Columbia Maryland Real Estate

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Real Estate Agent - Keller Williams Realty Centre
RECENT BLOG POSTS
Here is today's article from RealtyTrac about how investors are buying up REOs and making a killing!!!!!  This artilce was sent to me by a friend and I thought I would share the information. Going Against the Grain, Investor Finds Bountiful Bank-Owned Bargains Daren Blomquist Despite the abundanc...
05/20/2008
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  The latest bill would allow lenders to reduce their exposure to foreclosures if they agree to cut the outstanding balance of an existing loan, thus allowing homeowners to refinance into a new loan that would be FHA insured. The reductions taken by lenders are substantial and must be based on ne...
05/09/2008
I recently had a woman call and leave a message on my answering service... The message said are you crazy, have you seen the comps your property is priced too high. I called her back to see if she would like some information on the property. I asked her, have you seen the property? No, was the an...
05/02/2008
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Best Rates  RateAPR30 Year Fixed 5.50%5.72%15 Year Fixed 5.125%5.345%3-5 Year ARM --%--%30 YR Interest Only 5.75%5.97%30 YR Fixed Jumbo 8.125%8.345%30 YR Jumbo IO --%--%5-7 Jumbo ARM 7.875%8.095%Rates may include points National Average Mortgage Rates  RatePointsChange30 Year FRM5.88%0.50.03%15 Y...
04/09/2008
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 On Monday it was rumored that a struggling Washington Mutual (WaMu) would be getting a cash infusion of $5 billion from a private equity firm to help it weather the subprime mortgage storm. On Tuesday that amount had morphed to $7 billion in additional capital from the sale of company stock.The ...
04/08/2008
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   Former U.S. Federal Reserve Chairman Alan Greenspan told Spain's El Pais newspaper on Sunday that chances of the U.S. economy slipping into a recession were now above 50% but the world's leading economy had not yet entered one.Greenspan said, "In my opinion recession is a period of a sharp cor...
04/08/2008
Best Rates  RateAPR30 Year Fixed 5.50%5.72%15 Year Fixed 5.125%5.345%3-5 Year ARM 5.125%5.345%30 YR Interest Only 5.75%5.97%30 YR Fixed Jumbo --%--%30 YR Jumbo IO --%--%5-7 Jumbo ARM 8.125%8.345%Rates may include points National Average Mortgage Rates  RatePointsChange30 Year FRM5.88%0.50.03%15 Y...
04/07/2008
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   I was recently asked what the heck is a HUD 1- Here is a quick definitionHUD-1 Settlement StatementA document that provides an itemized listing of the funds that are payable at closing. Items that appear on the statement include loan fees, points, and initial escrow amounts, and other fees. Th...
03/23/2008
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Fed steps in and cuts againBernanke pulls out all the stops to ailing economy The Federal Reserve significantly cut rates today for the sixth straight time since September. This follows a busy weekend where the Fed also extended its hand to Wall Street, bailing out Bear Stearns with JP Morgan Cha...
03/19/2008
A Way to Avoid ForeclosureWhy would a lending institution accept less than what it is owed from a homeowner. Don't they lose money that way? Well, yes and no.The short sale is most often used as a way to avoid foreclosure on a home. As the name "short sale" implies, it's a way to sell the home qu...
03/13/2008
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Frank Harris

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Howard County and Columbia Maryland Real Estate and Luxury Homes