4 Reasons to Sell Your Home – Sellers

If you’re currently on the fence about making that final sell, now may be your golden opportunity. Century 21 Riverpointe, a Downriver based real estate company, is able to help you with this important buying decision. “Mid-March to mid-April is the best time to hang the sale sign nationally, with homes selling 15% faster and…

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Foreclosure Claiming Lives of Mortgages!

Thought the housing market is on a general upward stretch, the foreclosure ratings are rising just as quickly, with bigger mortgages unfortunately headed for foreclosure. “According to numbers from real estate analytics firm CoreLogic , in December 2014 the country’s foreclosure rate fell to 1.4%, the lowest level since March 2008. But while the overall…

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2015: The Year to Buy

It’s official. 2015 is truly the year to buy your dream home. According to U.S. News, the tough market for buyers will disappear, and the power of negotiation and decision is moving back to the buyers, where it truly belongs. It also seems that the millennials are taking over the market, shrinking the population of…

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FHA Making Cuts – Buyers

The FHA wants to save you money, and the President is on board. “‘Existing homeowners who refinance into an FHA mortgage will see similar reductions to their mortgage payments as well,’ said a statement from the White House at the time of the announcement. ‘In total, this action will help millions of families save billions…

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Spouse Conflict and House Conflict – Buyers

The absolute worst time to buy a home is, not shockingly, when you’re having serious conflict with your spouse or significant other. “Buying a home is a commitment and a responsibility. To be successful homeowners, your goal should be to maintain and enhance the value of your home. It’s much harder to protect and grow…

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Delinquency Spikes Continues – S.S./Forecl.

“Delinquent Mortgage” November was a tough month for mortgage rates, proves Black Knight Financial Services. “Black Knight Financial Services, a division of Fidelity National Financial, has released its “first look” at November mortgage performance data.  The company provides this monthly preview of the data, one or more aspect of which is featured in greater detail…

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Mortgage Is Getting Easier – Mortgages

Everything you ever thought about the concept of mortgages is about to be flipped and twisted. “For years now, if you didn’t have near perfect credit and a hefty 20% down payment, chances were slim that lenders would give you a mortgage. But that’s all about to change. That’s because Fannie Mae and Freddie Mac,…

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Foreclosures Up 15%? – S.S./Foreclosures

In recent news, the rate of U.S. foreclosure activity has increased 15% since last month. The U.S. Foreclosure Market Report from this October was released last week, with a 15% increase in activity, including default notice, repossessions, and scheduled auctions. This report, released by RealtyTrac, shows the largest month-to-month increase in activity since March 2010,…

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Economic Growth: For the Best? – S.S./Fore.

I hate to post on bad terms, but the recent economic growth is having an adverse effect on housing demand. But don’t fret, there are optimistic benefits; you’ll see. “The U.S. economy is definitely growing after a disappointing start to the year, but it’s a double-edged sword for housing demand. On the one hand, lackluster economic…

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