This comes from Jeannie Niles Real Estate Investment Page:
It can be very profitable purchasing bank owned properties in the current real estate market. This endeavor comes with various frustrations that vary from lender to lender.
The optimum situation is where the lender/seller* responds quickly to offers, is knowledgeable and the transaction goes smoothly.
I have sold REO [...]
My friend, Mark Welch just sent me this in an email:
“As a new school year is beginning across the country, I thought you would enjoy the facts below about education in America”.
Gotta Go Back… Back… Back to School Again
The cast of Grease 2 began the movie with an ode to the end of summer and [...]
August 11th, 2008 Brett Ellis Posted in Southwest Florida Real Estate:
Buyers who wish to buy with no money down had better hurry, because the new Housing Bill signed recently essentially eliminates down payment assistance from the seller on all FHA loans, and Congress added in the bill a provision that the new minimum down payment [...]
Continue reading about No Money Down Payment Assistance Programs Going Away Oct 1
This article was sent to me by Mark Welch with Connect Financial Services:
Tired of heat and energy prices skyrocketing out of your budget? Now you can do something about it…and your mortgage can help!
Energy-efficient improvements, such as installing double-paned windows and additional ceiling insulation, can save you money every month, not to mention pay for [...]
Continue reading about Green Mortgages Equal Larger Loans and Efficient Homes
Jim Wasserman wrote in the Sacramento Bee today:
The notion of a single, statewide multiple listing service to help Californians buy and sell homes advanced Wednesday with the appointment of technology entrepreneur Scott Kucirek to lead the effort.
Kucirek, who co-founded the tech-oriented ZipRealty brokerage in 1999 in Emeryville, was hired by the California Association of Realtors [...]
Continue reading about Statewide realty listing service is on the drawing board
Column By DAVID McPHERSON on ABCNEWS.GO.COM:
If you’re a homeowner, or wish to become one, you need to know the details behind the housing bill pushed through Congress and signed recently by President Bush.
Though triggered by the crisis in the mortgage market, the new legislation goes well beyond helping those facing imminent foreclosure. The Housing and [...]
Continue reading about What the New Housing Bill Means to You
Jim Wasserman writes about Johnathan Stein in the Sacramento Bee:
As an attorney, Jonathan G. Stein long ago carved out a legal specialty in consumer debt cases. His timing was good. Amid the downturn in housing, he has become a leading foreclosure expert.
Business Week magazine recently noticed. On July 30 it named Stein one of the [...]
This Story appeared in OUR REGION section of The Sacramento Bee, Page B2, written by: Phillip Reese
Thanks to the housing bust, Sacramento homeowners, on average, have less home equity than residents of almost all other metro areas in the country, financial magazine Forbes reported this week.
Local homeowners have an average of just 28 percent equity. [...]
Continue reading about Capital homeowners have less equity, Forbes magazine says
After viewing the totally awesome and inspriring Jonas Brothers on Good Morning America I was equally inspired when I read Jim Wasserman’s article today in the Sacramento Bee.
Jim says:
The nation’s new housing bill will offer a lifeline to an estimated 400,000 struggling borrowers starting Oct. 1, including many in Sacramento. How can you get yours?
Nothing is [...]
Continue reading about Home Front: Housing bill offers some hope
Carol Lloyd, Special to SF Gate writes:
Not so long ago I was at my father’s house, and I heard him on the phone, arranging a visit with someone. When he hung up, I inquired about who he was making plans with.
“A very nice guy who called me,” he told me. “He’s coming to assess [...]
Continue reading about Reverse mortgages: Bad rap or bad idea?