RECENT BLOG POSTS
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This post originally appeared on HousingStorm.com on the training blog for HousingStorm writers. 89 Topics for Killer Local Real Estate Posts Real Estate Appraisal Problems New Guidlines Local Stories FHA Appraisals vs Conventional Pest Clearances needed? Commercial Real Estate The Coming Implosi...
09/27/2009
Wells Fargo releases new guidlines for Buyers who have had a short sale, foreclosure, or bankruptcy.
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This post originally appear on HousingStorm.com Wells Fargo releases new guidlines for Buyers who have had a short sale, foreclosure, or bankruptcy. As of August 17th 2009... After completion of a short sale Caused by financial mismanagement: 4 Years are required to re-establish credit Minimum Cr...
09/26/2009
Despite all the efforts of our Government to prop up the housing market, both sales and prices have resumed their downward trends. From The National Association of Realtors Existing-Home Sales Ease Following Four Monthly Gains Existing-home sales in August gave back some of their strong gain in J...
09/24/2009
Daniel Indiviglio writes for The Atlantic The "Shadow" Foreclosure Inventory ...Driving around Fort Lauderdale, it became extremely clear just how big a hit its economy has taken as a result of the real estate market's collapse. It's like a different world compared to what it was like just a few ...
09/24/2009
The American Banker reports Postponing the Day of Reckoning Pick up just about any city's newspaper or turn on any news show, and if the topic is real estate, the banking industry is likely being lambasted for foreclosing on troubled homeowners. But industry data and anecdotal evidence suggest ...
09/21/2009
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Dig deeper...it's not houses. Most buyers choose their homes because they meet basic criteria (size, location, price) and because they possess some specific intangible qualities. Few buyers are sold a home that they wouldn't have otherwise bought without the salespitch. Moreover, most homesales h...
09/18/2009
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Private investors have been afraid to touch mortgage-backed-securities (for anything remotely close to face value) because, well, they are smart. Those investments have been very very bad. The result is that the only provider of liquidity for mortgages has been Uncle Sam. The Mortgage Bankers Ass...
09/18/2009
Wells Fargo releases new guidlines for Buyers who have had a short sale, foreclosure, or bankruptcy.
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As of August 17th 2009... After completion of a short sale Caused by financial mismanagement: 4 Years are required to re-establish credit Minimum Credit Score = 680 Caused by extenuating circumstances: 2 Years are required to re-establish credit Significant written evidence to support the extenua...
09/18/2009