Archive for the ‘Buying a Home’ Category
Purple Brick and Traditional Real Estate Agents
April 10th, 2018 by Marsha Bowen Washington
As always, another business model has emerged that down plays the role of a real estate agent and their commissions. It’s funny how a company can claim that real estate agents don’t deserve commissions when agents can spend countless hours and sometimes several months and years working with buyers and sellers. In addition, the […]
National Consumer Assistance Plan – New Credit Report Guidelines effective July 1st 2017
April 10th, 2018 by Marsha Bowen Washington
The National Consumer Assistance Plan is being implemented over three years, and the new website will serve as a vehicle for updating consumers about changes to their ability to interact with the nationwide consumer credit reporting companies. Changes included in the National Consumer Assistance Plan include: Consumer experience: Consumers visiting www.annualcreditreport.com, the website that allows consumers […]
Today’s Housing Market Providing Homeowners a Fresh Start
January 10th, 2016 by Marsha Bowen Washington
It’s hard to believe how far the U.S. housing market has come since the 2009 crash. In just a few short years, the market has made a complete U-turn. Home prices have skyrocketed, returning to near peak-levels, and as prices continue increase, more and more homeowners are regaining equity in their homes. Homeowners that […]
New Mortgage Rules in Effect October 3rd: Tips For First Time Home Buyers
September 24th, 2015 by Marsha Bowen Washington
New mortgage rules will kick in for mortgage lenders to comply with home buyers. Here are some tips to reassure your chance of getting a mortgage is not diminished: Be careful making any big purchases on credit before you close on your home. Even financing a new refrigerator could present a problem It takes […]
Homeowners Who Walk Away from Their Homes After Bankruptcy Are Not Always Out of the Woods
August 16th, 2015 by Marsha Bowen Washington
Zombie foreclosures are called Zombies because these are properties that are in foreclosure and have been vacant for some time. Several of these homes are vacant because the homeowner filed bankruptcy and is facing foreclosure. The good news is with the discharged bankruptcy, they are no longer responsible for the mortgage debt, however the […]
It’s Back: The Return of the Housing Market and What it Means for You
January 6th, 2015 by Marsha Bowen Washington
It’s official: the housing market is finally back. There are many indicators experts look at to assess the health of the housing market, and over the last several years, all of these indicators have been improving. Home prices, for one, have skyrocketed over this time period, giving many homeowners back the equity they lost when […]