Fantastic newer construction home on a large lot! Gleaming hardwood floors, decorative finishes, custom cabinetry, high-end finishes, 3 bedrooms on one level, huge living room area, gorgeous kitchen! There is even a 3 car garage – rare for this area. This home is ready and waiting for you to move right in!
Freddie Mac (OTC: FMCC) today announced it is streamlining its policies and processes so all Freddie Mac servicers can approve short sales for borrowers facing sudden financial stress due to divorce, death, disability or other common hardships on their own authority. Additional changes will also make it easier for servicers to process short sales for [...]
“When it comes to assessing a home’s value, real estate agents and homeowners tend to be an optimistic bunch.” In the post-bust world, appraisers are a different story. They have to predict a realistic value for your home that the bank can use to extend credit to a borrower — and that number can make [...]
Home buyers who are looking for big discounts on housing nowadays are finding that their lowball offers are no longer sticking with sellers, and that their offers are getting a flat-out “no” when they’re way below the asking price. “Right off the bat, buyers say, ‘I want a steal,’ and I tell them they have [...]
As part of a settlement with state attorneys general, the five largest mortgage servicers are adopting new requirements for short sales, which is expected to speed-up what has been known as a lengthy process. Here are some of the new requirements for servicers under the settlement: Servicers must provide borrowers with a decision within [...]
Don’t miss the Macalester-Groveland/ Highland Home Improvement Fair The 19th annual Home Improvement Fair will take place on Saturday, April 2nd, 2011 at Cretin Derham Hall (550 South Albert Street) from 10:00am to 3:00pm. The fair is one of our neighborhood’s most popular events, bringing in over 80 exhibitors and 20 workshops to help you [...]
5 Mortgage and Foreclosure Myths In a mortgage market that changes as quickly as this one, today’s fact is tomorrow’s fiction. For buyers, misinformation can be the difference between qualifying for a home loan or not. Sellers and owners, knowledge is foreclosure-preventing, smart decision-making power! Without further ado, let’s correct some common mortgage misconceptions. [...]