Up to 3.5% Homepath Buyer Incentive and $1500 Selling Agent Bonus on HomePath Properties - 09/23/10 07:19 PM
Fannie Mae is offering buyers up to 3.5% in closing cost assistance and a $1,500 selling agent bonus on HomePath® properties. To be eligible for this incentive:
Initial offers must be accepted on or after September 23, 2010; Property sales must close on or before December 31, 2010, and close within 60 days of offer acceptance; Buyers must be owner-occupants and confirm that the property will be used as their primary residence by completing a certification form (investors are excluded); and Selling agents must represent owner-occupant buyers purchasing a HomePath property to receive the $1,500 bonus and offers must be submitted on … (1 comments)

Freddie Mac First Look Initiative Gives Homebuyers 15 Days to Buy Homesteps® Homes Without Investor Competition - 09/21/10 11:59 PM
McLean, VA - Freddie Mac (OTC: FMCC) today announced it is expanding the Freddie Mac First Look Initiative on September 17, 2010 so any home shopper can buy a HomeSteps® home as their primary residence during the first 15 days of the property's listing without competition from investors. HomeSteps is the real estate sales unit of Freddie Mac and markets a nationwide selection of Freddie Mac-owned homes.
News Facts
The Freddie Mac First Look Initiative supports Freddie Mac's mission to stabilize communities and foster affordable homeownership opportunities by giving homebuyers 15 days to buy a HomeSteps home as their primary residence … (0 comments)

Seriously Delinquent Rates DropFreddie Mac continues to hold smallest share - 09/21/10 11:43 PM

While the industry continues to face extremely high delinquency rates, Freddie Mac owns a relatively small percentage of these problem loans. Slightly less than four percent of Freddie Mac loans are seriously delinquent, well below the industry average of approximately 9 percent.
This is because Freddie Mac is an established industry leader in identifying and addressing delinquencies before they become foreclosures. Since the beginning of 2009, we have helped more than 350,000 struggling borrowers avoid foreclosure. Moreover, Freddie Mac has primarily operated in the conforming mortgage market - buying 30-and 15-year fixed-rate mortgages. While delinquencies are up across the board, … (1 comments)

Wausau East 2 bedroom Home Only $69900 - 09/15/10 09:51 PM

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Nice 3 Bedroom Home - Wausau $79,900 - 09/15/10 10:58 AM
     MLS # 1006033 Status Active Type Single Family Address 127 LAKE VIEW DRIVE City Schofield Zip 54476 Area Wausau Original Price $79,900 Days  Lot Size 65x115 Municipality Schofield City County Marathon County Age Tax Amount 1575.0 Tax Year 2009 Tax # 28128071211069 Family Rm Size 10x18 Kitchen Size 10x10 Living Rm Size 12x14 Bedroom 1 Size 10x14 Bedroom 2 Size 8x10 Bedroom 3 Size 10x14 Bedroom 4 Size Bedroom 5 Size Other Rm 1 Desc Other Rm 1 Size Other Rm 2 Desc Fam Lvl L Kit Lvl M Liv Lvl M Bed 1 Lvl M Bed 2 Lvl … (1 comments)

"Please remove your shoes" - Do you think this note can hinder a sale? - 09/14/10 11:38 PM
Recently I read an article regarding sellers asking prospective buyers to remove their shoes before viewing the home (View article here).Sellers may have many reasons to ask people to remove their shoes before entering their home: Cultural reasons, cleanliness, preservation of carpets and woods etc.  It certainly seems like a simple and easy request, but some buyers feel "put off" by this request and the debate is that it can actually inhibit a sale. Some schools of thought believe that buyers will understand and appreciate that a seller wants to keep their home in pristine condition and will actually impress a … (6 comments)

Foreclose Homes - Wausau WI Area - Update 9/10/10 - 09/10/10 11:29 AM
 
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Pending Homes Sales Rise - 09/04/10 09:19 PM

Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors®.
The Pending Home Sales Index,* a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, but remains 19.1 percent below July 2009 when it was 98.1. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.
Lawrence Yun, NAR chief economist, cautioned that there would be a long recovery process. "Home … (0 comments)

 
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Tim Hagedorn

Wausau, WI

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Address: 114 W Knox Street, Wausau, WI , 54401

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