readers that rising interest rates can aid in driving real estate prices down.

 
Risky Real Estate Moves - CNNMoney

Synopsis: Lists several dangers involving real estate financing and how they can get homeowners in trouble.  Covers "Piggyback" loans, interest-only mortgages, and the "minimum payment" option.  The basic message: people that count on strong appreciation to be the only form of equity in their home can get burned, so be careful out there!

 
 
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