Real Estate Talk with Mey

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Title Insurance - Trident Title LLC
RECENT BLOG POSTS
The question I get every day "How long will it take to have my short sale approved?" Here is current information to help answer that question. As noted in Distress Property Institute's Blog, how are the banks doing with regards to approving the short sales and their timelines.... Prime: 1. GMAC -...
07/15/2010
WASHINGTON - July 13, 2010 - It's a common Realtor complaint: A property going to contract appraises for less than expected. The buyer cannot put more down; the seller will not lower the price; the sale falls apart.In some cases, however, the appraiser is not the cause. Banks - fearful of Fannie ...
07/13/2010
  Article courtsey of Condo Vultuers Sunday, 11 July 2010 19:52 http://www.condovultures.com/home/6335-banks-repossess-4000-south-florida-properties-per-month-in-2010.html   Banks repossessed an average of 4,000 South Florida properties per month in the first half of 2010, representing an 83 per...
07/13/2010
House approves homebuyer tax credit extension By Tami Luhby, senior writerJune 30, 2010: 8:44 AM ET NEW YORK (CNNMoney.com) -- The House of Representatives voted Tuesday to give first-time homebuyers three more months to close on their purchases and land an $8,000 federal income tax credit. But t...
06/30/2010
Home Affordable ModificationMany homeowners are struggling to make their monthly mortgage payments perhaps because their interest rate has increased or they have less income. A Home Affordable Modification will provide them with mortgage payments they can afford. Home Affordable Foreclosure Alter...
06/30/2010
WASHINGTON - June 22, 2010 - More troubled mortgage borrowers are failing out of the Obama administration's foreclosure-prevention program than are winning permanently lower home payments, the government reported Monday.Borrowers who qualify for the Making Home Affordable program receive a three-...
06/25/2010
Economists speaking at the recent annual meeting of the National Association of Real Estate Editors said the housing market likely will not recover until 2013. Stan Humphries, Zillow chief economist, said home prices continue to decrease, and he sees the "tremendous amount of shadow inventory" de...
06/25/2010
Washington, June 22, 2010 Existing-home sales remained at elevated levels in May on buyer response to the tax credit, characterized by stabilizing home prices and historically low mortgage interest rates, according to the National Association of Realtors®. Gains in the West and South were offset ...
06/25/2010
ORLANDO, Fla., June 22, 2010 - Sales of existing homes in Florida rose 18 percent in May, marking 21 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. A total of 16,745 single-family existing homes sold st...
06/25/2010
Having been on the buying and selling side of numerous short sales, I've encountered many things that can derail a short sale transaction. While many of these will be beyond your control, it's good to be aware of them before you list your home as a short sale or pursue a short sale as a buyer.  1...
06/08/2010
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