Tag: featured
Rising MIP Affecting FHA Mortgage Loans
The FHA at one point in time was more appealing to a wider range of homeowners with their easier credit standards, lower down payment requirements (as little as 3.5%) and their acceptance of an LTV (Loan-to-Value) of 96.5% in all mortgage type properties. FHA Mortgage Insurance Premiums are getting way too high for current FHA […]
May 2014: RealtyTrac’s Top Foreclosure States
According to the most recent foreclosure reports from RealtyTrac, as a nation there were currently 1,100,671 properties that were undergoing some stage of foreclosure in May. The number of foreclosures filed during that month was 5% lower than the month of April. When compared with the same time last year it was 26% lower. The […]
Top 10 Most Expensive Homes in America
That six-figure mansion in the suburbs is no match for some of the most expensive properties in the country. From bedrooms numbering in the dozens to private beaches, these properties are the epitome of luxury and expense. 1. Beverly House At $115 million, this Beverly Hills property is mostly known for its use in movies. […]
Top 10 Most Remote Living Locations Around The World
From the most expensive to most family-friendly, city lists for every personality cover the Internet’s millions of pages. If you want a more rugged and isolated home base, look no further than these remote areas. You’ll feel like the only person on Earth. 1. Easter Island This island has a rich history of settlers, although […]
April 2014 FHFA Refinance Market Update
HARP 2.0 For the underwater homeowners who are unaware of the Home Affordable Refinance Program (HARP) it may seem like a short sale or taking a loss to foreclosure may be the only way out. Negative equity followed by the millions of foreclosures has taken a toll on the U.S. economy for many years now. […]
Save Our Housing Economy: Help Encourage HARP Refinance Before Deadline
Between 2013 and 2014, home refinancing numbers dropped 56 percent, showing a market halt to an otherwise recovering housing industry. One of the key factors may have been rising interest rates, reflecting values based on credit scores. Rates were even smaller in 2012 at slightly lower than 4 percent. The need for refinancing is still […]
May 2014: RealtyTrac’s Top Foreclosure States
Foreclosures for the month of May has dropped since the month of April according to the most recent RealtyTrac report. When compared between both months, there was a 15,231 difference in properties that are currently in some stage of foreclosure. During the month of May, the properties that filed for a foreclosure was 5% lower […]
The Most Expensive Communities In The United States
You’ve heard that cost of living varies between different areas and the Council for Community and Economic Research, or C2ER, set out to prove that in their 2014 data analysis. Concentrating on cities with 50,000 people or more, C2ER pulled together a top 10 list that gives you an idea of the most expensive areas. […]
10 Of The Most Refreshing Lakes To Visit In The U.S.
The United States may be flanked by the world’s two main oceans, but it’s also home to some spectacular lakes. If you can’t travel to the west or east coast, feast your eyes on some of the most refreshing lakes around. Dive in to experience water activities and nature at its best. Lake Tahoe Photo […]
Current Economic Situation of Today’s Top 10 Most Populated States
We all know that there are tons of overpopulated cities across the nation, but what are the top states exactly with the most residents? It seems like the more populated a city is, the more it seems to struggle when the economy start to head downhill. There are several states still struggling to recover from […]
Sorting Out Short Sale And Foreclosure Real Estate Deals
Purchasing an existing home with motivated sellers is much simpler than looking for those deep discounts with short sales and foreclosures. Financing these special real estate cases, including new construction, takes some patience and consideration of extra paperwork. The loan approval process is slightly different, making it critical to follow the deadlines and paper trail […]
Buying A Home With The Right Real Estate Agent
There’s an entire technical world behind real estate transactions, including the type of agent you hire. Nine out of 10 buyers hire agents to represent them, according to the National Association of Realtors. However, you need to know what your favorite agent specializes in. From being an exclusive to dual agent, you want your buying […]
Cities With the Most Pleasant Weather Days in the U.S.
According to a professional Designer/ Software Engineer, Kelly Norton created an interactive map that shows some of the best cities to live in if you are seeking a city with the most pleasant days based on weather temperatures between 55-75 degrees. To name a few, here are a couple of the top cities: Los Angeles, […]
April 2014: RealtyTrac’s Top 5 Foreclosure states
According to the most recent foreclosure reports from RealtyTrac, as a nation there were currently 1,132,523 properties that were undergoing some stage of foreclosure in April. The number of foreclosures filed during that month was 1% lower than the month of March. When compared with the same time last year it was 20% lower. The […]
Quick Mortgage 101
With several mortgage programs to choose from, this can be a difficult task at hand for anyone who isn’t too familiar with the difference between each one. Varying from government endorsed programs to conventional, you will find that one of the two types is best suitable for you or what you may only be able […]
