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Five years ago, it was commonplace for luxury homes to receive multiple bids. Post Great Recession, you have to give away your Mercedes just to lure in potential buyers.
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18
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Bank of America said on Wednesday that it would begin forgiving some mortgage debt in an effort to keep distressed borrowers from losing their homes. (NYT) Read More (Real Estate)
12
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Hardship Loan Modification does not need to be a long drawn out process. With the recent legislation negotiators now have enforcement lines to accelerate the Mortgage Loan Modification Process.
Lenders are now required to respond within 10 days to all correctly formatted written requests for mortgage loan modifications... Read More (Real Estate)
Lenders are now required to respond within 10 days to all correctly formatted written requests for mortgage loan modifications... Read More (Real Estate)
7
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Owing a home is something that many people work towards. In today’s market, there are many new opportunities for first time home buyers to obtain such goal. First time buyer programs, tax rebates, low prices, good finance rates, and many other factors makes this one of the best times to buy a home. Read More (Real Estate)
8
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Mortgage Loan Modification is simple, but you need to understand what it is and how it works so you are in better control of the outcome. Do you know if your lender is pulling the wool over your eyes? Are you just going to take his word for it?
In answering the question - How does Mortgage Loan Modification Work - there are two main methods for modifying a loan. Read More (Real Estate)
11
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Lenders have to get certain costs right on the good faith estimate, or else they get to pay you the difference!
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22
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Attaining the so-called American Dream is targeted by almost everyone, yet it is becoming harder to attain. There are numerous families in America, and their figure is rising each day, that want to own a home. Being the first house to be acquired, it is a challenge how you can make it through with the expenses entirely. Read More (Real Estate)
19
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For years, I have played Parker Bros Monopoly. We all have. And yet, too many of us did not learn the most basic real estate principles that this children’s game is teaching. So it’s time to be a kid again. Read More (Real Estate)
28
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If you own a home you are most likely familiar with exactly what a drag a homeowners insurance can be. You probably have tried shopping around for a better rate and did save some money b switching homeowners insurance providers. Here is some more things you can try: take a look at these tips and see if you can save some more money. Read More (Real Estate)
16
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Bank of America’s (NYSE: BAC) refinance rates have continued to delve lower as the month of December begins. According to the most recent data, Bank of America’s 30 year refinance rate is currently at an all time low with an average interest rate of 4.55%. Read More (Real Estate)
15
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As always, Google are on their way to conquer the world. This time, the search giant is rumored to be developing a Great Britain property portal as a direct competition of UK's biggest real estate portal, Rightmove. Read More (Real Estate)
21
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Foreclosure, mortgage and other real estate scams have been on a steady rise in recent months as Americans are struggling with their home payments and are looking for ways to recover. Selling a negative equity for cash is just one of them. Read More (Real Estate)
18
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If you’ve been watching mortgage rates for the last few weeks, you have seen them slowly inch downward, which is no small feat, as many of them were already resting at rock bottom levels at the beginning of this month. However, this week, just when you thought they couldn’t go any lower, rates dropped again...
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