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Is Another Housing Crisis Brewing?

Price wars mimicking actions that lead to disaster for borrowers   Spring could be blossoming more than just an improved housing market. It could be softening the provisions that have kept loose credit standards in check for several years.   To begin, the Obama administration has already announced that the Federal Housing Administration will start […]

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Coming Soon: Looser Mortgage Standards…Again?

In what seems like a years-long drought of home-lending, US financial regulators are positioned to finalize new mortgage standards. The new rules are acknowledging what has seemingly kept middle and lower income borrowers from purchasing a home: strict guidelines meant to stave off another wave of “bad borrowing”. Now, new standards will be relaxed to […]

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Buying a Home After Short Sale May Get Harder

Fannie Mae purchase guidelines change for those who had a Short Sale   Although short sales may seem like a thing of the past, those who have had a short sale have to deal with the lingering aftermath. For instance, a major concern of those facing foreclosure is what a short sale or foreclosure does […]

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Short Sale Process gets easier under new GSE Guidelines

As of November 1st 2012 Fannie and Freddie will implement new Short Sale guidelines to make the approval process easier for eligible homebuyers.   The new guidelines will be put in place to enhance and streamline the process to avoid foreclosure and help communities become more stabilized. The new Short Sale program will provide assistance […]

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More than I expected!! http://google.com

“Tracy and Jon and Courteney – thanks so much for your help on the house. Although it went a lot quicker than expected, I’m not complaining! J Owing nothing in the end was a big relief…I was so worried we would be responsible for all this extra money. Not the case, thanks to your team! I hope your other clients appreciate all you’ve done like we do. Thanks for helping us move through this really difficult time.” “Jon/Tracy, my wife and I sincerely appreciate your knowledge to get our short sale done. It was very much of a concern of our to get it accomplished with as least damage to our credit, and from start to end you took control and got just that done. My friends are still shocked to realize we were able to negotiate our debt on our house, sell it, and still maintain our good names. It is a beautiful house so no doubt the buyers will love it just as much as we did. I can put my head on a pillow knowing we did the right thing.”

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