Foreclosure

Everything about living in Howard County

ONLY event where you can learn everything about living in Howard County.

Also posted in "Green" Living, Blogging, buyers, Certified Distressed Property Expert, Community News, Consumer News, FHA, Finances, Financing Options, First Time Home Buyer Tax Credit, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, 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 | Comments closed

Buying a Home Now Is a No-Brainer by Ali Velshi

Buying a Home Now Is a No-Brainer

Also posted in Bowie Homes, Bowie Maryland Homes, Bowie News, buyers, Consumer News, Crofton Homes, Current market Index, Economic Stimulus, first time home buyers, First-time Homebuyer, First-time homebuyers, Local Real Estate News, real estate, real estate information, real estate news | Tagged , , , , , , , , , , , , , , | Comments closed

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, Financing Options, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, 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 , , , , , , , , , , , , | Comments closed

Counties pushed for revenue, get creative and Short sales could come to screeching halt!

The position the County has taken has caused some grave confusion and concerns for many in the real estate industry because it is contrary to how short sale transactions have been charged recordation and transfer taxes to date.

Also posted in Bank owned bargains, buyers, Certified Distressed Property Expert, Consumer News, Current market Index, Finances, First Time Home Buyer Tax Credit, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, Future of Real Estate, government bailout, home inventory, home values, housing market, Interest Rate update, real estate, real estate information, real estate news, Real Estate Report, Realtor, Short Sale, Tax, Tax Credit, the Future of Real Estate, Tips on short sales, Uncategorized | Tagged , | 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, Financing Options, First Time Home Buyer Tax Credit, first time home buyers, 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 | Comments closed

If You Don’t Buy a House Now, You’re Stupid or Broke. Business Week by Mark Roth.

This article was featured in Business Week. At first the headline seems very to be a very insulting statement! But the writer, Mark Roth, uses this dramatic title to get your attention to make excellent points for those who are on the fence. Namely those interest rates are at an all time low, in fact, … Continue reading If You Don’t Buy a House Now, You’re Stupid or Broke. Business Week by Mark Roth.

Also posted in Finances, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, Foreclosure task force, home inventory, home values, housing Bust or Housing Boom, housing market, pending real estate sales, real estate information, real estate news, Real Estate Report, Realtor, sellers, Short Sale | Tagged , , , | 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, Financing Options, First-time Homebuyer, Future of Real Estate, government bailout, housing market, Interest Rate update, Lenders, Local Real Estate News, real estate | Tagged , , , , | Comments closed

New Home Buyer’s Tax Credit is now in effect!!

Tax Credit for Homebuyers (First Time and Previous Home Owners) First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of … Continue reading New Home Buyer’s Tax Credit is now in effect!!

Also posted in "Green" Living, buyers, Certified Distressed Property Expert, Economic Stimulus, Energy Savings, First Time Home Buyer Tax Credit, first time home buyers, First Time Home Buyers Tax Credit, First-time Homebuyer, First-time homebuyers, real estate news, Uncategorized | Tagged | Comments closed

Forecast Expects Foreclosures to Decrease in Coming Year

The latest data released by UFA L.L.C., a firm located in Ann Arbor Michigan that researches mortgage activity, states that foreclosures are expected to decrease in the next year.  After four years on the rise there is no doubt that it will be nice to see foreclosures start to subside. Improvements in the foreclosure arena … Continue reading Forecast Expects Foreclosures to Decrease in Coming Year

Also posted in Consumer News, Local Real Estate News, real estate | Tagged | Comments closed

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