For quick answers about debt collectors and the law, click on the question below. What is the Fair Debt Collection Practices Act? What kinds of debts are covered by the Act? Who is a debt collector? How, when, and where can a debt collector contact you? Is there anything that the debt collector must tell […]
Category Archives: Uncategorized
Opportunity Knocking For Homebuyers
Opportunity is knocking fairly loudly for many considering homeownership. Home prices have declined in many markets around the country and tax incentives and other inducements have first-time home buyers and others weighing the possibilities. Home affordability, as defined by the National Association of Realtors™ Housing Affordability Index, stands near all-time highs, thanks to declining prices […]
Feds get behind short sales
Making Home Affordable Plan Expanded – Adminstration Pushes Short SalesThe Obama administration is encouraging troubled borrowers who don’t qualify for loan modifications or can’t keep up payments on a modified loan to pursue a short sale in order to avoid foreclosure. While the main thrust of the administration’s Making Home Affordableinitiative remains loan modifications and […]
Signs of Life in Jumbo Lending
Big Banks Once Again Competing with Credit Unions, Community Banks Jumbo lending is staging a comeback of sorts, with major lenders once again buying the oversize mortgages from other lenders or allowing independent mortgage brokers to originate loans for them. Bank of America and Wells Fargo had already been battling each other for market share […]
Searching for Short Sales, Foreclosures, or Bank Owned Properties (REOs)
Buying a short sale, foreclosure or bank-owned property (REO) is an appealing option for buyers looking for a deal, and those trying to stretch their dollars and get more home for their money. Searching for a short sale, foreclosure, or bank-owned property (REO) can however be difficult and maddeningly frustrating as short sale listings are […]
Luxury Home Sales
Exceptional properties require exceptional agents! The sale of Luxury Homes is for luxury home specialists, that is top real estate professionals who not only have extensive experience working with high-end properties and a network of professionals, but also a reputation for excellence and exceptional service. The Luxury Market is a highly service-oriented business, and one that requires special competencies. How […]
Rates on Jumbo Loans Headed Down
When trouble in the financial markets made mortgage money hard to come by recently, jumbo loans became doubly hard to get. These large loans, greater than the Freddie Mac and Fannie Mae conforming loan limits of $417,000 in most parts of the country, became much too risky for many banks to have on their books. […]
Where to Get Foreclosure Help – Avoid Foreclosure
With all the dubious assistance programs and out-right scams preying on home owners facing foreclosure, it can be difficult to find legitimate help. If you or someone you know if facing foreclosure please give us a call or contact any of the programs included in the list below which are either operated by the U.S. […]
Homeowner Affordability and Stability Plan – Making Home Affordable
Originally posted by Katie Curnutte at www.zilliow.com The full details of President Obama™s Homeowner Affordability and Stability Plan” now being referred to as Making Home Affordable ” are out this morning, and millions of homeowners at risk of default are sure to flock to the government™s new Web site, financialstability.gov, to find out if they […]
Lease-Purchases: An Alternative For Buyers & Sellers
Many people who are struggling to get mortgages are turning to the next best alternative, lease-options. This is a contract that allows renters to lease the property and, at the end of their lease, they have the option to buy the home. Hopeful buyers with poor credit, or minimal reserves are finding the rent-to-own option […]
