When The Fed Cuts Rates What Does It Mean For You ??? - 01/31/08 10:23 PM
Who benefits from this cut?If you have a loan that is directly tied to the Prime Rate, you will see an immediate benefit. Home equity lines of credit (HELOCs) and variable rate charge cards are the types of loans that will have an interest rate reduction on their next statement. What … (0 comments)
Were We Really That Far Ahead Of The Crowd?? - 01/31/08 09:02 PM
Four years ago I started working with distressed home owners who had suffered a short term dose of bad luck. In helping them re-work their loans wit the bank I made friends, received referrals and was ahead of the times for once.. See the article in DSNews on new Loss Mitigation legislation coming … (1 comments)
Who Said January Was Dull??? - 01/27/08 09:56 AM
As we come to the end of January it is almost surreal what we have seen as begin this new year in real estate. The stock market is trending downward, the Bush Administration finally realized there is a problem with the economy and Bank of America will soon be the largest … (5 comments)
HUD VS. REO A Newcomers Guide - 01/27/08 09:28 AM
This BLOG is not meant for a seasoned agent or investor, it is a basic explanation of the differences between the two types of foreclosure sale properties. HUD Homes Housing & Urban Development owned properties obtained primarily through the default of an FHA or VA Loan and in some rare cases … (3 comments)
Back To The Future With The Bankruptcy Code Revision - 01/25/08 09:11 AM
I have been BLOGGING about this for over a year. How long does it take for our government to truly react to a problem they created when they tried to protect banks? We hear so much about the evils of sub prime predatory lenders, how about the credit card companies who lobbied … (1 comments)
Foreclosure Rates Are Up But So Are Refi's - 01/25/08 08:47 AM
Is it just me or does it seem that we never hear the major news networks lead off with a positive story. For weeks we have heard about the foreclosure rates rising again an again. Nationally they did rise with the last nation report shows a 2% increase as on October … (0 comments)
Fannie Mae & Freddie MAc Limit Increse To Help The Housing Market??? - 01/21/08 05:42 PM
Will raising the Fannie Mae and Freddie Mac Lending Limits Help? Not until we get an across the board minimum limiy of at least $450,000 for FHA. The people who are credit damaged and or lack credit need FHA limits to allow them to buy decent houses anywhere in the country. … (2 comments)
Juicing The Economy Or Flooding The World With Dollars That Buy less In The Future - 01/21/08 05:36 PM
As the Chairman of The Federal Reserve spaeaks about "Juicing the Economy" are we as Americans looking to what the long term will bring. If we keep making the dollar so easy to borrow as a short term stimulus to our econmy are we not devaluating the currenct abroad making foriegn … (0 comments)
2007 Stock Market Review - 01/14/08 05:22 PM
We'd all know exactly how to react if we had that mythical crystal ball. We don't. But we do have years of stock market history to tell us most of what we need to know about the mindset we need to adopt in 2008.2007: The Tale of Two MarketsThe first half … (0 comments)
Middle Tennessee Home Prices Hold Up - 01/13/08 08:53 PM
More than a year after the housing downturn hit Middle Tennessee, home prices are holding steady and in some areas rising, leading some observers to predict a turnaround in the local market by the summer.Home sales plummeted throughout 2007, with December sales posting the most severe year-over-year drop in nearly 17 … (0 comments)
Williamson County Tennessee December Sales Report - 01/13/08 09:35 AM
January 7, 2008 (Franklin, TN)-The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of December 2007. There were 305 residential and condominium closings reported for the month of December, according to figures provided by RealTracs Solutions, the multiple listing service … (0 comments)
Freddie Mac Rates Move Downward - 01/13/08 08:19 AM
Weak economic news proves good for mortgage rates! 30-Year Rates Slide to 6.07 Percent spurred in part by unexpectedly weak economic data that could signal an impending recession, borrowing costs on long- and short-term home loans dipped during the past week. Freddie Mac's statistics show a decline in interest on 30-year … (0 comments)
Remodeling Still A Strong Option - 01/13/08 08:17 AM
Researcers confirm that home owners are looking to remodel and stay where they are for now; Americans To Spend More On Remodeling In '08 Homeowners will spend an average 13 percent more this year on home improvement and maintenance projects than they did in 2007 reports Angie's List, a popular home-repair referral service. According … (0 comments)
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Who benefits from this cut?If you have a loan that is directly tied to the Prime Rate, you will see an immediate benefit. Home equity lines of credit (HELOCs) and variable rate charge cards are the types of loans that will have an interest rate reduction on their next statement. 
