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Tag: homebuying

Make him (or her) an REO offer he (or she) can’t refuse

Written by Todd Ewing on 2010-03-19.

A Real Estate Owned (REO) property is a property held by a mortgage lender or bank due to an unsuccessful foreclosure auction. In other words, the prior owner defaulted on the loan; the lender instituted a foreclosure proceeding; the foreclosure...

12 ways to come up with a down payment

Written by Guest on 2010-03-17.

It’s hard not to get excited at the prospect of owning a home, especially when there’s so much buzz about historically low borrowing rates, an influx of foreclosures on the market and a new program that might actually expedite...

Buying a home in Maryland with a trust

Written by Guest on 2010-03-17.

[Editor’s note: Fannie Mae recently issued new restrictions on use of Power of Attorney. Please read this article and contact our office with any questions.] If you must use Power of Attorney, please contact our office.One of...

Consumer lending on the rise at smaller banks

Written by Guest on 2010-03-16.

Interest rates for home loans remain at all-time lows. The federal first-time homebuyer program has still got some steam left in it, and real estate agents are touting, “Now’s a great time to buy!” There’s just one...

Debunking common excuses for waiving title insurance

Written by Guest on 2010-03-11.

With the growing concerns over foreclosures, unpaid taxes, bankruptcies and clouds on title, the need for title insurance is at an all time high. And yet every year a handful of purchasers waive their opportunity to purchase an Owner’s Title...

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Tag: homebuying

Make him (or her) an REO offer he (or she) can’t refuse

12 ways to come up with a down payment

Buying a home in Maryland with a trust

Consumer lending on the rise at smaller banks

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