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Housing/Financial
It may be harder for borrowers to get approved for a loan, but high interest rates, and penalty fees will be gone with the new reform.

THE NEW FINANCIAL REFORM BILL AND ITS IMPACT ON BORROWERS AND MORTGAGE LENDERS

  The financial regulatory reform that is taking effect will have an impact on everyone including borrowers and mortgage lenders in many different ways.  The Bill is 2319 pages long, and will cover many areas that will affect everyone in the months to come.  Not everything is covered in our synopsis [...]

Mobile home loans are available

MOBILE HOME LOANS- THE ROCK STEADY HOME LOAN

 Written By:  Dorthy Parker If you want a home and do not want a “site built” house due to cost considerations, mobile home loans are the best option for you. Mobile homes are custom built homes which are built in factories and transported to the site where they are fixed [...]

There are many types of calculators on this site, which one is best for you?

19 MORTGAGE CALCULATORS

  There are so many things to consider and so many calculations to make when you’re securing a loan.  Since your home is usually the largest investment that you make what type of loan you get and other financial decisions you make can impact you greatly.  Now there is a widget to [...]

Loan Modification scams are happening everywhere.

LOAN MODIFICATION SCAMS

  What are loan modifications?  The answer is Loan modifications are offered by some mortgage lenders as a courtesy to their customers who are having financial hardships or difficulty making their mortgage payments.  The agreement can be a permanent or temporary fix to the mortgage rate, term, and monthly payments.  [...]

foreclosures

HOW TO BUY A FORECLOSURE

  In today’s challenging economic times, the subject of buying a foreclosure can come up.  Television shows proclaim you can buy a house for little or nothing down or for $10,000, or $20,000 and people become either excited about the potential deal or wary of the potential pitfalls.  Buying a [...]

The internet is a wonderful thing.

4 BIGGEST LIES IN REAL ESTATE

  The internet is a wonderful thing. You can reach out to old high school friends you haven’t seen in years or sell junk out of your attic to strangers with a minimum of effort.  What you need to remember is it’s a place with tons of information but not [...]

Out of money, feeling trapped, there are options available to help you during this time of financial burden.

MOVING AND ECONOMIC CRISIS

  During these uncertain times, it is never easy to accept you may have to leave your home.  If you have run into economic hardship and have fallen behind on your mortgage, before you give up, take a look at your options.  There are programs out there that may be [...]

Contact your local realtor to help you puchase or sell your home

TEN TIPS FOR HOME BUYERS AND SELLERS

Provided by Coldwell Banker Residential Brokerage   “In today’s real estate market it is always a good idea to arm yourself with information,” says Fran Broude, president and COO of Coldwell Banker Residential Brokerage. “Whether you are a buyer or seller, working with the right professionals and knowing important steps to [...]