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Also posted in "Green" Living, Blogging, buyers, Certified Distressed Property Expert, Community News, Consumer News, FHA, Finances, First Time Home Buyer Tax Credit, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, Foreclosure, Future of Real Estate, home values, Homes for sale, housing market, Howard County Real Estate, Local Real Estate News, Maryland, Maryland Homes for Sale, Maryland Real Estate Training, real estate, real estate information, real estate news, Real Estate Report, Realtor, Social Media | Tagged Howard County Housing Fair | Comments closed
Maryland Mortgage Loans and Solutions – Gordon Haraway
Southern Trust Mortgage, specializing in helping home buyers realize the dream of home ownership. Purchase and Refinance home loans. Gordon Haraway is a Senior Loan Officer with Southern Trust Mortgage in Crofton MD (301) 938-1655
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Treasury hopes new rules send short sales to the rescue of underwater mortgages
In a short sale, a homeowner sells the property for its current market value, which is less than what’s owed on the mortgage, and the lender agrees to accept the lower amount. The new rules that offer participating lenders cash incentives to get them to approve more short-sale deals also allow them only 10 days to approve or reject short-sale purchase offers, said Treasury spokeswoman Meg Reilly.
Also posted in bank foreclosures, buyers, Consumer News, Economic Stimulus, FHA, Finances, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, Foreclosure, Foreclosure task force, government bailout, home values, housing market, Local Real Estate News, Maryland, real estate, real estate information, real estate news, Real Estate Report, Realtor, sellers, Short Sale, Social Media, the Future of Real Estate | Tagged Bowie Real Estate, buyer, buyers, buyers market, First Time Buyers, Foreclosures, home sales, home seller, Maryland, Maryland homeowner, Maryland Real Estate Market, mortgage, real estate market | Comments closed
Teachers, Firemen, EMT or Police Officers can Save 50% on new home!
Are you a teacher, fireman, EMT or police officer looking to purchase a new home? If so, you can qualify for HUD’s Good Neighbor Next Door program and save 50% on the purchase of your home!. WHAT IS THE GOOD NEIGHBOR NEXT DOOR PROGRAM? • The Good Neighbor program is specially designed to help full-time … Continue reading Teachers, Firemen, EMT or Police Officers can Save 50% on new home!
Also posted in bank foreclosures, buyers, FHA, Finances, first time home buyers, First-time Homebuyer, Future of Real Estate, home values, Maryland | Tagged Annapolis, Bowie, Bowie Real Estate, BRAC, buyer, buyers, buyers market, Crofton, First Time Buyers, Foreclosures, Fort Meade, home buyer, Home Sale, home sales, homes, Maryland, Maryland homeowner, Maryland Real Estate Market, mortgage, new home, preapproval, real estate, real estate market, Realtor | Comments closed
Low Mortgage Rates, Catch Them While You Can
Low interest rates have been gracing the real estate market with their presence for the past year but the word on the street is that they won’t be here much longer. While mortgage rates aren’t going to skyrocket out of sight, it is doubtful that they will decrease and certain that they will steadily begin … Continue reading Low Mortgage Rates, Catch Them While You Can
Also posted in bank foreclosures, Finances, First Time Home Buyer Tax Credit, first time home buyers, Foreclosure, Loan Modification, Local Real Estate News, Maryland, Maryland Homes for Sale, Maryland Real Estate Training, Mortgage Info, real estate, real estate information, real estate news, Real Estate Report | Tagged repost | Comments closed
FHA May Be Changing the Rules and trying to close down more fraudulent lenders.
The Federal Housing Administration is proposing to increase the up-front cash paid by borrowers as part of an effort to shore up the agency’s finances, which have been staggered by rising defaults in its flagship mortgage insurance program, according to FHA officials. The changes also include raising minimum credit scores for borrowers who receive FHA-backed … Continue reading FHA May Be Changing the Rules and trying to close down more fraudulent lenders.
Also posted in bank foreclosures, Consumer News, FHA, Finances, First-time Homebuyer, Foreclosure, Future of Real Estate, government bailout, housing market, Interest Rate update, Lenders, Local Real Estate News, real estate | Tagged Bowie Real Estate, FHA, First Time Buyers, home buying, Maryland homebuyer | Comments closed
Be Aware That Freddie Mac Has Introduced New Fees And Has Increased Others
Since home prices have continued to fall, Freddie Mac has determined that they are at a heightened risk of many more mortgage defaults and claims. They report that there may be even more of a housing price decrease in 2009. In light of this news they have increased several fees and added new ones. One of their new fees is a 0.75% fee [...]
Also posted in Consumer News, Freddie Mac, Loan Modification, Local Real Estate News, re-finance | Tagged Freddie Mac, home loans, loans | Comments closed
