How long will robo-signings stall the housing market? Robo-Signings Stalling Housing Market Recovery According to a recent report by Fitch Ratings, the Robo-Signing scandal will considerably lengthen the time frame for banks clearing the inventory of distressed properties. Fitch said correctio
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02/08/2011
Where will the Housing Market Bounce Back the Most? Housing Market Bounce Back Report - Good News! Vero Real Estate's VeroForecast ran a study recently on where the strongest housing market bounce backmay occur. Want some good news? The housing market bounce backreport states that 40% of major
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02/08/2011
Bank of America- Is More B of A Better? Bank of America - Foreclosure Unit Bank of America announced that it will be dividing it's mortgage business into two distinct divisions: one division will continue issuing mortgages and the second division will be handling foreclosures & discontinued loa
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02/08/2011
Owner financing, should you consider it? Owner FinancingPros & Cons Owner Financing | How does it work? Owner financing is when the seller agrees to sell the property in exchange for a note where the buyer promises to pay back according to the agreed upon terms and pledges the property as collat
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02/05/2011
Tax Credit 2010: How to claim it? Tax Credit 2010 If you purchased a home last year, then you may be eligible to receive the $8,000 tax credit this year. Specifically, if you purchased between January 1 and April 30, 2010, then you may be eligible for one of the two tax credits: a first-time
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02/04/2011
2008 Tax Credit Payback Time Tax Credit 2008 Payback Remember in 2008 when the government passed theHousing and Economic Recovery Act of 2008refundable tax credit for individuals who were qualified first-time homebuyers of a principal residence in the United States? Well, if you purchased a hou
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02/04/2011
Higher Mortgage Fees! Mortgage Fees Increased! Yay! That's what the housing market was missing, more fees. Regardless of low interest rates, the cost of getting a mortgage is now higher thanks to Fannie Mae and Freddie Mac's higher risk mortgage fees. Higher Risk Mortgage Fees |USAToday: Borrowe
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02/04/2011
Bank Of America | Short Sale Fiasco It's been at least a day since I wrote something on Bank of America, and stories continue to come out of the woodwork about all the short sale madness surrounding them. I read an article today in the Herald Tribune about an Australian couple that moved to Flo
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02/04/2011
Foreclosure Crisis foreclosure Crisis: What's Next for the Housing Market? Remember when the foreclosure crisis began? It was easy to blame the subprime mortgage borrowers for this foreclosure crisis for buying homes that they could not afford. The reality is that the cause for this economic dow
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02/01/2011
Is the Mortgage Assignments Program a Good Strategy? Mortgage Assignments: Building a Nest Egg for the Future Looking to begin in real estate investing? You have 2 ways of making money: Passive income or transactional income. The true definition of real estate investing is when you invest your
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02/01/2011