Mr. T asked:


Say I owe $200,000 left on my mortgage balance, and I then short sell it for $130,000. What happens do the remaining $70,000? Does the bank just eat it or is there a tax liability? If that would be a tax liability, then what is the point of even having that loan modification program that was put out there by Obama?

James

Sine Language asked:


People need places to live, so if existing homes are not selling then it seems to me people are just renting more, changing jobs less, and possibly will invest more in home imporvement, so the ways money is spent and the beneficiaries may shift, but the net affect on the overall market would be negligible?

I can understand new home sales a bit better, but even then i would think that would affect mainly construction-related companies and mortgage finance related companies, not the broad market.

What relationships am i missing?

DANA

mehrbod asked:


Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose to a seasonally adjusted annual rate of 5.24 million units in July. I”m looking for the raw data not the seasonally adjusted data.

CARL

bolinger81380 asked:


I am just starting out in real estate investments, and do plan to get a real estate sales license. I was wondering what would be the best route for the beginner.

Real Estate

yahoogirl asked:


How can a real estate company contribute to the development of a country?
how can a real estate company contribute to the development of a country

State your career goals, and the contribution you think you will be able to make towards the develoment of your country..keep in mind that the career goal is to own a real estate company…

Caffeinated Content

NicoleR asked:


I want to invest in real estate but want to protect my personal assets.

Create a video blog