Help for Homeowners

 Just thought I’d pass along the link to the President’s plan to helping homeowners stay in their home.
FinancialStability.gov
There are lots of fact sheets, press releases, and self-assessment tools.
Personally, I think it’s great that our current administration is making efforts to not only keep people in their homes but to make it more manageable for families [...]

FHA Mortgages for 1st Time Home Buyers

This article was authored by Michelle Berry, real estate broker, and Sara Blanchard, loan officer. All information contained herein should be considered accurate as of the date of this writing, but should be not be considered a guarantee of financing. Any opinions expressed in the below article are the opinions of the writers and not their [...]

12 Steps to Recovery: Our Credit Addiction

For anyone who has used a 12 Step program to overcome anything, this will sound familiar.  Being in the throes of an economic crisis, recovery should be on our collective mind.  It seems the media is flailing around, trying to point a finger at one single cause or source of our current crisis, but honestly, [...]

One Small Step on the Road to Recovery

Fannie Tries Short Sales Over Foreclosures
Fannie Mae has launched pilot projects in Phoenix and Orlando intended to reduce foreclosures by pre-approving short sales, agreeing on a price and the loss it will take prior to a deal even being made. It is hoped the program will improve the popularity of short sales among real estate [...]

The Past, Present, & Future State of the Mortgage Crisis

What a week, eh?  Talk about riding a rollercoaster!  More banks and companies failing, more local builders (Renaissance) “reorganizing debt”, candidates sparring, government officials looking to point the finger, but more importantly, more and more uncertainty in the housing market both nationally and locally.  I have a whole file drawer full of potential buyers right [...]