The recent drop in home prices may be starting to level off

The recent drop in home prices may be starting to level off.  You can almost feel it starting to happen.  For the first time in a long time folks are starting to talk about purchasing homes again.  If you are wondering about your local real estate market there are some very basic ways to determine […]

The Mortgage Relief Bill

The Mortgage Relief Bill Congress and President Bush recently signed the Mortgage Relief Bill.  What does the bill do?  How can it help struggling homeowners?  There is quite a debate going on regarding this bill.  Many feel that this is “bailing out” homeowners that signed risky loans.  Some say that this bill will only help […]

The Feds May be Saving the Day

The Feds May be Saving the Day The government announced on Friday that it will be essentially taking over the troubled Fannie Mae and Freddie Mac.  Fannie Mae and Freddie Mac currently account for about 50% of the nation’s $12 trillion of mortgages.  What does this mean for homeowners?  Will this be enough to save […]

Should I stay or should I go now

With millions of Americans facing financial hardship and difficulty making their mortgage payments, there comes a time when a homeowner has to decide whether they should continue to make their mortgage payments and burn up their reserves or stop making the payments and conserve their cash savings. The latter obviously will have a negative impact […]

Refi Your Life

The economy is struggling.  Home prices have been falling for several years now.  Foreclosures are increasing monthly.  Gas prices are through the roof.  The dollar is decreasing steadily.  Everything we buy has increased in price.  Unemployment numbers are going up monthly.  It does sound bad, but this can be a great chance to refi your […]

Rate Watch Anyone

Rate Watch Anyone? So you have found the lender that you want to work with.  You understand their fees and you like the loan officer that you are speaking with.  There is just one problem.  Rates aren’t low enough yet.  Your current rate is lower than current rates, or the closing costs involved negate the […]

Online Refinancing

The mortgage market has changed dramatically in the last 10 years.  Homeowners are no longer going to their local bank to get a home loan.  The internet has become the primary means for homeowners to obtain a refinance.  There are many options out there ranging from large scale operations that are connecting borrowers with lenders, […]

If You Build it

If You Build it, Value Will Come There are many ways to create value in your home.  Homeowners often do not understand which upgrades and/or renovations will actually help to build value when it comes to selling a home.  An appraiser can only add value to a home for very specific things.  Now let’s take […]

Hello America is there anyone home

Hello America is there anyone home? Is there anyone paying attention to what is going on in our world, especially here in your back yard?  From talks of government bailouts, to the crisis which is oil  our country is spiraling towards a nowhere land of overbought houses, empty pocket books and over inflated goods.  I’m […]

FHA Secure Program

There are many myths about FHA secure loans.  It is time to clear up the ambiguity and let the homeowners of America know exactly what can and cannot be done with an FHA secure mortgage.  There is a lot to go over, but if you are upside down on your home, behind on your mortgage […]
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