Daily Archives: August 22, 2011

Quitclaim deed transfers ownership, not loan responsibility

Posted on August 22, 2011 by

http://wapo.st/o9cmqy Am I still liable for this loan? …

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Seller Financing: An Idea Whose Time Has Come

Posted on August 22, 2011 by

http://aol.it/nSjbXt Do you want to sell your house but have figured out that buyers are as scarce as snowflakes in the Arizona desert? If you've owned your home for a long while and have equity in it, your best bet … Continue reading →

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US Pressures New York’s AG to Back Bank Deal

Posted on August 22, 2011 by

NEW YORK – Eric T. Schneiderman, New York’s attorney general, is under pressure from the Obama administration to drop his opposition to a wide-ranging state settlement with banks over dubious foreclosure practices, say people briefed on discussions about the deal. … Continue reading →

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Buying a home in a slow market

Posted on August 22, 2011 by

http://trib.in/qStku5 Anecdotal evidence suggests that we're moving into a summer slowdown. It's not unusual for the home-sale market to slow in July and August, when many real estate agents and buyers are on vacation. The market often picks up again … Continue reading →

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The Appraiser’s Role in Today’s Real Estate Transaction

Posted on August 22, 2011 by

  I have been saying for a couple of years while real estate values were in decline, my bigger concern was going to be when this market stabilizes and tries to improve. In my February 2011 eNewsletter, I stated: “My … Continue reading →

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Homeowners Insurance: Are You Over- or Underinsured?

Posted on August 22, 2011 by

http://bit.ly/95EBfo Paying for more homeowners insurance than you need is a waste of money, but it can prove even more costly to get caught without enough coverage.

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FHA Announces new Loss Mitigation Rules

Posted on August 22, 2011 by

  The Federal Housing Administration (FHA) has released a notice to servicers outlining new guidelines pertaining to trial payment plans for FHA loss mitigation actions. The new rules go into effect October 1. When offering permanent modifications or partial claims, … Continue reading →

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Morning Minutes: August 22nd

Posted on August 22, 2011 by

Word of the Day Confection kun-FEK-shun (noun) Something put together from  varied material; a fancy dish or sweetmeat; a sweet food; a work of fine or  elaborate craftsmanship; a light but entertaining theatrical, cinematic or  literary work – http://www.merriam-webster.com Website … Continue reading →

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Where homes are affordable

Posted on August 22, 2011 by

http://cnnmon.ie/nAGNDM Residents who live in these 25 growing towns see their incomes go the furthest.

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