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Sales of New Homes Rise Amid Falling Interest Rates

Interesting article from Bloomberg about the increase in new home sales as a result of falling interest rates.   Sales Of New Homes Probably Rose In U.S. As Mortgage Rates Fell – implode-explode.com Demand for new U.S. homes probably rose in May for the second month as mortgage rates dropped, bolstering the residential real-estate market […]

Cash For Short Selling A House Under New Bank Of America Incentive Program

Bank of America recently announced on its website that it will be considering homeowners that are attempting short sales for seller incentives of up to $30,000.  The incentive program is now being released nationwide after a successful result in a trial program attempted in Florida. ALTERNATIVE SELLER INCENTIVE PROGRAMS Up to this point incentives have […]

Great News! New Federal Guidelines Will Make Short Sales Shorter

[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”] One of the biggest draw backs for a short sale is the amount of time it takes to get approval from the banks servicing the loan(s). In extreme cases it can take […]

Mortgage Settlement Enforcement Monitor Claims Bank Leaders Are Lying to Him + MORE

Some interesting news on foreclosures and mortgage settlement from around the web. If a foreclosure is affecting you, be sure to read the article titled “Foreclosure Feeling Dealing with Real Estate Depression”.   Mortgage Settlement Enforcement Monitor Claims Bank Leaders Are Lying to Him – implode-explode.com “everyone was waiting for the 49 state mortgage settlement” […]