Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate professional to guide you on the path to […]Read More 5 Reasons to Hire a Real Estate Professional Before Entering the Market!
Looking for a dark cloud? Is your silver lining getting too….silver? Well, you’re in luck! Look no further, the D & G Media brothers await! They’re always together, lurking behind those golden rays of sun, hiding behind that small blue-sky-day cloud, ready to suck the last bit of hope and positivity out you. Headlines read […]Read More Doom & Gloom Media strikes again!! Will higher rates really ‘roil’ the housing market? NO. Here are 4 reasons why
From my friends at CAG Group – Yesterday Equifax announced that it had been breached back in July and as many as 143 million US consumers are impacted. The company is offering free credit monitoring for those impacted by this breach. I checked my personal information – took 45 seconds – and determined it […]Read More Equifax Breach – Is Your Information Safe?
From my friend Craig Barton out of Fresno, CA – In case you haven’t heard already, a woman in Glenview, Illinois has filed a lawsuit against Zillow claiming that her Zestimate repeatedly undervalued her house and created a “tremendous roadblock” to its sale. The lawsuit was filed in Cook County Circuit Court by real estate […]Read More Zestimate Losing its Zest? (again)
The CFPB is beefing up its ongoing investigation into Zillow for possibly violating RESPA. Full article here from my friends at HousingWire You’ve been warned: CFPB puts Realtors, Lenders on RESPA violation watchRead More CFPB fires a warning shot! Realtors and Lenders Beware!
According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017. The survey also revealed 3 key takeaways: Those most likely to buy are ‘Older […]Read More Are You 1 of the 59 Million Planning to Buy This Year?
FHA announced this morning that it is lowering the annual premium 25 bps. It is effective for loans with a closing or disbursement date on or after January 27th, 2017. By making the change effective for loans closed instead of case numbers assigned, it eliminates a lot of the confusion caused in 2015 when premiums […]Read More FHA Cuts Annual MIP!
FHA published the 2017 mortgage limits this afternoon. They follow the limits outlined in the FHFA announcement last week. The new FHA limits apply to case numbers assigned on or after January 1st, 2017. The new single-family “floor” is $275,665 and the new maximum loan amount in high cost areas is $636,150. For the Dallas-Fort Worth […]Read More FHA to Increase Loan Limits 2017!
Check out the new release below. Conforming loan limits will increase from $417,000 to $424,100 in 2017. This is the first increase in almost 10 years. FHFA Announces Increase in Maximum Conforming Loan Limits for Fannie Mae and Freddie Mac in 2017 FOR IMMEDIATE RELEASE 11/23/2016 Washington, D.C. The Federal Housing Finance Agency (FHFA) today […]Read More Conforming Loan Limits to increase from $417k to $424k in 2017!
From my friends at TheTBWSgroup – Housing demand is rising rapidly, but a key cog in the wheel to homeownership is in deep trouble. The people most needed to close the deal are disappearing. Appraisers, the men and women who value homes and whom mortgage lenders depend upon, are shrinking in numbers. That is causing growing […]Read More Closing Delays Linked to Appraisers??