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Pennsylvania Home Buyers Seek Relief For Excessive Closing Costs
Posted on July 10, 2011 | No CommentsWeichart, a national mortgage company, has recently settled a lawsuit filed by several Pennsylvania homeowners that accuse the company of defrauding them. In the real estate industry, most people assume that the closing costs they are charged are valid. In Weichart’s case, an additional closing... -
Real Estate Prices And Mortgage Rates Remain Stagnant
Posted on June 21, 2011 | No CommentsFor more than two weeks, real estate professionals and financial experts have reported that both mortgage rates and real estate sales have fallen flat. One on hand, the fact that mortgage rates haven’t gone up is a good sign for buyers. Although lenders have made... -
Foreclosures Rates Are Up But Underwater Mortgages Going Down
Posted on June 10, 2011 | No CommentsMembers of the real estate industry recently received mixed news. First, the number of underwater mortgages in the US are going down. This is good news for homeowners that want to get loans based on the amount of equity that they have in their property.... -
Banks Begin Extending Loans To Mortgage Defaulters
Posted on June 5, 2011 | No CommentsIn a surprising turn of events, lenders are actually beginning to consider applicants with less than stellar credit ratings. Because a large portion of US residents have experienced some type of financial setback, it seems that banks have no choice but to start lowering their... -
Sears ‘Cash for Appliances’ Program – A Dud?
Posted on May 29, 2011 | No CommentsMany retailers have been implementing cash rebate programs designed to entice homeowners. At first, Sears’ ‘Cash for Appliances’ helped the company to pull in record level profits. As the real estate market faltered, homeowners were becoming more and more desperate for cash. The biggest problem... -
Former Detective Dupes Colleagues In Real Estate Scam
Posted on May 13, 2011 | No CommentsDarcey Greenfield, a 17 year veteran of the Los Angeles Police Department has been arrested for misleading police officers and others in a widespread real estate scam. Greenfield, who was a detective when she resigned from the LAPD, has been involved in real estate since... -
New Chelsea Piers Sports Complex Location Being Constructed In Connecticut
Posted on May 10, 2011 | No CommentsThe Chelsea Piers Sports Complex has been an integral part of the lives of native New Yorkers for a number of years, and now Connecticut residents will have the chance to take part in the action. Before the owners of Chelsea Piers settled on a... -
Fake Property Flipper Scams Two Connecticut Real Estate Agents
Posted on February 11, 2011 | No CommentsAlthough the price of commercial property is at an all time low, two Connecticut real estate agents were weary when a man that called himself Edward Blake offered them the deal of a lifetime. The real estate agent in question is really a scam artist,... -
New Jersey Job Economy Can’t Keep Up With Mortages
Posted on January 31, 2011 | No CommentsNew Jersey already has one of the highest property tax rates in the nation but homeowners can’t seem to get a break anywhere. Homeowners end up paying approximately 1/3 of their total monthly mortgage payments in property taxes. This means that new mothers have to... -
The Hottest Property Trends Of 2011
Posted on January 22, 2011 | No CommentsReal estate properties are down but it is still a red hot buyer’s market. It is more difficult for new home buyers to get approved for loans, however, many of them have been able to work on improving their credit scores while simultaneously increasing their...