Thugs and Czars

[photo:listing:2662051] Just move in! •This is it!  2.5 bath, 4 bdrm 2 1/2 story - $269,900 - New on the market! Richland, Suwanee  -  A joy to come home to! Fully updated home with the comfort of an older home! Cherry hardwood floors beam all over the main level! An inviting spacious living room and dining room for the ...

In case you did not know, interest rates are exceedingly right now.  But, you have not found the home you want to buy yet?  No Problem... there are loans available now that you can lock the interest rate now and then shop for your home.  You can lock the rate for 6 months and be guaranteed to close at that rate if you close within ...

With all the negative reports in the media about the housing slowdown, it is small wonder that you would be afraid.  Despite some of the mortgage options not being available (you did not want them anyway), now is the RIGHT time to buy!  Let me point out a few facts that back up that claim: 1.)  Rates are lower right now than they ...

On October 1, 2007, HUD prohibited the source of down payment assistance that consisted of funds provided by the seller, or any other person or entity who financially benefits from the transaction.  The funds also could no longer be from any third party that is reimbursed by the seller.  This regulation was effective 10/31/2007.  ...

[expires:2010-11-18:Note that this information is outdated.] The Act is a consumer protection statue that covers loans secured with a mortgage, which includes most purchase loans, assumptions, refinances, property improvement loans and equity lines of credit. The purpose of RESPA is to help consumers become better shoppers and eliminate ...

[expires:2010-11-18:Note that this information is outdated.] The Fair Housing Act covers most housing, and was born out of the Civil Rights Act of 1968. In some circumstances, the Act exempts owner-occupied buildings with no more than four units and single-family housing sold or rented without the use of a broker. I CANNOT, AND WILL NOT, ...

If you want to buy a home now, but your credit needs some work, consider a Lease-Purchase for a year.  You can improve your credit over the year and, in the meantime, live in the home you want.  At the end of the year, you can get your financing and you won't have to move again!  There are many homes on the market that may be ...

More on yesterday's post... Sure enough, 'good' new is 'bad' news for mortgage interest rates.  Today, we hear that 110,000 new jobs were created in August, as well as 118,000 new jobs in June and July.  Today, the mortgage interest rates are higher, but not a huge jump.  For a 30-year fixed rate, it looks like ...

Only 15% of the subprime loans became foreclosures, but we got rid of ALL subprime loans. They also got rid of 80/20 loans, which can be good.  This, I feel, is one of those things that can and does hurt lenders.  If no one is investing in the home, and the market value goes down, it is easy to walk from the property.  And, the ...

There is no magic that will get your buyer for your home tomorrow.... BUT, there are ways to get your buyer quicker.  Here is a list of DO'S AND DON'TS: 'DO' LIST 1.  In this market where there are 13 months of inventory, you must HIRE A PROFESSIONAL REALTOR to market your home effectively.  Get an agent who works ...