Because of current economic conditions, mortgage rates have been on the decline, however did you know that the 30-year fixed-rate mortagages have hit an all time low? Continue reading the DSNews.com article below to find out more information about this situation: “The weekly mortgage rate reports released Thursday by Freddie ...
As a listing broker, I thought it would be helpful to provide an update on the local housing trends and economics. Here is an update for May/June 2010 to assist with evaluating our inventory for the Charlotte Metro Area: Articles/Press Releases: New Home Sales Plunge 33% Nationally in May The sales of new homes fell in ...
Rates are at a historic low, check out the article that DSNews.com recently published about it! “After weeks of continuous declines, mortgage rates remained nearly flat for the week ending June 3, 2010, Freddie Mac and Bankrate reported Thursday. According to Freddie Mac’s Primary Mortgage Market Survey (PMMS), 30-year fixed-rate ...
A Charlotte Short Sale is getting easier to purchase. According to RealtyTrac, 2010 is going to be the year of the short sale due to the large number of pre-foreclosure properties on the market. It is estimated that one in four US homeowners owe more than their home is worth. ...
The California Department of Real Estate issued a consumer alert recently advising homeowners considering a short sale to beware of fraudulent practices. Specifically, the report notes instances in which homeowners were improperly charges fees or received misguided advice during a short sale. (With the number of short sales on the ...
In the second part of our series on getting the perfect home in a short sale transaction, we will discuss the negotiation process. Based on your solid preparation, you are ready to make an offer on the home of your choice. Remember, though, that a true negotiation is a give ...
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