I AM LIVID AND YOU SHOULD BE TOO!!!!!!!!!!!!!!!!! - 10/18/10 11:26 AM
An excellent post written by Pat Haddad on how the polices of HUD are hurting consumers in todays market, she's right, it appears no one thinks these things through the whole way before implementing the new "rules"

Via Pat Haddad (Indianapolis Real Estate, Carmel and Fishers Real Estate):
HUD is the PREDATOR now!! Lower income Homeowners whose loans are up to $159,000 cannot refinance even with a 1% reduction in their rate!! 
 
 
FHA guidelines dictate that if the savings in an FHA refinance does not result in a minimum of $50 per month savings, they will NOT insure … (2 comments)

Is There a National Real Estate Transfer Tax On All Homes Sold After 2012? - 10/17/10 11:40 PM

Welcome Back Readers!  Thanks for stopping by again! 
There's alot of emails that circulate during an election year, one of the most common ones this year relates to a real estate is that the federal health care legislation (affectionately called Obama-care) passed in March 2010 contains a 4.0% transfer tax on all real estate sold after 2012.  You might be wondering if this is true or not.  Well, in short the answer is no.  There is no national transfer tax on all real estate.  
But like all great myths, this one does have a small grain of truth to it.  There is indeed a … (2 comments)

How the foreclosure freeze started, what do you think of this? - 10/15/10 03:00 PM
 
 I'm curious, what you all think of this.  Check out the article in the link, it talks about how this whole mess began.  Part of me sympathizes with her, the other part of me sides with the banks.  Its a technicality, a stupid one, and the banks ddidn't do the right thing, but that doesn't change the fact that she hasn't paid a mortgage in 2 years and shouldn't be there anymore.  What are your thoughts? 
http://www.nytimes.com/2010/10/15/business/15maine.html?pagewanted=1&_r=1
 
 
… (2 comments)

 
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Jason Burkholder, Sales Manager Assoc. Broker, Realtor, e-Pro

Lancaster, PA

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Weichert, Realtors - Engle and Hambright

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