Just when we get used to the current restrictions, it gets worse! Below is a summary of the changes that are now in effect. Read & weep. DU Version 8.0 Release Implemented Fannie Mae successfully implemented the release of Desktop Underwriter® (DU®) Version 8.0 over the weekend of December 12
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12/15/2009
Last Week in the News Retail sales increased 1.3% in November, following a downwardly revised 1.1% increase in October. Excluding automobiles, retail sales rose 1.2%, the largest gain since January. Sales of building materials increased 1.5%, the biggest gain since April 2008. According to the F
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12/14/2009
Blackhawk Real Estate Market Snapshot for December 4, 2009, including homes for sale in Blackhawk* - Nine detached single family homes and one townhome for sale in Blackhawk sold during the month of November 2009. The median sales price of Blackhawk homes was $890,000 for the month of November.
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12/12/2009
Smart Home Energy Monitoring Equipment Residential consumers' home energy use is changing. New smart home energy monitoring equipment can provide a near real-time snapshot of energy usage. With this information in hand, consumers are altering their energy-using behavior and becoming more energy
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12/11/2009
Do you operate from a Business Plan? Once you have you have your vision for your business, it is absolutely critical that you develop a business plan. 1. A lot of Real Estate Agents and Loan Officers don't operate from a business plan. So many of us struggle when we don't have do. An effective
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12/07/2009
Last Week in the News The Labor Department reported that the unemployment rate fell to 10% in November from 10.2% in October. Employers cut 11,000 jobs, the smallest monthly loss since the recession began in December 2007. Payrolls were forecast to decline by 125,000. The Institute for Supply Man
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12/07/2009
Homeowners come to terms with the harsh reality of declining values. I believe we will see movement in the move-up market. Enough time has passed that the reality has set in. Those "waiting it out" for a higher price will decide to sell and move on. The return of jumbo money. Behind the scene
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12/06/2009
Mortgage Rates Have Dropped, Again! Mortgage rates are extremely low. Now is the time to buy or refinance a home. Why act now? A drop in rates provides a tremendous opportunity to refinance and reduce your monthly mortgage payment and potentially save thousands of dollars over the life of your
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12/01/2009
NOW Is the Time to Get a Home Loan! Mortgage rates have dropped AGAIN and are extremely low. This makes it a GREAT time to buy or refinance a home. Why act now? A drop in rates provides a tremendous opportunity to refinance and reduce your monthly mortgage payment and potentially save thousands o
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11/30/2009
2009 Tax Savings Opportunities Many tax incentives were enacted as part of the American Recovery and Reinvestment Act of 2009. Some of these may directly benefit you: Tax Credits. Individuals earning $75,000 or less will receive a tax credit of $400 on payroll taxes paid in 2009 and 2010. Married
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11/30/2009
