Posted on February 16th, 2011 by Carlo Capomazza
“The Obama administration proposes to reduce the “footprint” of Fannie Mae and Freddie Mac by reducing the ceiling on loans that the two government-controlled lenders can guarantee as of October 1, 2011. Current federal law allows the two agencies to guarantee mortgages up to $729,750 in some high-home price areas. The administration recommends that Congress [...]
Filed under: Buying, Current Events, Economy, Fannie Mae, Finance, Loan modification, Mortgage, Mortgage Rates, Real Estate Market, Realtor, Refinance, VRN | No Comments »
Posted on August 6th, 2010 by Carlo Capomazza
Ready to buy? Then here’s what documentation you need to prepare so a mortgage banker can let you know exactly what loan amount and purchase price you can qualify for…
Filed under: Buying, Finance, IRS, Making Home Affordable, Money-Saving, Mortgage, Mortgage Rates, Real Estate Market, VRN | No Comments »
Posted on August 2nd, 2010 by Carlo Capomazza
Closing on a property is both a thrilling and taxing ordeal for buyers and seller alike. Make sure to prepare on the closing day thoroughly whether you are a buyer or a seller.
Filed under: Buying, Commentary, Realtor, VRN | No Comments »
Posted on July 20th, 2010 by Carlo Capomazza
Posted on July 3rd, 2010 by Carlo Capomazza
Under the Extended Home Buyer Tax Credit, as long as a written binding contract to purchase is in effect on April 30, 2010, the purchaser will have until July 1, 2010 to close.
Filed under: Buying, Current Events, Homebuyer Tax Credit, Money-Saving, NAR, Real Estate Market, Tax Issues, VRN | No Comments »
Posted on July 3rd, 2010 by Carlo Capomazza
Posted on July 1st, 2010 by Carlo Capomazza
Recently, Bank of America sent out nearly 100,000 solicitations to distressed homeowners offering them a chance at a deed-in-lieu transaction.
Filed under: Current Events, Foreclosure, Mortgage, Real Estate Market, Short Sale, VRN | No Comments »
Posted on June 20th, 2010 by Carlo Capomazza
Interest rates are at historic lows but cyclical trends suggest they will soon rise. Home buyers may never see such a chance again, writes Marc Roth
Filed under: Commentary, Current Events, Economy, Listing Presentation, Money-Saving, Real Estate Market, VRN | No Comments »
