The percentage of homeowners with mortgages who owe more than their homes are worth continued to rise during the first quarter, but only 1 in 10 of underwater homeowners are seriously delinquent on their…
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Once-foreclosed home owners are slowly making a comeback in the housing market as some lenders give them a second chance at home ownership. After defaulting on their home loans or doing a short sale on…
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The difference in how states handle foreclosures may determine how quickly their housing markets make a full recovery, according to a new report by Capital Economics. States with nonjudicial foreclosure…
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5 Common First Time Home Buyer MistakesThey don’t ask enough questions of their lender and end up missing out on the best deal. They don’t act quickly enough to make a decision and someone else buys…
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Closing costs for a mortgage averaged $4,143 last year, which is 12.4 percent higher than in 2010, Bankrate.com reports. Despite record low mortgage rates, borrowers are finding the cost of getting a…
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Bank of America announced that for a limited time, they are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer could be eligible to…
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Buying Step 3: Get Loan PreapprovalFew people can buy a home for cash. Most buyers, especially first-time purchasers, require a loan. Real estate financing is not just about getting a loan, it’s about…
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Chase announced it will donate at least 100 homes it owns to wounded military veterans as part of a program operated by a national nonprofit group known as Operation Homefront. Eligible military families…
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For millions of homeowners, trying to balance a budget while maintaining a mortgage that is more than the value of a home is becoming nearly impossible.Add the threat of scams, con-artists and people who…
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ARE YOU AT THE END OF YOUR ROPE AND ON THE VERGE OF LOSING YOUR HOME?TAKE A MOMENT TO SEE THE BENEFITS OF A SHORT SALE VS A FORECLSOURE. VISIT DISTRESSED ASSISTANCE FOR ADDITIONAL OPTIONS THAT CAN…
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Many homeowners have fallen behind on their mortgage, and could soon be on the path to foreclosure without permanent help. If this sounds like your situation, you may be eligible to modify your mortgage.…
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The number of U.S. home short sales surpassed foreclosure deals for the first time as banks became more agreeable to selling houses for less than the amount owed on their mortgages, according to Lender…
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The news has been abuzz in the past few weeks about the historic Robo-Signing Settlement reached between the government and five major lenders. The settlement raises lots of questions. But for distressed…
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An important topic in the world of real estate is the issue of agency. Some people might have you believe that it really doesn't affect you, the buyer, and that nothing much has changed. But they are wrong.The…
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The REALTOR® you work with can be one of your most valuable resources in the home buying process. Unlike many real estate agents who are simply licensed by their state to do business, REALTORS® have…
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Buying Step 1: Are You Ready to Buy a Home?Knowledge and experience are the keys to successful real estate transactions. The Internet is an enormous library of valuable real estate related information.…
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Buying Step 1: Are You Ready to Buy a Home?Knowledge and experience are the keys to successful real estate transactions. The Internet is an enormous library of valuable real estate related information.…
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Increasingly, young people are delaying the pursuit of home ownership because of outstanding student loan debt — which now tops $1 trillion, according to the Consumer Financial Protection Bureau. …
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Sales of new single-family homes dropped to their lowest level in March since November 2011, but analysts say there were glimmers of hope behind the Census Department’s data released Tuesday, which showed…
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Thinking of buying a home, now is the time. 30 Year Conventional/Conforming = 3.875 (with a credit of 3,000 still possible on a 400,000 loan) 30 Year FHA = 3.75% solidly. Down .125% from last week. …
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