Tag Archives for " under water "
NPR’s Marketplace ran a story this morning suggesting that with low interest rates and low prices, now is a great time to buy a home. Foreclosures and short sales offer great deals, and the best path to find them is through a specialty brokerage. As a premier agency for bank-owned properties in the Charlotte area, […]Continue reading
Are you in need of home loan assistance? Do you have a Bank of America home loan? You may be in luck! BofA has recently launched a new website dedicated to helping its loan customers no matter what situation they may be in. Whether you think you may miss a payment soon, just missed one home […]Continue reading
In an article by Jon Prior published in HousingWire yesterday, of 100 Bank of America mortgages that have reached 60 day delinquency sampled, only 14% qualified for the HAMP program. The following is an excerpt from this article. “The Home Affordable Modification Program came under fire at the end of February from lawmakers claiming it has caused […]Continue reading
The following is from CDPE.com The following story was sent to CDPE.com by CDPE Steve Gillespie of Keller Williams Realty at the Lakes in Celebration, Florida, and represents the determination to succeed against the odds of getting HAFA short sale approval: “An 80 year-old semi-retired professional and his 60 year-old wife were $400,000 underwater in […]Continue reading
Reposted from a www.CDPE.com Blog entry: According to the Federal Reserve Bank of New York, 2.7% of current mortgage balances transitioned to delinquency, up from 2.6 percent last quarter. Additionally, industry research firm Foresight Analytics predicts residential mortgage delinquencies at 13.3% for the third quarter. New threads are popping up every day on ActiveRain, RealTown […]Continue reading