Monthly Archives: July 2010

How Financial Reform Impacts Homeowners and Buyers

How Financial Reform Impacts Homeowners and Buyers July 19, 2010—“Homeowners and buyers who are sitting on the sidelines should get moving today, unless they want to get blindsided by the impact of a new law,” said Gibran Nicholas, Chairman of … Continue reading

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California Tax assessments to go down

If you own a home in California, chances are the assessed value of your property just dropped. County assessors statewide are releasing this year’s property tax rolls – the total assessed value of all properties in a given county – … Continue reading

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Foreclosure update

According to “Q1 2010 National Delinquency Survey” from the Mortgage Bankers Association, there is a “shadow inventory” of 4.3 million loans that need to worked through (90 day delinquent or in foreclosure) or they will become REOs or distressed sales. … Continue reading

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5 questions Homeowners Have About Default

With so many homeowners facing tough decisions about their mortgages in or approaching default, questions abound about how to best handle the complex situation with the bank lenders they’re indebted to. To help clarify such confusion and shed light on … Continue reading

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Pending Home sales drop

Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the National Association of Realtors. The Pending Home Sales Index, … Continue reading

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FHA Loans “7 Things All Borrowers Should Know”

—FHA Pros, LLC, a national FHA condo approval service, has developed a list of facts speaking to the top misconceptions associated with FHA loans in order to help home buyers better navigate an already confusing market. FHA loans are mortgages … Continue reading

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Do You Know What Impacts Your Credit Score? Take This Quiz

Do You Know What Impacts Your Credit Score? Take This Quiz and Find Out According to credit experts, 42% of U.S. consumers have credit scores between 550 and 699. As a result, these consumers typically don’t qualify for preferred interest … Continue reading

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