ARCHIVED BLOG POSTS
2009
REDC AUCTIONS 3 Day Washington DC, Delaware, Maryland, Virginia Auction Event http://www.ushomeauction.com/auction-details.php?auctionID=H-063&chkVenue=470 REDC has scheduled several major auctions of properties owned by lenders. You may view the brochure on line or call 1-800-514-5807 to recei...
02/24/2009
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FREDERICK COUNTY, MARYLAND - LENDER OWNED FORECLOSURES REO REPORT FROM ROY KELLEY & ASSOCIATES (Rev. 2/23/2009 Contact us for further price reductions.) REO properties are foreclosed homes that are now owned by lenders. We represent purchaser clients as their exclusive agents. The dis...
02/23/2009
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While New York Bleeds Washington Thrives At the same time Wall Street is losing jobs and prestige, the nation's capital is gaining steam as it ramps up to fight the recession Look out, New York. Washington is gaining on you. As the nation's most populous metro area feels Wall Street's pain, the f...
02/23/2009
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Housing secretary defends Obama foreclosure plan 45 percent of home sales in December were "distressed," meaning either sellers were facing foreclosure or the homes were already seized by the bank, driving down home prices further in an already-battered market. WASHINGTON (CNN) -- The Obama adm...
02/22/2009
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FREDERICK COUNTY, MD REO BACK ON MARKET If you previously called on this property and were told that it was under contract, please call us again. The property did not go to settlement an is again on the market and available for purchase. Lenders are highly motivated sellers and it is a good time ...
02/22/2009
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IN A BUST, A REFINANCING BOOM Jack Guttentag, in his column The Mortgage Professor, discusses mortgage refinancing in The Washington Post. If your mortgage rate is or may go higher than the current low rates, it may be a good time to refinance to a low fixed rate. Always ask you current lender if...
02/22/2009
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Federal Stimulus Bill Impact on Buyers Great news for first-time home buyers. The Federal Stimulus Bill of 2009 provides great incentives for those interested in purchasing homes this year. While many homes are at an all-time low price, this is the time to get serious and start looking. While ...
02/22/2009
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When we attend real estate settlements with buyer clients, there are some questions that may always be anticipated. One document that we all hate is the authorization allowing the lenders to access personal tax return information. This article appeared in the Housing Counsel column in today's iss...
02/21/2009
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Many seniors wish to remain in their homes for a lifetime. This well done article appears in today's issue of The Washington Post. Some of these home owners could also benefit from the use of a Reverse Mortgage that could fund the cost of home improvements and supplement income with no monthly p...
02/21/2009
Excellent article in The Washington Post, The Nation's Housing, in the Real Estate section today. Combine the available $8,000 tax credit with family assistance and FHA financing and a new college graduate can become a home owner before the end of November deadline. Get the cash this year by amen...
02/21/2009
