lenders: Paying Doc Stamps on Short Sales - 12/26/08 09:24 AM
The Florida Department of Revenue has cleared up what was becoming a major issue in handling short sales. They have ruled that the amount of Doc Stamps due is based on the amount actually paid by the buyer and does not include any amount forgiven by the lender. For awhile many closing (0 comments)
lenders: Getting a Loan Modification - 11/26/08 08:51 AM
These days it seems that all you hear about are loan modifications. These workout plans by lenders are crucial to enable many people to remain in their homes. The most important thing to remember is that it is up to you to get your loan modification. The banks are so overwhelmed that (0 comments)
lenders: Mortgage Rates Are Down - 09/11/08 10:05 AM
Now that the government has taken over Fannie Mae and Freddie Mac interest rates have really come down so now is the time to go out there and commit. You won't see these benefits if you are borrowing more than $730,000. Many of the local mortgage people have been swamped with calls from (0 comments)
lenders: Check the Health of your Lender - 07/14/08 04:18 PM
During these challenging times for financial institutions it is very important that if we are in the process of buying a home that we make sure that the lender we choose is going to be around when it comes time to close. Here is a great website where you can keep (0 comments)
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