June 2010 Blog Posts (33)

Freddie Mac Weekly Mortgage Update: Mortgage Rates Remain Historically Low



The U.S. House has passed a bill giving home buyers an extra three months to complete their purchases and still qualify for a generous tax credit.The Senate is working to reach an agreement with Republicans to pass the House-passed homebuyer tax credit closing date extension early as today.



Although the case shiller index came in suggesting a fragile recovery is waning, it didnt include the sales figures representing market behavior after the end of the homebuyers tax credit.… Continue

Added by Your Property Path on June 30, 2010 at 6:41pm — No Comments

Hump Wednesday Funnies

Frank and Ernest cartoon about real estate





Share the wealth: Bookmark and Share







Stay Informed. Stay Connected.…





Backyard Wealth Facebook Continue

Added by Jennifer Griner on June 30, 2010 at 10:38am — No Comments

Is Now a Good Time to Refinance?

house and piggy bank refinance your mortgage



Recently, the mortgage rates have been the lowest since the mid-1950s. Does this mean that it’s a good time to refinance your home loan?



That depends mainly on what rate you have now—and whether you’re planning to move anytime soon. Experts advise weighing your options carefully.



Mortgage rates fell this week to their lowest point on records that mortgage company Freddie Mac has kept since 1971. The average for a 30-year… Continue

Added by Jennifer Griner on June 29, 2010 at 10:49am — No Comments

07/19/10 - CTREIA Meeting with Terry Hale - Cromwell, CT

CT REIA and Terry Hale presents:

Recession-Proof Income with Commercial Real Estate

July 19 - 5:30 to 9:00 PM

Crowne Plaza Hotel. 100 Berlin Road. Cromwell, CT

FREE for CTREIA and AOACT members | $30 for guests

Register For This Event



Come celebrate the 7th anniversary of CT REIA


We will be…

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Added by CTREIA on June 28, 2010 at 12:00am — No Comments

Mortgage Bankers Association: Mortgage Applications Decrease

Mortgage Bankers Association for the week of 6/23/2010



Market Composite Index: (loan application volume) decreased 5.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 6.0 percent compared with the previous week



Refinance Index: decreased 7.3 percent from the… Continue

Added by Your Property Path on June 27, 2010 at 4:07pm — No Comments

Freddie Mac Weekly Update: All Rates But 1-Year ARM Hit Record Lows







30-year fixed-rate mortgage: Averaged 4.69 percent with an average 0.7 point for the week ending June 24, 2010, down from last week when it averaged 4.75 percent. Last year at this time, the 30-year FRM averaged 5.42 percent.



The 15-year fixed-rate mortgage: Averaged 4.13 percent with an average 0.6 point, down from last week when it averaged 4.20 percent. A year ago at this time, the… Continue

Added by Your Property Path on June 27, 2010 at 4:06pm — No Comments

A Morning Cup of Inspiration (June 25, 2010)

morning cup of inspiration





When one door of happiness closes, another opens, but often we look so long at the closed door that we do not see the one that has been opened for us.

- Helen Keller…





Helen Keller

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Added by Jennifer Griner on June 25, 2010 at 9:27am — No Comments

FUND PROJECT WITH BANK INSTRUMENT

I AM A BUSINESS BROKER AND FACILITATOR WORKING WITH GROUP OF INVESTORS WHO ARE READY TO FUND PROJECT WITH LEASE BANK INSTRUMENT SUCH AS BG, SBLC, MTN AND CD.



THE FUNDING CONDITION INVOLVE THE CLIENT TO GIVE POF OR 5% OF THE BANK INSTRUMENT IN AN ESCROW ACCOUNT AND AFTER VERIFICATION AND CONFIRMATION THE 5% WILL BE RELEASE TO THE PROVIDER. SO GET BACK TO ME VIA

EMAIL OR PHONE LET…

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Added by Jide Abe on June 25, 2010 at 6:44am — No Comments

Tips and Secrets On RealEstate Investing

Please visit my website: http://andrea7839.my-real-estate-wealth.com

Added by Andrea Hamilton on June 24, 2010 at 12:16pm — No Comments

New Policy: Fannie Mae will Penalize Borrowers who Walk Away

fannie mae



Seven-Year Lockout Policy for Strategic Defaulter



Fannie Mae announced today policy changes designed to encourage borrowers to work with their servicers and pursue alternatives to foreclosure. Defaulting borrowers who walk-away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new Fannie Mae-backed mortgage loan for a period of seven years from the date of foreclosure. Borrowers who… Continue

