Author Archives: Shaun Greer
By:
Shaun Greer on Dec 14th, 2011
Mortgage rates have not been this low since 1975. This should help take some of the invintory off the market.
By:
Shaun Greer on Dec 3rd, 2011
With these extra fees putting the homeowner in a worse position and having them fall even more behind, the mortgage institutions are under direct scrutiny over the legality of these fees and their execution.
By:
Shaun Greer on Nov 23rd, 2011
The steps of foreclosure begin when the lender is no longer willing to work with the property owner to bring the loan balance to current status. While there is no concrete law regarding the number of missed payments which must have occurred, some lenders are willing to delay longer than others hoping to avoid the cost, time and paperwork involved.
By:
Shaun Greer on Nov 16th, 2011
Approval of the extension of the home buyer tax credit, for first time home buyers, has given home buyers until September 30, 2010 to arrange a closing and still qualify for the $8,000/$6,500 tax credit. The original deadline was June 30, 2010 but due to data released in May 2010 revealing sharp declines in sales of existing and new homes and continued foreclosure activity.
By:
Shaun Greer on Nov 6th, 2011
From mortgages, interest rates and rising foreclosure numbers, a first time home buyer has a lot more to think about than simply choosing a house he or she loves.
By:
Shaun Greer on Oct 20th, 2011
President Bush and Treasury Secretary Henry Paulson has announced their plans to help reduce the number of foreclosures and assist troubled homeowners nationwide.
By:
Shaun Greer on Oct 15th, 2011
It never seems to amaze me how property taxes go up while real home values go down. Here is what you can do to not pay extra.
By:
Shaun Greer on Oct 9th, 2011
First, the term applies to a permanent change in one or more of a borrowers existing mortgage terms. If the attempt is successful, the borrower may have his or her loan reinstated resulting in financial changes the borrower can afford. However, like the Clint Eastwood movie, there is the good, the bad and the ugly in modifying a mortgage loan.
By:
Shaun Greer on Oct 4th, 2011
Should regulations be put on the mortgage industry to provide a stable and profitable real estate market?