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Category archives for: Tara's Columns

Living in a real estate fantasy land

Living in a real estate fantasy land

ShareMood of the Market
Tara-Nicholle NelsonInman News
I love Tim Burton films. That a single director’s filmography includes "Beetlejuice," "Edward Scissorhands," "The Nightmare Before Christmas" and the disturbingly delightful-looking "Alice in Wonderland" is absolutely amazing.
I crave to know what it looks like on the inside of Tim Burton’s head. If what comes [...]

Bankruptcy’s Catch-22

Bankruptcy’s Catch-22

ShareHome Sale Hindsight
Tara-Nicholle NelsonInman News
Q: I filed for bankruptcy in 2008 and then lost my job in 2009. I’d like to keep my condo and my car, even though those debts were included in the bankruptcy. If I can sell my condo for more than its payoff amount, can I keep the [...]

Know when to say: ‘Buy’

Know when to say: ‘Buy’

ShareREThink Real Estate
Tara-Nicholle NelsonInman News
Q: I’ve been looking for my first home for several months now. In my price range, it seems like there are fewer and fewer good homes available. When I first started looking, there were lots of houses, although they were hard to get because so many buyers [...]

Who’s at fault in rockfall death?

Who’s at fault in rockfall death?

ShareLaw of the Land
Tara-Nicholle NelsonInman News
In the case City of Waco v. Debra Kirwan, et al., college student Brad McGehee was sitting on a bluff in a park owned and operated by the city of Waco, Texas, watching boat races when the rock beneath him crumbled and he fell to his [...]

Keep credit problems in check

Keep credit problems in check

ShareBook Review: ‘Living Well with Bad Credit’
Tara-Nicholle NelsonInman News
Book ReviewTitle: "Living Well with Bad Credit" Authors: Chris Balish and Geoff Williams Publisher: Health Communications Inc., 2010; 192 pages; $10.36
Once upon a time, it was the case that you could pretty accurately assume that if someone owned a home, they [...]

Cures for the closet-obsessed

Cures for the closet-obsessed

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Tara-Nicholle NelsonInman News
I went house hunting with a client yesterday let’s call her "Alice." Alice’s particular homebuyer neurosis is "closet" post-traumatic stress disorder (PTSD). And she’s not at all in the closet about the fact that she has it — in fact, to the contrary. She’s extremely clear — in [...]

Hidden costs in short sales

Hidden costs in short sales

ShareHome Sale Hindsight
Tara-Nicholle NelsonInman News
Q: I’m about $150,000 upside down on my house, and I have been trying to do a short sale. I had a contract to sell it to a buyer who is well-qualified and has been waiting patiently for several months while we awaited approval from my mortgage lender. [...]

If ARM ain’t broke, don’t fix it

If ARM ain’t broke, don’t fix it

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Tara-Nicholle NelsonInman News
Q: I just got a letter from my mortgage lender offering me a 6.5 percent fixed interest rate on my home equity line of credit balance, which is right around $100,000 and is the only debt I have on my $500,000 home. My family and friends think that’s [...]

Court: No fraud in refi to a higher rate

Court: No fraud in refi to a higher rate

ShareLaw of the Land
Tara-Nicholle NelsonInman News
Homeowners Patricia Ostolaza-Diaz and Jose Luis Diaz-Goyes had two Bank of America mortgages plus a home equity line of credit, also with Bank of America, on their Virginia home, according to court documents.
They reportedly received an unsolicited call from a mortgage broker who claimed he was [...]

Book Review: Get Financially Naked

Book Review: Get Financially Naked

Authors Manisha Thakor and Sharon Kedar boldly declare, ” ‘Get Financially Naked’ will empower you to live the life that makes your heart sing — on your own and in the context of your romantic relationship.”

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