Millennials Flock to Low Down Payment Programs
Millennials Flock to Low Down Payment Programs. Among millennials who purchased homes in January, FHA loans remained popular, making up 35% of all loans closed
Careful…Don’t Get Caught in the Rental Trap
Careful…Don’t Get Caught in the Rental Trap. There are many benefits to homeownership. One of the top benefits is being able to protect yourself from…
Why it’s Important To Hire A REALTOR To Sell Your Home
Why it’s Important To Hire A REALTOR To Sell Your Home. When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles. However, for the majority of sellers, the most important result is getting their homes sold.
The REAL News about Housing Affordability
Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates.
Changes Just Announced for Fannie Mae and Freddie Mac Short Sales
Over the course of the past year and a half, C.A.R. has been working vigorously to address your concerns related to short sale transactions. As a direct result of our efforts, we have made significant improvements through discussions with legislators, housing...
Fannie Mae Says Housing Sales are up in June 2012…More Short Sales to Come
Housing Sales are up as expected for the traditional summer months. With Foreclosures down, Short sales are helping this rise in sales. The national economic outlook looks less robust going into the second half although modest growth is still expected, Fannie Mae said...
California Homeowners Bill of Rights Leaves Room for More Short Sales
Governor Brown signing the Bill of Rights protects homeowners from foreclosure if they have an approval from their lender for a Short Sale. In the past, this was a conundrum for homeowners planning to successfully short sell their home however, the mortgage company...
Bank of America Increases Homeowner Incentives to Short Sale
Here is an excerpt from todays notification... Short Sell and you could get up to $30,000 from Bank of America Short Sale Relocation Assistance Program: Your clients could receive $5,000 to $30,000 in relocation assistance Your financially distressed clients...
California…”Dual Tracking” the Foreclosure Process with Loan Mods and Short Sales is Illegal
Governor Brown Passes massive Foreclosure reform California Homeowners Bill of Rights making it illegal to "dual track" a homeowner that is "actively seeking and engaged " in "foreclosure prevention" (Loan Mod, Short Sale, Deed in Lieu) while, at the same time,...
How to Navigate The Short Sale Process
How to Navigate the Short Sale Process on Prezi
Making Changes….Is A Short Sale Right For You?
It's just 4 walls... Sometimes the toughest things in life are making changes, big changes that will cause great change in your daily life as well as your families life. I'm talking to anyone that is a homeowner and is confused, scared, just plain struggling...
Bank of America HAFA Guideline Changes for June 1, 2012
Home Affordable Foreclosure Alternatives (HAFA) Short Sale Update HAFA Supplemental Directive 12-02, effective June 1, 2012, impacts short sales with loans from non-government-sponsored enterprises in which the homeowner is eligible for the HAFA program. Key...
CHASE Dominates HARP 2.0
Wells Fargo and JPMorgan Chase dominated new Home Affordable Refinance Program loans so far, according to bank analysts. The Federal Housing Finance Agency HARP to allow more severely underwater Fannie Mae and Freddie Mac borrowers refinance. HARP refis...
Bank of America Forgiving 2nd Lien’s
Bank of America just announced that they will adhere to recent government pressure and begin releasing 2nd liens and releasing their rights to pursuing the seller of a Short Sale. What Bank of AMerica is offering is a result of the agreement with the Nations States...