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Limits to Appraisal Requirements Proposed

Mortgage Loan

Six regulatory agencies issued a proposal Wednesday that would exempt three types of higher-priced mortgages from appraisal requirements. The plan would exempt loans secured by existing manufactured homes (and not land), certain types of “streamlined” refinancings, and loans of $25,000 or less. To learn more, check this property appraisers guide at the link. The six agencies “Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and […]

Featured Indian Wells Gay Realtor: Scott, Windermere Real Estate

Buying a Home

BUYING or SELLING? Contact me Today! Let’s get started marketing your property today and/or finding you the property of your dreams. As a Native of the Coachella Valley, I can provide you with an extensive knowledge of the Valley to help you make the best decision for your needs. When you think of Real Estate, ONE OF THE BEST INVESTMENTS IN TODAY’S MARKET, please contact me, I want to be YOUR Realtor. 2010 President – Palm Springs Regional Association of […]

More Home Owners Keep Up With Mortgage Payments

Other

Mortgage delinquencies posted their largest year-to-date drop since 2002, Lender Processing Services reports. Delinquencies fell 15 percent during the end of December 2012 to May 2013. New problem loan rates are approaching the pre-crisis average, says Herb Blecher, LPS Applied Analytics senior vice president. “Though they are still approximately 1.4 times what they were, on average, during the 1995 to 2005 period, delinquencies have come down significantly from their January 2010 peak, Blecher notes. In large part, this is due […]

Majority of Americans expect housing fundamentals to rise

Other

It seems Americans are growing more optimistic about the state of housing, as more than half of potential homebuyers now expect the nation’s home prices and mortgage rates to appreciate within the next year, Fannie Mae reports. Those results came from Fannie Mae’s June 2013 National Housing Survey, which revealed the share of respondents who anticipate a mortgage rate increase rose 11 percentage points, bringing the June total to 57%  the highest level since the survey’s creation in 2010. Those […]

Gay Realtor James Akers

Featured Greenville Gay Realtor: James, The Marchant Company

Buying a Home

James was born and raised in Lexington, NC (the BBQ Capital of the World!). For more than five years, he worked as a store manager, then a district manager for a wireless retailer, managing stores in Winston-Salem, Charlotte, Concord, Pineville, Matthews, Spartanburg, and Greenville. After living in Charlotte for three years, James moved to Greenville and fell in love with the Upstate.

Vince Vaughn's Chicago Townhouse

Vince Vaughn’s Chicago Townhouse for Rent for $9,500 a Month

Other

In Vince Vaughn’s upcoming role, he’ll play long-distance landlord to a property in Chicago. Or, at least, that’s his hope. The comedic actor has listed his townhouse for rent for $9,500 a month.

Gay Realtor Brian Guffey

Featured Atlanta Gay Realtor: Brian, Brian Guffey & Associates

Buying a Home

I have been a Licensed Realtor® since 2001, and have been an owner in Keller Williams Realty Atlanta Midtown since 2005.

Foreclosures Down 29% From Year Ago

Other

Foreclosures are continuing a steady fall, as home prices rise and the housing market picks up nationwide.

Mexico May Become More Open to Foreign Buyers

Buying a Home

Mexican lawmakers are considering lifting restrictions on foreign ownership of property along the country’s coasts and borders, The Wall Street Journal reports. The move could boost residential real estate development in Mexico’s vacation-home market, housing experts note. Currently, Mexico prohibits ownership of land within 31 miles of its coast or international borders. The century-old restrictions were put in place in 1917 out of fears of U.S. expansion. In order to buy currently in restricted zones — which include many popular […]

Gay Realtor Bob

Featured Portland Gay Realtor: Bob, Lee Davies Real Estate

Buying a Home

My most important job is listening to my clients not only in the initial interview but also as they tour prospective properties allowing me to search properties through their eyes. Once the desired property is located I work with other team members to ensure all aspects of the transaction are completed smoothly.

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