Real Estate Agent Tools
FHA gives investors cold shoulder on foreclosed properties
Source: Housing Wire --- The Federal Housing Administration said that nonprofit organizations and owner-occupant buyers will have first dibs on foreclosed properties that get auctioned off through its Claims Without Conveyance of Title (CWCOT) program, specifically...
Locked Means Locked
What does locking a rate do for clients? It keeps these rates in check. Some lenders that I use even let me lock and shop. What does that do? It lets the borrowers lock a rate in a rate for up to 90 days and then continue to shop for their homes. Continue Reading Locked Means Locked
Canada Allocates $5 Million for Shared Equity Mortgages in Ontario
The shared equity mortgage typically requires no monthly payment and is repaid along with a percentage of property appreciation when the property is sold. Continue Reading Canada Allocates $5 Million for Shared Equity Mortgages in Ontario
Lender Seizes Foreclosed San Jose Office Property
The Evergreen Advantage seized the 78,200-square-foot property. Continue Reading Lender Seizes Foreclosed San Jose Office Property
‘Home Alone’ House Listed for $5.25 Million
The property last changed hands in 2012 for $1.58 million. Continue Reading ‘Home Alone’ House Listed for $5.25 Million
Report: One in Five NYC Hotels is Now Housing Illegal Immigrants
To date, no hotel that became a migrant shelter has transitioned back to being a traditional hotel. Continue Reading Report: One in Five NYC Hotels is Now Housing Illegal Immigrants
European Central Bank Readies for Rate Cut Next Week
The ECB’s planned actions would follow recent cuts enacted by the Swedish, Swiss, Czech and Hungarian central banks. Continue Reading European Central Bank Readies for Rate Cut Next Week
Hits and Misses for the Real Estate Week of May 20-24
An outrageous claim to a landmark property, an overlap of real estate and politics, and a tuneful agent begins his new job. Continue Reading Hits and Misses for the Real Estate Week of May 20-24
NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
California’s San Jose-Sunnyvale-Santa Clara market was the most severely cost-burdened market during the first quarter. Continue Reading NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
New Listings in Virginia Up by Nearly 20%
Virginia’s housing market recorded its fifth straight month of expanded active listings. Continue Reading New Listings in Virginia Up by Nearly 20%
Mainstreet Equity Corp. Reports Cybersecurity Incident
Specific details on the exact nature of the incident were not disclosed. Continue Reading Mainstreet Equity Corp. Reports Cybersecurity Incident
Colorado Community College to Offer Online Introduction to 3D Homebuilding
The 30-hour certificate course carries a $250 tuition. Continue Reading Colorado Community College to Offer Online Introduction to 3D Homebuilding
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