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MORTGAGE PROTECTION PROGRAM
With each listing agreement signed with Seahorse Realty the seller will be given the oportunity to give the buyer a one year Mortgage Protection Plan. If buyer looses his or her job the plan will make 6 months of mortage payments while they collect unemployment Read More...
FORMER HOME OWNERS RECLAIM FORECLOSED PROPERTY
One possible outcome of the foreclosure crisis could be a fight between former owners of foreclosed homes and lenders. An example of what might become a larger trend happened in California, where a couple and their nine children used a crowbar to break Read More...
FEWER BUYER CONSIDER FORECLOSURES
Daily Real Estate News | May 21, 2010 | addthis_pub = 'rmostaff'; addthis_logo = 'http://www.addthis.com/images/yourlogo.png'; addthis_logo_background = 'EFEFFF'; addthis_logo_color = '666699'; addthis_brand = ''; addthis_options = 'delicious, digg, favorites, Read More...
Excellent commerical investment opportunity (10% CAP RATE)
COMMERICAL PROPERTY • 3,978 sq. ft., 3 bath single story - MLS® $570,000 - 10% CAP RATE Swifts Beach, Wareham - COMMERCIAL BUILDING AT SWIFTS BEACH: Fully equipped Pizza Restaurant, Convenience Store and Laundromat. Tenants have long term leases. Read More...
Suprising Facts About the Buyer Tax Credit
The homebuyer tax credit is not as simple or straightforward as you might think. Here are some nuances that will affect homebuyers who plan to use it. To qualify for the move-up tax credit, a home owner must have occupied the same principal residence Read More...
SELLERS SHOULD LIST HOME EARLY
Selling a home in the dead of winter might seem ill-advised, particularly considering the state of the economy, but some experts think that making the decision to wait until spring to list the property could be a mistake. Government incentives will likely Read More...
FHA Announces Rules for Short Sales and Short Pay Offs.
On December 16, 2009, the Federal Housing Administration (FHA) released Mortgagee Letter (ML) 2009-52, providing guidance to lenders and underwriters on short sales and short pay offs. The guidance is effective immediately and impacts FHA Handbook 4155.1, Read More...
BANKS MAKING SHORT SALES TOUGHER
Banks are backing away from short sales, forcing sellers to pay extra at closing or demanding a promissory note for the amount due. One-third of borrowers owe more on their mortgages than their properties are worth, according First American CoreLogic. Read More...
HUD: TAX CREDIT CAN BE USED ON CLOSING COSTS
FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development Read More...
ARE YOU UPSIDE DOWN ON YOUR MORTAGAE AND NEED TO SELL?
Here at Seahorse Realty you can get the help you need! We will list your home for sale as a Short Sale at no cost to you.. When we get a buyer for your home we will negotiate with your lender to accept the offered price and forgive the balance. We even Read More...