TBWS Daily - 3/16/2012

By
Real Estate Agent with Century 21 Birchwood Realty, Inc.

The topics for today center around: HUD changing their guidelines on seller concessions - reducing from 6% to 3% which will make buyers mortgage payments higher; this could impact mortgage defaults.  Banks have only been allowing owners to short sale their homes if they miss payments; this triggers the Strategic Default, putting homeowners in a very negative position; this needs to stop. 

Think Big Work Small

Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.

Have a Great Day

 

Posted by

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For more information on sub-tropical Cape Coral and the Lee County area
                                  Contact

                                                                           Lois Davme with glassesies,ABR

        www.capecoralhomes.pro
            Cell: 239-357-5558                                                             
            Efax: 239-244-8975
    

     Century 21 Birchwood Reatly, Inc.
4040 Del Prado Blvd., Cape Coral, Fl.  33904
                      

 

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Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Florida Lee County Cape Coral
Groups:
All Things Florida
florida realestate
Almost Anything Goes
Century 21 Active Rainers
Realestateandfunding
Tags:
foreclosures
short sales
seller concessions
hud
tbws

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Lois Davies

Cape Coral & SW Florida
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