If you think interest rates need to come down, look no further! I have had two lenders email their rate quotes today and they are at 4.75% and 4.875% for a 30 year fixed. Even for 60 day locks. Possibly lower » Read more  

The value of homes in the US fell in the second quarter this year by 12% compared to the same time last year.  However, the rate of decline shrank,   according to Zillow.com, with smaller market declines » Read more  

If a Homeowner Defaults on a Mortgage, The Bank Will Foreclose or List the Home as a Short Sale! How does one go about purchasing a Short Sale or Foreclosed property?  After a borrower falls behind, and the » Read more  

First quarter data from 2009 reflects that 20% (Zillow.com) of all homeowners in the United States are in this situation. Being underwater is a term used meaning, if you were to sell your home in today’s » Read more  

Following is some information on the First Time Home Buyer Tax Credit that we have received several questions about.  I hope you will find it helpful for yourself or someone you know who might be » Read more  

With Interest Rates Low and a Good Selection of Homes, It’s A Great Time to Purchase a Home in Jacksonville Beach and the greater Jacksonville, Florida area! The National Association of Realtors reports » Read more  

A short sale, like any charged-off debt, will have some impact on the borrower’s/seller’s credit. How much of an impact depends upon on how the bank reports it on the credit report and whether or » Read more  

We will now take a look at the process of selling a home. In today’s market I cannot stress the importance of using an agent to sell your home. Imagine this, in the years that the real estate market was » Read more  

If you are considering the purchase of a home in a specific area or neighborhood, talk to people in the neighborhood, pick up fliers from the Real Estate Professionals’ Listed homes, as well as the For » Read more  

Under guidance of FHA approved lenders bridge loans can now be developed so First Time Home Buyers can use this money to pay closing costs, buy down their interest rate, or pay a larger than required down » Read more