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September 2007 - Posts

Foreclosure,Pre-Foreclosure...Definition

With increasing number of foreclosure, bank owned homes you may run into the following terms while searching for your dream home. Here are the top ones with their definition. There tend to be three stages in foreclosure process. These periods are known

"$400 Admin Fee" Junk or Legit Fee?

If you have done a settlement on page 2 of your HUD1 you might have seen this as one of your real estate transaction fee. Have you every questioned your agent why they are charging this fee? When you signed the listing agreement if you are a seller or

Seller you got contract -Let's celebrate but wait....

You are a home seller, received a contract looks very good. We all are excited for next step to remove all the contingencies. Some of the common contingencies are home inspection, radon, financials, and appraisal. Once that's done you will think hey

5 Hot Trends in Real Estate Development

Giffels-Webster Engineers, a civil engineering firm in suburban Detroit, identifies five top trends in real estate and development. The trends are: * Green building and design. Increased pressure on communities and businesses to promote environmentally
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Mortgage-where we are leading

With so much going on in lending industry, bond market, real estate, foreclosure etc. Past month President Bush government gave some relief by outlining following: • Temporary tax relief to ensure that cancelled mortgage debt on a refinanced mortgage