buying · foreclosure · interest rates · Keller Williams · mortgage · short sale

Loan Eligibility After a Bankruptcy, Foreclosure or Short Sale

Many people have gone through hard financial times. Especially within the last few years. This does NOT mean the end to your home ownership dreams! The following chart shows when you may become eligible for a home loan after a financial set back. Loan Eligibility After a Bankruptcy, Foreclosure or Short Sale   For more… Continue reading Loan Eligibility After a Bankruptcy, Foreclosure or Short Sale

foreclosure · mortgage · real estate · short sale

What Fannie Mae is giving some homeowners for the holidays. (But only to those who don’t pay their bills.)

WASHINGTON, D.C. (FannieMae.com) – Fannie Mae announced yesterday that it will suspend evictions of foreclosed single-family and two-to four-unit properties from December 19, 2011, through January 2, 2012. During this period, legal and administrative proceedings for evictions may continue, but families living in foreclosed properties will be permitted to remain in the home. Homeowners with Fannie… Continue reading What Fannie Mae is giving some homeowners for the holidays. (But only to those who don’t pay their bills.)

foreclosure · Home Tips · mortgage · real estate · Refinance · selling · short sale

REALTOR® Magazine-Daily News-Fannie Revamps Rules on Delinquent Loans

REALTOR® Magazine-Daily News-Fannie Revamps Rules on Delinquent Loans.       For more information on building, buying, selling or leasing commercial or residential property anywhere in the world, contact Nicole Tucker, licensed agent with Keller Williams, Dallas Preston Road office at 972-992-8204 or visit my website at http://www.NicoleRE.com. Nicole Tucker ~ Making Real Estate Real… Continue reading REALTOR® Magazine-Daily News-Fannie Revamps Rules on Delinquent Loans

buying · foreclosure · mortgage · real estate · selling · short sale

Texas Attorney General halts foreclosures and sales of foreclosed properties

From: Texas Association of REALTORS® Legal Department The Texas Attorney General’s office has halted all foreclosures, all sales of properties previously foreclosed upon, and all evictions of persons residing in previously foreclosed upon properties, until mortgage companies have completed a review of their processes, including whether employees or agents “robosigned” affidavits and other documents recorded… Continue reading Texas Attorney General halts foreclosures and sales of foreclosed properties

buying · Collin County · Dallas · foreclosure · home for sale · Homes · Keller Williams · real estate · Sachse · selling · short sale · Woodbridge Master Planned Golf Course Community · Wylie

Monthly statistics

It’s the 1st day of a new month.  That means it’s time for a housing statistics update. I have been tracking our area real estate statistics for almost THREE years.  The numbers are available for your review here. For more information on building, buying, selling or leasing commercial or residential property anywhere in the world,… Continue reading Monthly statistics

foreclosure · Keller Williams · mortgage · real estate · Refinance · Savings · short sale

FHA Refis for Underwater Borrowers

FHA has launched a refinancing program to assist homeowners who owe more on their mortgages than their home is worth. Starting September 7, the agency will offer qualified non-FHA borrowers the opportunity to refinance with an FHA-insured mortgage on their primary residence. Borrowers must be current on their existing mortgage, qualify under FHA underwriting requirements, and… Continue reading FHA Refis for Underwater Borrowers

first-time homebuyer tax credit · foreclosure · Keller Williams · real estate · selling · short sale

FIRST-TIME HOMEBUYER CREDIT REPAYMENT

Beginning in August of 2010, the IRS plans to send out notices to taxpayers who claimed the first-time homebuyer credit and may be required to repay it. There is a repayment obligation if the home is sold or ceases to be used as a principal residence within three years of purchase. There is no documentation… Continue reading FIRST-TIME HOMEBUYER CREDIT REPAYMENT