Mortgages Fees Are Going Up!

Penguins

Mortgages Fees Are Going Up! Fannie Mae and Freddie Mac are raising what they call “risk fees”* to lenders and borrowers with good credit. It doesn't matter if you have good credit and pay all your bills on time. It doesn't matter if you have a good job. It doesn't matter if you make a fabulous salary. You will pay more money now if you are … [Read more...]

Here’s How To Get Out Of Debt

in debt we trust

Here's How To Get Out Of Debt - Many people I see out in the market place today treat their personal household budgets like it were the federal budget.  This is an easy model to follow because after all doesn't Uncle Sam have your best interests at heart?  Well they say they do, however, Uncle Sam can do something that you can’t do.  If … [Read more...]

Finding The Positive In A Short Sale

California Association of Realtors has come up with a series of video to discuss short sales. This is the first video in four, which will help Realtors. It also gives homeowners a behind the curtain view about the short sale process and how it can benefit everyone in the long run. … [Read more...]

Foreclosures filings are on the rise.

Sheriff At Work

All across the United States we are starting to see more homeowners face the foreclosure process.   The only saving grace for homeowners is it is taking longer for the banks to sell their foreclosed homes as well as longer time for them to take title to the property. A whopping 14% increase of default notices for homeowners who had been … [Read more...]