ARCHIVED BLOG POSTS
2008
Due to all the recent activity with interest rates, I have received many questions about refinancing from my clients who have bought over the last few years. Since you may be thinking about refinancing I thought I would share some of the things I have discussed with those clients.1. The Federal...
01/31/2008
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Question: How does a home go into foreclosure? Answer: Foreclosure proceedings usually begin after a borrower has skipped three mortgage payments. The lender will record a notice of default against the property. Unless the debt is satisfied, the lender will foreclose on the mortgage and proceed ...
01/30/2008
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What is a short sale and how does it affect you buying or selling a home.Short Sales, Short Sales, Short Sales... They look so tempting, so inviting and like such a great DEAL to the buyer. On the other hand, for the seller it represents not being able to sell the home for the price that is due ...
01/29/2008
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What a week in the markets. Let's take a moment to analyze what happened. The best news of the week is that Congress has come to the table with an emergency economic plan that raises both the FHA and Conforming limits. The package proposes lifting the dollar amount of loans that are eligible for ...
01/26/2008
I've prepared to show homes and noticed several of the homes I've wanted to show to my clients had offers on them. Which gave my buyers a good feeling to go out and buy a home. Also I am just finishing an open house and I had excellent traffic all day long. I've hada total of 9 couples come throu...
01/12/2008