9/14/2011 7:13:00 PM
What is Foreclosure?
What is Foreclosure? To different people it means different things, and I realize there is a lot of confusion about this topic even among Realtors. I am not an attorney, nore a finance guru, but as a residential real estate consultant with foreclosure specific ...
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10/4/2010 1:54:00 PM
OCC Orders Largest Lenders to Review Foreclosure Processes
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Views: 840
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8/16/2010 10:09:00 AM
FHA Insurance Rates to Change Soon
The Federal Housing Administration ( FHA ) has previously indicated it was going to change its insurance premium rates in September 2010. Now, due to concerns raised by the industry about readiness, the planned adjustments have been pushed up by a month. HUD ...
Views: 323
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8/5/2010 9:15:00 AM
Obama Administration Shifting Focus of Foreclosure Prevention to Local Level
North & South Carolina, Oregon, Ohio, and Rohde Island are some of the hardest hit states regarding the housing market. The reason for it is mostly the high unemployment rates in these regions. To combat the foreclosure rates at these states, the administration ...
Views: 314
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7/1/2010 8:43:00 AM
Bill Reversal? Tax Credit Closing Date Extension Approved in Senate After all!?
In a stunning reversal of a vote from last week, striking down an extension of the deadline for home purchase closing date, Congress approved a three month extension to qualify for up t0 $8,000 in federal tax credits. Buyers who already have signed contracts ...
Views: 1611
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6/28/2010 8:55:00 AM
Home-Buyers' Tax Credit Extenssion Defeated by Republicans in Senate
An amendment that was supposed to extend the closing deadline for the homebuyer tax credit by three months was defeated in Senate. Senate Majority Leader Democrat Harry Reid (D-Nevada) proposed the extension. While the amendment itself was approved by a large ...
Views: 525
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5/25/2010 10:08:00 AM
NJ Home Buyer Tax Credit Legislation Approved by General Assembly for 2010!
Tax credit on the local lever has been recently approved by NJ State legislature through bill A-1678/S-692. This bill established a NJ Home Buyer Tax Credit Program to credit home-buyers for purchases made within a one year span following the law enactment ...
Views: 209
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5/7/2010 10:08:00 AM
News-Flash: FHA Will not Increase Downpayment
Recently we have reported on the new FHA changes that raised the mortgage insurance rate to go from 1.75% to 2.25% in order to offset declining reserves caused by high default rates. We also noted that later this year the required minimum downpayment for an ...
Views: 219
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4/14/2010 12:52:00 PM
Hoboen Rent Control Letter from Hudson County Taxpayer Association
The following letter is a call to action by Hoboken property owners. Please feel free to forward the URL to friends and family in Hoboken. ------------------------------------------------------------------------- HUDSON COUNTY TAXPAYERS ASSOCIATION ROBERT ...
Views: 669
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4/12/2010 2:45:00 PM
New HAFA Regulations Explained
In the beginning of April 2010 the Obama administration has implementing new regulations regarding defaulted FHA backed mortgages. These changes are important for both buyers and sellers to note, as they
have significant implications. In this article I will ...
Views: 315
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