Pros And Cons Of Real Estate Investment | Risk vs Return On Investment   The world of real estate can be quite exciting, it can make you money and get you high up the property ladder, but it can also have a negative effect on your bank balance if you don't get things quite right.   Returns PROS: Real estate can provide you with some great returns on your investment. If you're renting property out, then you can expect to see a return every month if the rent is higher than the cost of the mortgage. If you're buying property to live in then the return won't come until the mortgage has been fully paid off or you decide to sell the property. CONS: Investing in real estate is a risky business and many people have found out about the risks too late. House prices can and do drop, and even thou... 07/16/2013

What Exactly is a Short Sale, and How Does it Work? With property values dropping in many places, short sale has now become a common term in the mortgage business. The most intuitive way to remember what a short sale is — is by thinking that it is the sale of a house that is short on money owed on home loans. How does this happen? Well, there are a few different factors that can contribute to a short sale, but the biggest one is the low appraisal and drop in property values.   Let's say for example that a family buys a house 5 years ago for $100,000. After 5 years, they have paid $20,000 into the principal. They have $80,000 left on the mortgage. So, if they need to sell their house right now, the house must appraise for at least $80,000 in order for them to break even. However, with lo... 07/08/2013