Don’t Foreclose! Do A Short Sale
April 3, 2010 by Monica McNamara · Leave a Comment
Don’t foreclose! Do a short sale Short sales are the hottest thing going in the distressed-property market, and the trend is expected to get even hotter in coming weeks, when the government starts handing out cash to encourage lenders to close these deals. “Banks have ramped up short sale approvals,” said Duane Legate of House [...]
New RESPA Changes – What That Means To You
January 4, 2010 by Monica McNamara · Leave a Comment
HUD, (Housing and Urban Development), in an effort to improve disclosure of key loan terms and closing costs paid by the consumer when they buy or refinance a property, HUD has reformed the RESPA Rules. Here is a summary of the final rule: Good Faith Estimate – now it will be a three page document, [...]
What Should I Buy?
August 6, 2009 by Monica McNamara · Leave a Comment
When I work with a prospective purchaser of real estate, I always want to find the best possible match for you. Is it in the right price range? I always insist that a buyer be pre-qualified to determine their borrowing power. It helps me pick the right properties, and you to know where you stand [...]
