This Week in Consumer

Atty. Kenneth Go

Columns Archive


Great news for borrowers with foreclosure or short sales

THIS article is from bankrate.com.  As I have been hoping with predicting is that lenders will continuously change guidelines to help homeowners that went thru the recent mortgage crisis due to the recessions. I also mention that the lenders will … Continue reading

September 07, 2013

The two main ingredients of our housing recovery is still missing

THE News again is very confusing, one day you will hear market condition is getting better, the next time you tune into your news you will hear that all of a sudden housing market is becoming bearish.  That is what … Continue reading

August 31, 2013

Mortgage guidelines set to be easier, foreclosed clients might be able to buy sooner than expected

THE new rules to streamline the mortgage application process might come into effect after this summer.  By the end of August, regulators will release a “softer” version of rules overseeing how banks finance mortgages. The Dodd-Frank financial reform bill tasked … Continue reading

August 24, 2013

2013: The final year of the short sale

LENDERS as I thought are more aggressively helping homeowners modify their mortgages. I have seen more loan balance forbearance lately.  Another term for that is a loan modification with a Balloon payoff for the remaining balance.  Lenders will structure this … Continue reading

August 17, 2013

How not to overpay for a property because of the shortage of homes for sale

FOR the past year or so there has been real signs of the inventory of houses for sale to be really low, in fact all time lows. Usually an average city hold about a three month inventory of homes for … Continue reading

August 10, 2013

Search Column