Ar_home_b_search
 



mortgages: Buying a Home in the Springfield MO Area - Part I - Getting Preapproved For A Loan - 11/23/09 08:01 PM
Thinking of buying a home in the Springfield, MO, area?  There are many things to consider, and many steps to follow to ensure a smooth purchase. This is the first in a series of posts that will help guide you through the homebuying process.
The first step in the process is to get preapproved for a loan. You need to know how much money you will be approved to spend on your new purchase, and what monthly payments you will be comfortable with.  Because the lending requirements and guidelines are changing on pretty much a daily basis recently, it is necessary … (2 comments)

mortgages: Why Do Banks Choose To Foreclose Rather Than Short Sale? Because They Make Money! - 11/02/09 11:34 PM
I lost another short sale listing today to foreclosure.  The bank literally made it impossible for me to succeed in selling the home.  Most people ask, "Why would the bank want to do that?  Don't they lose money?"  The answer is NO, they can actually MAKE money when they foreclose.
This was explained to me by a loan officer handling the construction loans of my last builder/developer.  About a year ago, my builder had approximately 12 new construction homes languishing on the market, no longer able to compete with the short sales, REO's, and existing home sales.  Our plan was to … (9 comments)

mortgages: Mortgage Delinquencies - The Coming Storm - 10/01/09 07:38 AM
 
I have been asked about the next wave of foreclosures lately.  Here is some great information and charts that realistically portray the current state of mortgages.
 
Via Jeff Geoghan MBA - Lancaster PA Real Estate Expert (The Jeff Geoghan Realty Group, Coldwell Banker Lancaster PA):
This is one of those posts where I wish I didn't have to write it, but felt it was so important to my readers that I would be remiss not to at least talk about it.
Everyone out there probably knows somebody who is behind on their mortgage payments, looking for alternatives and likely also … (3 comments)

 
Soft Rainmaker_large

Lina Robertson Jones, REALTOR® Springfield MO Area Homes for Sale

Springfield, MO

More about me…

Ozark, Nixa, Republic & Willard Real Estate

Address: Lina Robertson-Jones, RE/MAX Solutions, 1715 James River Rd., Ozark, MO, 65721

Office Phone: (417) 581-7888

Cell Phone: (417) 844-7265

Email Me

Information and resources regarding real estate and homes for sale in Springfield, Ozark, Nixa, Republic, Willard, Rogersville, and surrounding communities.

Lina Robertson Jones on Zillow

Search ALL Springfield MO Area MLS Listings Here

Meez 3D avatar avatars games


Listings

Links

Archives

RSS 2.0 Feed for this blog