Archive for July, 2009
Lenders Have New Disclosure Requirements
Wow! Are Times Changing…Real Estate Keeps Us Challenged! Just release by The National Asscociation of Realtors Hotline… Revised TILA Disclosure Requirements Take Effect on July 30, 2009 Lenders must give good faith estimates of mortgage loan costs within 3 business days after the consumer applies for a loan (early disclosure). The lender may not [...]
Freddie Mac Tucson Update
New Update From Freddie Mac Website Statement of FHFA Director James B. Lockhart on the Appointment of Charles Haldeman as CEO of Freddie Mac
Credit Scores and Short Sale Vs Foreclosure
SHORT SALE VS FORECLOSURE WHAT IS IT AND HOW DOES IT AFFECT YOUR CREDIT? What does “short sale” mean? “A short sale in real estate occurs when the outstanding obligations (loans) a property are greater than what the property can be sold for.” In this time of depreciating markets and option-arms coming due, we [...]
Facing Foreclosure, Tucson, AZ Family is Saved from Financial Ruin by RE/MAX CDPE Trained Realtor®
FOR RELEASE: IMMEDIATE DATE: July 8, 2009 For more information, please contact: Don or Kathy Vallee, CRS Facing Foreclosure, Tucson, AZ Family is Saved from Financial Ruin by RE/MAX CDPE Trained Realtor® Facing foreclosure after falling 3 months behind on their mortgage, Donna of Tucson, AZ was in despair. She missed mortgage [...]
