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Fannie Mae and Freddie Mac Adopt New Appraisal Standards

By admin on May 27, 2011

So here’s some interesting news, dear readers. News that will absolutely piss off most mortgage brokers. New York Attorney General Andrew M. Cuomo, with just a simple threat of a lawsuit, got Freddie Mac and Fannie Mae to agree to never again purchase a single loan from lenders that refuse to meet new appraisal standards [...]

Posted in Business and Finance | Tagged adopt, and, appraisal, fannie, freddie, mac, mae, new, standards | Leave a response

Reverse Mortages Help Seniors Keep Their home Or Purchase A New Home

By admin on April 2, 2011

For many seniors, home equity is roughly 30-40 percent of their net worth. They are house poor often times and don’t have the available funds to make repairs. If you and your spouse are both at least 62 years of age and have significant equity in your home, a reverse mortgage can turn that equity [...]

Posted in Business and Finance | Tagged a, help, home, keep, mortages, new, or, purchase, reverse, seniors, their | Leave a response

Buying New Homes In An Unstable Climate

By admin on March 31, 2011

As the recession takes grip, the construction industry is just one industry to feel the tightening of consumer purse strings. Building of New homes and new property developments start to decline as the demand for new houses decreases, often leaving property developers hundreds of thousands of pounds in debt, with new homes standing empty due [...]

Posted in Business and Finance | Tagged an, buying, climate, homes, in, new, unstable | Leave a response

Home Mortgage Basics For New Buyers

By admin on January 6, 2011

If you are like most people, you will need to obtain a loan in order to finance your first house. As you may already know, these types of loans give you many opportunities that wouldn’t be possible without them. When you buy a home, you should understand as much as you can about the process, [...]

Posted in Business and Finance | Tagged basics, buyers, for, home, mortgage, new | Leave a response

A Guide To Buying New Flats In The UK

By admin on December 19, 2010

The trouble with the financial market today is that people generally do not know what to do with their money, especially those who have not yet found the chance to place their foot on the property market. Many young people in their early to mid twenties are only to hesitant to make this move, because [...]

Posted in Business and Finance | Tagged a, buying, flats, guide, in, new, the, to, uk | Leave a response

How to Avoid Foreclosure in New Orleans

By admin on June 10, 2010

Right now there is a lot of real estate in New Orleans in foreclosure. If you find yourself facing foreclosure in New Orleans, there are several steps you can take to avoid it and save your home and credit. First, you can try calling your bank and working out a repayment plan. If you are [...]

Posted in Business and Finance | Tagged avoid, foreclosure, how, in, new, orleans, to | Leave a response

Top Eight Mistakes First-time Buyers Make When Shopping for a New Home

By admin on February 7, 2010

For most people, purchasing a home is the largest investment they will ever make. For those who have taken the plunge, they understand it is a complex endeavor which requires preparation and education. Since a home could cost 25 to 45 percent of one’s gross income, it’s important to conduct research and ask questions. Following [...]

Posted in Business and Finance | Tagged a, buyers, eight, firsttime, for, home, make, mistakes, new, shopping, top, when | 1 Response

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New Post

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