Posted by in , , with State and federal officials are pushing to more tightly regulate the way banks and other mortgage servicers treat struggling homeowners in a bid to stem foreclosures. Current government modification programs are largely voluntary, and there are few rules governing servicers’ practices. But on Thursday, the nation’s largest banks, including Wells Fargo & Co., Bank of America Corp., and Citigroup Inc., received a detailed 27-page proposal from state attorneys general…
"Mortgage Practices Overhaul Proposed | Sun Valley Real Estate"Author: Aly Chiman
Part 1: What it takes to sell in todays market | Sun Valley Real Estate Posted by in , , , , , with . When things were booming and buyers were snapping up homes at ever-increasing prices, agents didn’t have to work very hard to bring you a buyer, and sellers didn’t have to work very hard to prepare their property to sell. All that has changed. As you’ll read in my special reports,…
"Listing Expired – House still not sold?"Posted by in , with By: G. M. Filisko Have to sell your home for less than it’s worth? Our seven tips will help you get the best price. There are five important steps to consider if you are faced with a short sale. When you owe more on your home than it’s worth, but you have to sell, you need to squeeze every dollar possible from the sale. Here are seven tips for navigating…
"7 Tips for Short Sale Success – Information Plus Short Video | Sun Valley Real Estate"Posted by in , , , with There might finally be some good news this year about the nation’s dismal housing market. Or, at least, the bad news could stop. Either way, it will be welcome relief for current homeowners as well as for potential real-estate investors. Reasons to be optimistic have been sadly lacking since the housing bubble burst in 2006. We may be at the bottom of the cycle For sure, last week…
"Why 2011 May Be the End of the Housing Crash | Sun Valley Real Estate"Posted by in with Big news in the real estate world today! Fannie/Freddie On Chopping Block –The white house came out with their mortgage reform options today, including the shut-down of Fannie/Freddie. There is a lot of analysis going on, here’s some from / / The Obama administration laid out three broad options Friday for reducing the government’s role in the mortgage market. All three would almost certainly lead to higher interest rates and costs…
"Massive Mortgage Changes Coming That Will Affect Home Loans | Sun Valley Real Estate"