It is December again, and beyond all of the holiday festivities it is also prediction season. It’s that time of year when prognosticators everywhere wax eloquent on what might happen next year and beyond. Looking back, history is full of predictions from silly to bizarre, and from incredibly wrong to amazingly correct.

Perhaps it is just me, but I don’t remember the distance between Halloween and mid-December ever being so short. I am shocked Chanukah has come and gone and Christmas is nearly here. Consensus seems to be that the year has flown past.

Recently, news about how to purchase a real-estate owned (REO/bank owned) home, foreclosure property or short sale is everywhere. Bank owned homes are sold directly from the lender after the foreclosure process is complete, and while you may save quite a bit of money by choosing to go for this type of home, it is not without trials and tribulations.

When you ask yourself to visualize the home of your dreams, what comes to mind? Certainly not a nondescript 3 bedroom, two bath home. It’s much more likely that your vision could include features like maple flooring, granite countertops, 6-panel doors, built-in speakers, or access to 220-electricity in the garage for a workshop. Everyone has their own custom needs and desires.