Foreclosure Activity in the US Hits Lowest Level Since 2006



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A recent report from RealtyTrac® shows foreclosure filings, which includes default notices, bank repossessions and scheduled auctions were reported on 101,938 properties in the US in February. The article in RisMedia points out this figure has declined by 4% since January and is 9% lower than a year earlier. These latest figures show foreclosure activity […]

Memphis Mortgages The Good, Bad, and Ugly Part 1



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Mortgages in Memphis are not a simple subject. There are many more options than most people consider. Should you take out a mortgage requiring the lowest down payment or keep savings to pay a higher down payment to gain the advantage of a lower interest rate? If you already have a mortgage, is it smarter […]

Spring Cleaning A Home Tradition



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Spring cleaning is more or less an annual American tradition. Besides cleaning the windows to let the spring sunshine in, think about cleaning out unused furniture, appliances, and old clothing to make more space in your home. Another Person’s Treasure As people say, one person’s trash is another person’s treasure. Why not turn that old […]

Essential Tips For First Time Home Buyers



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When buying a home for the first time, most buyers often find themselves at the mercy of the process. Real estate and lending professionals are there to help you accomplish your goal of finding and financing your new home, but they are not there to give you personalized advice to help insure that you make […]

Legally Avoid Paying Tens Of Thousands On Your Home Loan



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The best kept secret in the housing industry is just how easy it can be to shave years off your home mortgage loan and save tens of thousands of dollars in the process. Mortgage lenders don’t want you to know this, because it takes money out of their pocket, but the fact is that there […]

The Real Estate Market Looks Solid



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Most indicators for the residential real estate market look solid as we begin 2015. Don’t expect as much growth as we saw in 2013 and 2014 but the market has mostly recovered and will continue to expand at a healthy pace. The year of the Millennials. The market has been waiting for the Millenial generation […]

8 Things American Homeowners Want



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The Demand Institute recently polled more than 10,000 households — both renters and home owners — across income levels to find their top unfulfilled housing needs and desires.

The Best Neighborhoods in Memphis to Raise a Family



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When you are looking for the best neighborhoods in the greater Memphis area to live and raise a family, you’re probably looking for low crime rates, good shopping, other nice amenities, and quality schools. Described here are some of the better neighborhoods filling those needs in the greater Memphis area. Collierville. With a population of […]

3% Down Payments May Be Coming



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Fred Watt is the director of the FHFA and is responsible for the oversight of Fannie Mae and Freddie Mac. In October, he announced that he plans to allow 3% down payments mortgages for the many financial institutions that Fannie and Freddie guarantee. He states that his intention is to include more minorities and people […]

Rent to Own Comes With Many Options



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There are many ways for both the seller and buyer to both benefit from rent to own homes. Rent to own contracts are not standard purchase contracts. The seller and buyer can write almost any clauses into the contract that meet their needs. Today’s real estate market is showing signs of recovery but it would […]