Gainesville Residents are Not Scared by the Housing Crisis In a study conducted by Integra Realty Resources, an independent real estate valuation firm, 75% of Americans still aspire to own a home and considers home ownership as one of life’s major goals. This population of home-dreamers is based
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06/28/2012
Is your Mortgage Lender and Where you Bank the Same - How many of us truly sit down and read every document we sign when we have a stack of papers sitting in front of us and we have some place better to be? This is all too common, especially in Gainesville Real Estate, Car purchases, signing up n
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06/28/2012
Federal Housing Administration’s (FHA) secretary, Shaun Donovan, announced that the agency will be selling off distressed mortgages in bulk. This move attempts to prevent foreclosure for thousands of homeowners and shed those seriously delinquent home loans. Every time a new announcement comes fr
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06/28/2012
Gainesville Short Sale Agents Rent To Buy Scheme This is a real estate scheme that purports distressed homeowners into their property under a rent-to-buy plan. The scammers will ask the homeowner to sign over the deed of the home to a company or individual who has a good credit standing so that t
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06/13/2012
Is your Gainesville Short Sale Lender Delegated? You may be surprised to find out what “delegate” means in short sales. To come straight to the point, the word “delegate” in short sale literally means what it is, to entrust to another. You may be making payments directly to Bank of America, Wells
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06/13/2012
Gainesville Short Sales Agents Refinancing Bankruptcy Trick The scammer assures you that they can negotiate with your lender to help you refinance your home. The scammer then asks for an upfront fee and disappears with the your money and files a bankruptcy in your behalf without your knowledge. Y
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06/13/2012
18% of GSE loans are attached to second lien HousingWire estimated that less than 18% of Fannie Mae and Freddie Mac mortgages have a second lien. Both enterprises have a total of 29.2 million home loans when combined. And 18% of which, or 5.1 million have a second lien attached. A massive first-l
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06/08/2012
Gainesville - Principal Loan Reduction Last Thursday, eleven Democratic Attorney generals sent a letter to the Federal Housing Finance Agency (FHFA) requesting for an abrupt implementation of principal loan reduction by GSE- related mortgages. The letter was addressed to the agency's acting direc
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06/08/2012
