From the Blog
The sales agent is not always the one with the most sales under his or her belt, or the most years on the job. The agent is one who listens to you, is easy to get along with, and has the tools and skills to address your unique situation. Every home buyer is different. Some… Read More
Introduction With this Announcement, Fannie Mae is introducing several new and updated policies that pertain to the following topics: Conversion of principal residence to second home or investment property: new requirements for borrowers who are purchasing a new principal residence, and intend to convert their existing principal residence to a second home or investment property…. Read More
The program was due to expire on June 30 but will now continue until that date in 2012. The Home Affordable Refinance Program (HARP) has been extended for another year according to information released on Friday from the Federal Housing Finance Agency. On March 1, 2010, the Federal Housing Finance Agency (FHFA) announced the extension… Read More
How does a maintenance deductible work? For example, if the tenant’s maintenance deductible is $75, and the owner’s expense for repairing a faulty A/C unit is $400, the tenant would reimburse the landlord $75 upon completion of the A/C repairs and presentation of the final invoice.
In light of the rising number of property foreclosures in the United States, the government has expanded the Home Affordable Modification Program (HAMP) to include provisions and incentives for servicers to allow short sales or deeds-in-lieu as positive options for eligible homeowners in default who wish to avoid foreclosure. The new program is called Home… Read More