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US Real Estate
Low Appraisal Problems Continue to Dog Buyers
By
Mike Wheatley
| June 5, 2012
Mortgage
,
Real Estate
,
Residential
,
US Real Estate
Borrowers Face “Interrogation” From Mortgage Lenders
By
Mike Wheatley
| May 16, 2012
The majority of consumers fail to realize exactly what lenders will ask them about when it comes to applying for a mortgage loan, and as a result, many borrowers are shocked about some of the things that banks will ask of them.
Mortgage
,
Real Estate
,
US Real Estate
Mortgages Harder Than Ever to Obtain
By
Mike Wheatley
| May 14, 2012
Mortgages have become notoriously difficult to obtain, even among some of the most creditworthy borrowers, and lending standards are unlikely to be eased any time soon, according to Federal Reserve Chairman Ben Bernanke.
Featured News
,
US Real Estate
Most Strategic Defaulters Have Great Credit And Few Debts
By
Mike Wheatley
| October 7, 2011
Earlier this week, I happened to stumble on a great article by Justin McHood who wrote about an emerging trend amongst homeowners – “Buying and Bailing”, wherein they take advantage of the fact that property prices are lower than ever, by buying a new home and then walking away from their current, underwater home. Justin’s […]
Mortgage
,
Real Estate
,
US Real Estate
Deadline Extended For Banks To Revamp Foreclosure Practices
By
Mike Wheatley
| June 15, 2011
Federal regulators have given the nation's 16 leading mortgage lenders another month to work out how they are going to tackle the widely publicized problems they are facing with loan modification and foreclosure procedures. Mortgage lenders and servicers were initially given a 45-day deadline by federal regulators to come up with their plans - a […]
US Real Estate
Prove You Own My Mortgage!
By
Mike Wheatley
| June 3, 2011
Struggling owners of delinquent homes have found a new wild-card to play in the fight to save their homes from a foreclosure order – forcing mortgage companies to prove they own their loans. More and more homeowners are successfully arguing in court that their money lenders have no proof they own the loan they […]
Real Estate Investing
Is Now Really Such a Great Time To Buy?
By
Mike Wheatley
| May 10, 2011
“Now is a great time to buy” Yeah, we’ve heard that so many times over the last few months, and no doubt so have you. We wouldn’t be surprised if you were actually sick of hearing it, it’s been repeated so much over the last few months. But, according to Zillow at least, now really […]
US Real Estate
California Realtors Ask for Easier Short Sales
By
Tavis J. Hampton
| March 11, 2011
California real estate agents believe foreclosure alternatives should be easier. In an open letter published in as many as seven major California newspapers, the California Association of Realtors (CAR) pleaded its case for a more simplified, standardized short sale process. According to the letter, 640,000 California residents have lost their homes in the past two […]
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