Our Blawg
HUD Unveils it’s New Settlement Cost Booklet for Borrowers
As the industry approaches the deadline for applying the new Good Faith Estimate and HUD-1 Settlement Statement forms, HUD has made good on its promise to provide a revised Settlement Cost Booklet that lenders and brokers will be required to provide to consumers...
read moreOur Real Estate Market is Not Static!
Single-family, townhouses and condos accounted for nearly 6.10 million units.
read moreDANCING WITH THE REALTORS® Season 3
NCMAR Members to Present: “DANCING WITH THE REALTORS® Season 3” to Benefit Habitat for Humanity The North Central Massachusetts Association of REALTORS® (NCMAR) has gone Hollywood. For the third year, NCMAR will be producing a fund raising event titled “Dancing...
read moreAre You Ready? New GFE and HUD-1 Coming Janruary 1, 2010
After December 31, 2009 you will see a new Settlement Statement at the closing table. The US Department of Housing and Development (HUD) has for sometime been working to revise the Real Estate Settlement Procedures Act (RESPA). The new revisions were just recently...
read moreShort Sale Alternatives
Recently I was asked what the practical alternatives to doing a real estate short sale were. Although evey individual situation is unique and some othre alternative may be available here are some of the more common alternatives.
read moreNAR – Pending Home Sales on the Rise
The National Association of Realtors reported that its pending home sales index, a forward-looking indicator based on signed contracts, rose 6.1% to 110.1 in September, following a 6.4% increase in August. It was the eighth consecutive monthly increase and the highest...
read moreCongress Extends First Time Home Buyer Credit
Legislators today voted to extend the $8,000.00 first time home buyer credit. Many say that the credit is responsible for the spike in the local real estate market while others criticize it as not being enough of an effort to stimulate the economy. The President is...
read moreProposal to Extend Tax Credit Under Consideration
The United States Senate leadership amended a proposition to substitute an expiring $8,000 first-time home buyer tax credit, extending the credit to higher-income borrowers and to others who already own real estate, according to Bloomberg. The program would extend the...
read moreDo Your Own Work – By Jeffrey Gitomer
I had to share this jewel of wisdom/sales advice. Jeffrey Gitomer is an off the wall, real world speaker and writer and an expert in sales and marketing. I follow his "rants" regularly and occassionaly I am compelled to share his...
read moreReal Estate Professionals Fed Up with HVCC
I have been speaking recently with many of my real estate business partners about their valid frustration over the Home Valuation Code of Conduct (HVCC) and how it unnecessarily jeopardizes transactions for homeowners and potential buyers. The Federal Law imposed to...
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