Added by Jennifer Griner on June 24, 2010 at 9:38am — No Comments

Hump Wednesday Funnies

Pickles real estate cartoon







Share the wealth: Bookmark and Share









Stay Informed. Stay Connected.…





Backyard Wealth Facebook Continue

Added by Jennifer Griner on June 23, 2010 at 10:23am — No Comments

07/01/10 - Free Webinar with Al Aiello - Set up and Operate Your Real Estate LLC

CT REIA and Al Aiello presents: Free Webinar - LLC’s Have Great Money-Saving Benefits, but most are Worthless?



July 1 - 8:00 to 9:00 PM (EST)

Register for this event at: https://www1.gotomeeting.com/register/507180513



What You Will Learn

Learn How to Set up and Operate Your Real Estate LLC for Maximum…

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Added by CTREIA on June 23, 2010 at 10:00am — No Comments

What to Look For in a Home Warranty

home warranty house under umbrella



What is a home warranty?



A home warranty is a residential service contract giving the homeowner repair and replacement coverage for major operating systems and appliances in a home. These repairs must be due to wear and tear, and not negligence or damage.



How can you benefit from a… Continue

Added by Jennifer Griner on June 22, 2010 at 10:33am — No Comments

Remodel your Bathroom the Green Way

bathroom remodeling



If you want to make sure your bathroom remodeling project is as green as possible, here’s how to save energy, conserve resources, and protect your budget.



It’s all about the water



Thinking about greening your bathroom means considering how you use water in terms of consumption and energy. According to the American Water Works Association,… Continue

Added by Jennifer Griner on June 21, 2010 at 9:36am — No Comments

Appraisals: Costing Us Equity?

Its not just location location in this market. Much more complex issues drive value of both residential and investment property.



When serious damage is done to an asset class and there is a big re-think regarding its true worth, no one truly knows what its worth, past assumptions may no longer be relevant. So appraisers are shooting in the dark. Without significant sale or leasing activity, it becomes difficult to do comps. And looking back is useless, since we know the data series… Continue

Added by Your Property Path on June 19, 2010 at 6:48pm — No Comments

A Morning Cup of Inspiration (June 18, 2010)



morning cup of inspiration



" Create a definite plan for carrying out your desire, and begin at once, whether you're ready or not, to put it into action."



Napoleon Hill: An American…

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Added by Jennifer Griner on June 18, 2010 at 9:31am — No Comments

ATTN: Entrepreneurs / Business Minds! The greatest wealth factor is...

tired businesswoman tired business man





There is nothing more pitiful than a ready and willing mind but an incapable body.



There is a well-known quote from the philosopher Virgil that says, “The greatest wealth is health.” I also believe that health is the beginning of wealth. In other words, your health will help you create wealth.



If you are in the business of… Continue

Added by Jennifer Griner on June 17, 2010 at 9:06am — No Comments

Hump Wednesday Funnies

real estate like airlines



Click on the comic above to enlarge.





Smile! Laugh! It will keep you going for the rest of the week!



Check out the Backyard Wealth Funnies…
Continue

Added by Jennifer Griner on June 16, 2010 at 8:42am — No Comments

Hump Wednesday Funnies

real estate like airlines



Click on the comic above to enlarge.





Smile! Laugh! It will keep you going for the rest of the week!



Check out the Backyard Wealth Funnies…
Continue

Added by Jennifer Griner on June 16, 2010 at 8:41am — No Comments

Support for Renters in a Foreclosing Home

happy family renters

Renters in Fannie Mae-owned properties may be able to stay in their homes

Fannie Mae Tenant-in-Place Rental Policy



To help minimize disruption, eligible renters who want to stay in a home that has been foreclosed can sign a month-to-month lease if the property is owned by Fannie Mae. The policy, which applies to properties owned by Fannie Mae, will help bring stability to… Continue

Added by Jennifer Griner on June 15, 2010 at 9:11am — No Comments

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