According to RealtyTrac’s latest market report, the number of foreclosure filings in November was down 8.71 percent from October, and down 20.1 percent from a year ago. There were 544 foreclosures in November and only 284 bank repossessions (1 out of every 2,652 houses in the state). Foreclosure starts in November were also down […]
The Government’s Revamped HARP Program For Underwater Homeowners
October 25, 2011 by Leave a Comment
The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance.
Shopping for a Mortgage Loan – Not Really About Price
July 13, 2011 by Leave a Comment
Since the “Mortgage Meltdown” in late 2007, the rules around shopping for a new mortgage loan have changed significantly. Understanding the reasoning behind these changes and asking your loan officer essential questions can save you hours of time and disappointment when looking for your next home loan. To set the scene, we must first look […]
Virtual Staging
May 25, 2011 by 2 Comments
For simplicity’s sake, I like to split listed properties into two categories: inhabited and uninhabited. Both need some degree of staging to enhance their potential. For inhabited properties, staging usually means sending items to storage, touchups, and a constant state of cleaning up. Uninhabited properties call for staging that shows vitality and possibility by way […]
Mortgage Rates at 0%, Really.
March 9, 2011 by Leave a Comment
Off Set Mortgage or All In One Loan, has finally made its way into the United States.