http://www.DavidPriceRealtor.com. What are the banks thinking today? Banks are more conservative than ever and are forcing property values down in stable neighborhoods. I understand banks trying keep their equity position high and prevent further losses, but allowing appraiser to use “Short Sales” as comps in a an arms length transaction is crazy. Buyer’s who buy […]
The Story below is something that isn’t just an isolated case, I’ve heard of people’s financial advisors advising clients it makes more sense to walk away and take the hit on their credit than wait 10-15 years to get their home value back to their mortgage amount. Something needs to be done to help more […]
FHA 203k streamline loan helps buyers of single family homes renovate and wrap up the renovation costs in to the loan. This is a great program for people buying distressed homes or dated property. I recently completed my first 203k FHA loan with a young couple purchasing a home in Historic Kenwood, the deal wasn’t […]
From John Fenech Sunbelt Lending Some of you have asked me about the potential for rising rates. Here is something I read this week that reinforced my thoughts on the government’s continued help in this area: Ask The Expert Last year was a very challenging year. Many of my prospects, including previous customers who are […]
About 116,000 homeowners have had their loans modified to reduce their monthly payments, the Treasury Department said Wednesday. Only about $15 million in incentive money has been paid to more than 100 participating mortgage companies. That’s 0.02 percent of the $75 billion available. Unemployment soared to 10 percent, and home prices continued to fall, especially […]
I’m meeting more and more homeowners who just don’t want to wait for the market value of their homes to catch-up to the price they paid or the mortgage they have. If your home has a lost a lot of equity and your underwater, maybe you are struggling to make the payments, their is hope, […]
From this page “Click Here” you can setup an account and create a custom home search that you can control. Once you have registered for an account (just an FYI you don’t need to register to access the system, but to save a search you will need an account) watch this quick easy to follow […]
MLS data downtown St. Pete FL Single family homes.
The video below will show you how to setup a custom search in an area of your choosing. You can also setup an account to save your results and receive emails with new listings just like a realtor.
The Problem:► ►Wall street got too greedy. ►ARM, Alt-A ARM, Option ARM, Prime ARM, Sub-prime ARM, these adjustable rate mortgages will continue reset to higher monthly payments which many homeowners will not be unable to afford. ►Millions of mortgage brokers originated these types of loans across the nation. ►Now the banks are literally overwhelmed and […]