Archive for August, 2008
Tuesday, August 26th, 2008
Finally!
You can search the Staten Island MLS directly from my site. Search for anything... Residential, Commercial, Rentals, Land, Businesses, Co-Ops, Condos... if it's listed in the MLS, find it here!
Click this link - Search the MLS or Click on the 'Search Homes' tab on top.
I added this function from a suggestion by ...
Posted in Buyers, Investors, Renters, Site Update | No Comments »
Saturday, August 16th, 2008
Call me crazy, but people seemed concerned/caught off guard with a statement released by the Fed on Monday regarding trends in Lending. In early July, the Fed surveyed 50 Banks about their lending practices. These 50 banks account for 80% of the mortgage market. Here's what they found:
For Prime Mortgages, 75% ...
Posted in Buyers, Investors | 1 Comment »
Saturday, August 2nd, 2008
Major Points
· Qualifying applicants could cancel their old mortgage and replace them with 30-year fixed-rate mortgage. The lending bank would need to approve this, but it will usually benefit them more than pursuing a costly foreclosure.
· A eligible borrower must have spent more than 31 percent of their monthly income ...
Posted in Foreclosure, Home Owner, Sellers | No Comments »
