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Scott Vollmer, Other/Just Looking in Green Bay, WI
Scott Vollmer asked:
Great info... thanks. Is there a lag time for MBS purchases to affect mortgage rates??? I think I read that there are a big majority of the govt. purchases of MBS's ($92 bn) that are on the NY books and not closed on the Fed balance sheets which are only showing $7.2 bn. Are…
0 votes Share Flag Wed Feb 25, 2009 Market Conditions in Green Bay
Team Mohs, Real Estate Pro in Wausau, WI
Team Mohs answered:
I closed on my home on march 28th of 2008 is there any grace period on this tax credit seeing I was 12 days
I have wondered this myself. I think you should contact a tax accountant to get the best answer.
In my readings about this it is something that needs to be repaid.
I think it is best ... more
0 votes Share Flag Fri Sep 26, 2008 Home Buying in Green Bay
Other/Just L…, Other/Just Looking in Fleming Fitch Grant,...
Other/Just Looking answered:
Changing Borrowers on a Mortgage
Lender answer:

You will need an Assumable mortgage.

Assumption is a process in which one or more new borrowers are added to an exisiting mortgage in place of one or more old bor ... more
0 votes Share Flag Mon Sep 22, 2008 Financing in Green Bay
Jeff - Ginny…, Real Estate Pro in 32962
Jeff - Ginny Mitchell answered:
What can be the expected projected profit after a home sale?
Call a Realtor or several in your area and ask your questions. You will pay Realtor fees when you sell but also don't forget title insurance for the buyer, possible state and local ta ... more
1 vote Share Flag Mon Sep 8, 2008 Home Selling in Green Bay
Erica Zimmer…, Real Estate Pro in 54449
Erica Zimmermann answered:
I put an offer to a Short-Sale home. How long does it take to get bank respond for Short-Sale. The sellers
Many times it can depend on the lender involved. Anywhere from 30 to 90 days is average. That time line isn't from the day you have an accepted offer with the seller, it starts when the ... more
0 votes Share Flag Wed Apr 9, 2008 Home Buying in Green Bay
Emily Erekuff, Real Estate Pro in Menifee, CA
Emily Erekuff answered:
Why dont you show difference with 1 and 2 storis too?
Hi Betsy-rose,

The first answer is correct in that it is difficult for Trulia to pull all home information to satisfy all interested buyers. However I'll be sure to mention your ques ... more
1 vote Share Flag Mon Oct 15, 2007 Using Trulia in Green Bay
Carrie Crowe…, Real Estate Pro in Southaven, MS
Carrie Crowell - Keller Williams Realty answered:
Why is 85% of homes I either know sold recently or are sale?
Not all companies participate in Trulia. Trulia gets its info from brokers and agents that participate in Trulia, by either manual input or automatic feed. Either way, th ... more
0 votes Share Flag Sun Oct 14, 2007 Using Trulia in Green Bay
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