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Who Can Short Sell, Lease and Buy Back? Keep in mind that in order to qualify for FRESH START™ there are some very important guidelines, which must be followed. Below is a brief list of the primary underwriting guidelines. Homeowner must have verifiable income; all income will...
Short sales are getting much shorter, Freddie Mac says. The mortgage giant launched a Freddie Mac Standard Short Sale program on Nov. 1 that sought to speed up the short sale process and make it easier and more transparent. "We estimate that the time to complete a short sale...
The median list price in January for single family homes in Severn is $441,400. The list prices increased by 2.65% from the previous month. The price per square foot for listings in this area is $211. The median sale price in July for single family homes is $400,000. The sale...
There is no way to guarantee a "smooth" path from an approved contract to the settlement table, but doing your part is at least half the job. Expect minor problems and delays along the way. On the seller's side, title problems are a common cause of postponed settlements. On your...
RISMEDIA, Saturday, December 08, 2012— (MCT)—The race is on to finalize short sales and seal the deal on mortgage reductions as the Dec. 31 expiration of a massive tax break for struggling homeowners looms. Since 2007, homeowners whose banks have forgiven unpaid mortgage debt...
Well, the New Year is underway, and many of us are probably looking back at 2012, going over all the plusses and minuses. Hopefully, there are more plusses in your corner. At any rate, as we enter into this New Year it’s definitely a good time to take stock of things, re-assess...
Small Business Owner? Consider Buying Your Office Space RISMEDIA, Wednesday, October 31, 2012— It’s not a question of if, but when most business owners should think about owning commercial property, says financial expert and small-business advocate, Chris Hurn. Owning your...
Have you ever walked into your kitchen and instantly felt hungry? Rarely do people think about the colors that they choose to paint their kitchens. They are often too busy worrying about whether the kitchen will match the rest of the home, or whether the colors will be...
Beaumont CA REALTORS (As Published in Reuters) - U.S. employers stepped up hiring in October and the jobless rate ticked higher as more workers restarted job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama's re-election chances....
Mortgage markets ended the week slightly better last week. Wall Street took its cues from U.S. economic data, from developments in Europe, and from the Federal Reserve, moving mortgage rates lower in New York and nationwide. Pricing for both conforming and FHA mortgage rates...
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