Friday, November 30, 2012

Home Depot Beats Street Estimates

I have been watching HD for a while now thinking about adding this issue long in my retirement account believe it or not.� Before you say I am crazy, remember that most of those foreclosed homes that now make more than 50% of all sales in the bubble states need a good amount of repair [...]

Source: http://mrmortgage.ml-implode.com/2008/11/18/home-depot-beats-street-estimates/

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Foreclosure Discount Falls to 7.7 Percent Nationally

Today Zillow released a new foreclosure discount analysis that takes a new approach to answering the question, ?How much can I save by buying a foreclosure??

Source: http://feedproxy.google.com/~r/ZillowBlog/~3/E7PwFY8MfzA/

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No-Cost Mortgages Still Cost

No-cost mortgages offer consumers the ability to pay no closing fees, but the fees associated with these loans still need to be paid, and the cost comes in the form of a higher interest rate.

Source: http://feedproxy.google.com/~r/ZillowBlog/~3/iHG7ejfxFoA/

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5 Great Plants for Indoor Gardens

You don?t need acres of rich, black soil in order to reap a harvest.

Source: http://feedproxy.google.com/~r/ZillowBlog/~3/e7EKJwgq6cg/

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New Mortgage Appraisals Proposed For High Risk Borrowers

A new rule has been proposed, by joint council of financial regulators, that would require lenders to obtain new home appraisals before making any high-risk mortgage loans. As an amendment to the Truth in Lending Act, created by the Dodd-Frank Act of 2010, regulators from agencies like the Consumer Financial Protection Bureau and the Federal [...]

Source: http://www.loan.com/blog/2012/08/15/new-mortgage-appraisals-proposed-for-high-risk-borrowers/

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No-Cost Mortgages Still Cost

No-cost mortgages offer consumers the ability to pay no closing fees, but the fees associated with these loans still need to be paid, and the cost comes in the form of a higher interest rate.

Source: http://feedproxy.google.com/~r/ZillowBlog/~3/iHG7ejfxFoA/

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New Mortgage Rules - What's Being Proposed?

Every year, federal agencies propose new mortgage rules that can affect everything from buying homes, to getting loans, to selling homes. Here are the latest rules that are up for discussion: 1. Fewer fees If you're completely confused by all of the different numbers -- and you don't know how to tell a good loan offer from a bad one -- a potential new rule could help.

Source: http://EzineArticles.com/7315022

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Tuesday, November 27, 2012

Better Schools Equal Fewer Foreclosures For Sale

When a potential homebuyer is looking for a house, many variables are taken into account, but generally "location, location, location" are the top three. This becomes an especially important consideration if the family involved has children who will be attending public school.

Source: http://nationalmortgage04.ipd-las-icarus.iproduction.com/msn_features/better-schools-fewer-foreclosures-1027576-1.html?CMP=OTC-RSS

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The Federal Housing Administration Supports American Homeowners

Chances are if you have bought a home or are looking into buying one, someone has brought up the Federal Housing Administration. Referred to as FHA, this government agency insures mortgages for American homeowners to lower lending requirements. Since 1934 they have insured more than 34,000,000 mortgages for single family and multifamily homes.

Source: http://EzineArticles.com/7363834

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Evidence Shows That the Mortgage Market May Finally Be Recovering

During the past 5 years of the credit crunch in the lending institutions have tightened lending criteria and the range of mortgage deals has significantly reduced. But could the mortgage market be on the verge of recovery?

Source: http://EzineArticles.com/7328361

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Providence RH bankruptcy seen as unavoidable on budget gap

This is unfortunate events but in the end, these functions are beneficial.� By taking the pain now and restructuring programs to meet the available funds for ongoing operations.� We will and need to see much more of this so we can not have states running unsustainable budgets that they will not impose taxes and fees [...]

Source: http://www.bankreorealestate.com/credit-news/providence-rh-bankruptcy-seen-as-unavoidable-on-budget-gap.html

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