Loan modification: Still showing signs of failure
THE worsening housing sector due to homes being underwater still has a great effect of our economies recovery, why are you not hearing this topic more often being resolve than…
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Home prices finally hitting rock bottom: Is this the time to buy?
ZILLOW’S first-quarter home value report found that home values posted their biggest monthly gain since 2006 last month, rising 0.5% nationwide. The data show that 19 of the 30 largest…
Is your short sale agent doing a good job for you?
SHORT selling your home is such an important and stressful step in your life and it’s the springboard into your future so you wont have anymore sleepless nights. It is…
Strategic defaulting: A moral issue ?
Dear Ken, WE ARE thinking about walking away from our home. We purchased our home in 2005 for $457,000. In December of 2006 we got a 2nd mortgage HELOC of…
Things you should know about Loan Modification scams
LOAN Modification Scams are growing like wild fire and its consider white collar crime. In my opinion these types of crime are hard to prosecute and if prosecuted it gets…
Obama’s help for ‘responsible homeowners’
WE HAVE been getting a lot of calls in regards to the new Obama Refinancing Programs and the supposedly more aggressive “Loan Modification Programs” that is geared more towards “Responsible…
FHA 3.5% down purchase money fees increase dramatically while refinancing costs decline
EFFECTIVE June, 2012: Fees for refinancing will fall sharply, as the upfront mortgage insurance decreases to 0.01 percent of the base loan amount, from 1 percent, starting on June 11….