Archive for May, 2008
« Previous EntriesHow To Stop ID Theft - Orlando Real Estate
Thursday, May 29th, 2008Consumers are proving they can turn back time on identity theft by following a prescribed program of diligent document protection and criminal deterrence.A well-measured program of preventive steps can protect your identity from theft.
ID theft-related fraud fell by 12 percent in 2007 and 300,000 fewer adults were victims, according to the latest from Javelin Strategy […]
Senate Takes On Mortgage Walk-Away - Orlando Real Estate
Wednesday, May 28th, 2008Recently came across this information thought some of you might find it interesting.
The Senate Banking Committee has just passed the Federal Housing Finance Regulatory Reform Act of 2008 by an overwhelming and bipartisan vote of 19-2.
Buried in the proposed legislation is something new and revolutionary, an effort to stop mortgage walk-aways.
Walk-aways arise when a borrower […]
The VA Jumbo Mortgage - Orlando Real Estate
Tuesday, May 27th, 2008
For years, the Veterans Administration has allowed “Jumbo” VA loans; it’s just that hardly anyone knew about them. The current VA loan limit with zero down, is $417,000, matching the conforming loan limits set by Fannie Mae and Freddie Mac. But the VA does make allowances for VA loans above that amount … way above. […]
Orlando Real Estate - Fannie Mae nixes extra 5% down
Monday, May 26th, 2008Update
Fannie Mae nixes extra five percent down in “declining markets.” On May 16, the country’s largest secondary mortgage market company, Fannie Mae, announced that it will no longer require borrowers to put up an extra five percent down payment when purchasing homes in areas deemed “declining markets.” According to an NAR: “Fannie Mae had been […]
Orlando - Looking for Foreclosures? Sharing My Personal Source List!
Wednesday, May 21st, 2008National REO Banks:
Bank of America - REO Search
Bank One - REO Search
Beal Bank - Commercial
CitiMortgage - REO Search
Compass Bank - REO Search
Countrywide - REO Search
Downey Savings & Loan - REO Search
Freemont Investment & Loan - REO Search
First Union Bank - REOs
GreenPoint Financial - REO Search
GRP Financial […]
Windermere Florida Home for sale
Tuesday, May 20th, 2008Orlando, Windermere Fl. Real Estate - Get your home ready to sell
Monday, May 19th, 2008
Get Your Home Ready To Sell
In preparing your house to sell, ask yourself over and over if your house looks like someone else’s dream house. Houses in move-in condition tend to be inviting to buyers; houses that are like new typically sell the fastest and procure the best price.With that in mind, here are a […]
“I want to wait for prices to drop more” Orlando real Estate
Friday, May 16th, 2008
If Buyers are saying that then Let them know that waiting may well make their home MORE expensive not less! How is that possible if the price drops? Unless the Buyer really does pay all cash even a small increase in intrest rates can wind up wiping out most if not all of saving from […]
The Fed: Betting on a rate hike - Orlando Real Estate
Thursday, May 15th, 2008
There is a growing sense that the worst of the credit crunch may be behind us. And despite a tamer-than-expected reading for April, inflation is still very much a concern for many Americans.
So with that in mind, could the Federal Reserve be forced to raise interest rates before the end of the year….even in the […]
Why should the government bail out homeowners? - Orlando Real Estate
Wednesday, May 14th, 2008
I just don’t understand the course we’re on.
Since when is it OK to just walk away from your responsibilities when things don’t work out the way you wanted them to? Many people treated their homes like a day-trade on the stock market. Now that their ‘gamble’ isn’t working out, they seek government bailouts (not unlike […]