Homeowners with positive equity in their homes have fewer problem loans and are outperforming the national average for defaults. Their default rates are close to pre-crisis norms. The latest data from Lender Processing Servicers shows that the overall equity trend has been a very positive one. “LPS’ latest data shows that the share of loans […]
Real Estate Q&A: How to Get Out of a Land Deal Gone Bad
Real Estate Q&A: How to Get Out of a Land Deal Gone Bad
(MCT)—QUESTION: I bought a vacant lot a few years ago on the Internet, sight unseen. Turns out, the property is unusable because it’s on the edge of a development and on a deep slope. I found out that it is part of an association, and the dues now have exceeded the value of the property. […]
Real Estate Q&A: How to Get Out of a Land Deal Gone Bad
(MCT)—QUESTION: I bought a vacant lot a few years ago on the Internet, sight unseen. Turns out, the property is unusable because it’s on the edge of a development and on a deep slope. I found out that it is part of an association, and the dues now have exceeded the value of the property. […]
Freddie Mac CreditSmart® Online Tutorial Helps Prepare Future Borrowers for Homeownership
Freddie Mac recently announced a free, online CreditSmart(R) tutorial to provide working families and new or inexperienced borrowers with basic sound information about building savings, personal credit, and making wise financial choices. CreditSmart is a comprehensive, multilingual financial education curriculum that has reached more than three million consumers in 44 states through lenders, churches, schools […]
Freddie Mac CreditSmart® Online Tutorial Helps Prepare Future Borrowers for Homeownership
Freddie Mac CreditSmart® Online Tutorial Helps Prepare Future Borrowers for Homeownership
Freddie Mac recently announced a free, online CreditSmart(R) tutorial to provide working families and new or inexperienced borrowers with basic sound information about building savings, personal credit, and making wise financial choices. CreditSmart is a comprehensive, multilingual financial education curriculum that has reached more than three million consumers in 44 states through lenders, churches, schools […]
Ask the Experts: What Should Home Sellers Do to Prepare for a Home Inspection?
We see it every day. Sellers who don’t take the time to ensure a smooth home inspection and who pay for it in the long run. A little preparation can ensure sellers have great home inspections. Home inspectors typically arrive 30-45 minutes early to the home inspection appointment so that they are professionally set up […]
Ask the Experts: What Should Home Sellers Do to Prepare for a Home Inspection?
Ask the Experts: What Should Home Sellers Do to Prepare for a Home Inspection?
We see it every day. Sellers who don’t take the time to ensure a smooth home inspection and who pay for it in the long run. A little preparation can ensure sellers have great home inspections. Home inspectors typically arrive 30-45 minutes early to the home inspection appointment so that they are professionally set up […]