June 2009

Understanding Loss Mitigation

June 9, 2009 Loan Mods

While there is much said these days about foreclosure there is little said about avoiding foreclosure. Part of the reason is that the media has a tendency to center on the worst case scenarios associated with a problem. This is unfortunate because it leads to a situation where people don’t receive the help that is [...]

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What’s with these mortgage rates?

June 8, 2009 General

The big question on everyone’s mind right now is; what’s with these interest rates? Beginning on Thursday, May 21, rates began to move up, dramatically. They are now a full 1% higher than they were just a couple of short weeks ago. What’s going on, and will they come back down? How many of you procrastinated about refinancing, now think you’ve missed the boat?

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Properly Conducting a Closing

June 5, 2009 Mortgages

No venture will run smooth without proper preparation and when it comes to something as critically important as a real estate closing, would you want the closing to come off anything less than smooth? More than likely, you would probably prefer that all goes well with the closing and that no unforeseen problems occur. While [...]

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