Daily Archives: May 9, 2012

Short Sale vs. Foreclosure — 10 Common Myths Busted

Posted: 09 May 2012, KCM Blog It’s likely you’ve heard the term “short sale” thrown around quite a bit. But what, exactly, is a short sale? A short sale is when a bank agrees to accept less than the total … Continue reading

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HUD Secretary Wants to Break through Refinancing Barriers

05/08/2012 By: Ryan Schuette, DSNews.com Solvency issues re-emerged for the Federal Housing Administration (FHA) in a hearing convened Tuesday by the Senate Banking Committee, with HUD Secretary Shaun Donovan calling for lower loan-to-value thresholds and more servicer competition to expand … Continue reading

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Home Prices in March Show Monthly Gain but Yearly Loss

05/08/2012 By: Esther Cho, DSNews.com When including distressed sales, home prices rose month-over-month by the same percentage point as they dropped year-over-year. CoreLogic reported Tuesday in its March Home Price Index (HPI) that compared to a year ago, prices declined … Continue reading

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The Benefits of Owning a Home

RealtyTimes.com, May 9th, 2012 We all know the social benefits of owning a home. Homeownership gives family stability, creates lower high school dropout rates, and of course gives the opportunity to create meaningful and lasting relationships. Full Story: http://realtytimes.com/rtpages/20120509_owning.htm

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Ask the HOA Expert

RealtyTimes.com, May 9th,2012 When a developer turns over the homeowners association to the owners, can the new board then enforce rules that were not enforced previously? Full Story: http://realtytimes.com/rtpages/20120509_hoaexpert.htm

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