Real Estate Review
REO Share’s Continued Decline Indicates a ‘Healing’ Market
Posted on: Friday, June 12, 2015
DSNews posted an article siting some statistics from Corelogic which noted that REO sales declined 13.4% from February to March. Real Estate Owned or REO is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction.
» Read moreWeekly Mortgage Rate Update (June 8th, 2015) Hagerstown, MD Real Estate
Posted on: Tuesday, June 9, 2015
Mortgage rates are currently trending HIGHER. This week's rate forecast is HIGHER. This week's potential volatility is HIGH.
» Read moreWill 2015 be the Year?
Posted on: Tuesday, December 16, 2014
A lot of economists at the beginning of the Housing Crisis predicted that 2015 would be the year that marks the turn around. Now, as 2014 comes to a close, I have been reading a lot of articles that believe that early prediction to be correct. DSNews posted an article today confirming these predictions.
» Read moreThe 2015 Housing Market
Posted on: Wednesday, December 3, 2014
The majority of the millennial generation has been silent in the real estate market up to this point.
» Read moreLenders Close to Agreement To Ease Restrictions
Posted on: Monday, October 20, 2014
Mortgage giants Fannie Mae, Freddie Mac and private mortgage lenders are close to an agreement to ease lending restrictions.
» Read moreThe 2015 Housing Market
Posted on: Thursday, October 16, 2014
Boomerang buyers who lost a home to a foreclosure or short sale between 2007 and 2013 are projected to make about 10 percent of all U.S. home purchases in 2014, according to John Burns Real Estate Consulting (JBREC).
» Read moreThe Importance of Good Recordkeeping
Posted on: Thursday, May 1, 2014
As part of your mortgage loan process, you will be asked to provide copies of your bank statements to your lender. Bank statements are reviewed for current balance to show sufficient assets for down payment and closing cost monies needed for the transaction.
» Read more