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When REO Property is being sold subject to 24 CFR 206.125
You may have seen this statement in the remarks section of property descriptions and purchase and sale agreement: "This property is being sold subject to 24 CFR 206.125". REO sellers are required by HUD to comply with this regulation upon the acquisition and resale...
What's Ahead For Mortgage Rates This Week – September 14, 2015
A short week after the Labor Day Holiday provided a slack schedule for economic news. Bloomberg reported that residential investment for the second quarter of 2015 represented 3.34 percent of the Gross Domestic Product. Compared to the long-term average reading of 4.56 percent, analysts said that the Q2 15 reading suggested pent-up demand in the housing market that could help propel the economy through any setbacks that could occur when the Fed raises rates.
Selling Your Home? 3 Mobile Apps That Will Help Make Your Next Move Much Easier
Moving is stressful. Don’t worry…there is an app for that! Technology makes moving easier than ever. Here are three mobile apps that help sellers manage their moves efficiently and with minimum stress.
A Step-by-Step Guide to Preparing Your Finances for the Mortgage Pre-Approval Process
Being pre-approved for a mortgage isn’t just a way to get a step ahead, in many cases it’s a necessity to buying a home. Many sellers don’t want to go through the negotiation process of selling their home only to have the buyer drop out when they can’t get approval for the mortgage they were relying on.
The Ultimate Guide to Getting the Most Value from a Home Inspection
One of the most stressful parts of selling a home is the dreaded home inspection. Getting the most value from a home inspection is crucial, especially since any missed item can cause a significant amount of trouble a few years or decades down the road. With that in mind, let’s take a look at a few tips on how one can get the most value from a home inspection.
What's Ahead For Mortgage Rates This Week – September 8, 2015
Last week’s economic news included reports on construction spending, private and public sector employment data and a report from the Fed indicating that any move to raise interest rates may be delayed.
Staging 101: How to Improve Your Landscape and Gardens Before Showing Your Home
Curb appeal is often neglected by sellers. So much attention is spent getting the inside of a home cleaned up that the outside is left until last. This is a mistake. Landscaping and gardens are the first things a prospective buyer sees. Following these tips ensures homes look their best and give a positive first impression.
3 Reasons Why the Cost of Title Insurance is Worth the Investment
Title insurance protects the owner of a home from any claim made against their property, whether or not they are responsible. These include unpaid mortgage balances on the home, an improper foreclosure or any form of real estate fraud perpetrated by the seller.
Selling Your Home? Here's Why You'll Want to Invest in Professional Photography
With all of the time and money that can go into moving, spending money on one more thing can seem like a bank account drain. However, when it comes to selling your home, investing in a professional photographer can mean the difference between getting a buyer and making a sale you’ll be proud of.
The Top 5 Home Features That Buyers Are Hunting For This Fall
Whether you’re getting prepared to buy a new home or just curious about upcoming trends in housing, there are a bevy of features gaining momentum on the real estate market. From top to bottom and room to room, here are five popular features that home buyers will be sure to notice this fall.