The Baby Boomer generation is on the fast track toward retirement, but many Boomers are contending with looming mortgage debt as they make their way toward their golden years. According to a new study released by Securian Financial Group, a St. Paul, Minnesota-based financial services...
American Trust Escrow is pleased to announce the appointment of Joe Curtis, Executive Vice President of Sales. Joe will oversee sales operations with the end goal of developing and building a sales team founded on consultative and value-based selling. Jeff Russell, President of American Trust Escrow...
Both RealtyTrac and Moody’s Investor Service are in agreement that foreclosure timelines are growing longer. In fact, they say that all loan servicers experienced an extension in foreclosure timelines during the fourth quarter of 2012. This was especially true in judicial states, which helped to...
Homeowners in need of free financing training can now take advantage of a new online tutorial training, compliments of Freddie Mac. Called CreditSmart, the online tool was created to offer new borrowers and interested parties valuable information about building their personal credit, establishing a savings...
Exciting news for underwater homeowners who have yet to refinance… The Obama Administration’s popular Home Affordable Refinance Program (HARP), which was scheduled to end at the end of this year, has been extended through 2015. The Federal Housing Finance Agency (FHFA) announced earlier this month that...
Many homeowners are taking advantage of their higher home values by cashing out and relocating to where jobs are more plentiful. According to Challenger, Gray & Christmas, Inc., a nationwide outplacement firm, home values have risen to a point where previously underwater homeowners are finally...
According to the Federal Housing Finance Agency’s acting director, Edward J. DeMarco, some services of Fannie Mae and Freddie Mac will merge. The hope is that the two companies, which have each had their share of financial issues, will be able to cut some of...
Inventory levels continue to be a challenge throughout the real estate market, and many buyers are employing a new tactic when it comes to getting the attention of sellers: pulling at their heartstrings. As competition heats up during the busy spring and summer periods, buyers...
Real estate agents make daily recommendations to their clients about specifics in real estate dealings, including specific homes, offering community information and more. But what happens if you have clients who are buying or selling land? It’s not nearly the same transaction as a traditional...
The first quarter of 2013 proves that fabulous homes still garner equally spectacular prices. So says a report released by Christie’s International Real Estate this month, which confirms top-tier properties achieved record prices globally in 2012 and the trend isn’t slowing down. Just like fine fragrances,...
