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Mortgage Delinquencies Rise 20% in May

guestblog Foreclosure and Bank-Owned , Homeowners , Mortgage , Real Estate News Leave a Comment

Original Article: DS News Delinquencies Rise 20% in May About half of COVID-19-related forbearance plans expired last month, and one-fourth are set to expire this month, leaving mortgage loan servicers with the task of reviewing more than a couple of million loans for forbearance extensions or payment eligibility. With 4.1 million homeowners past due on their mortgage loans, the national …

Is Now a Good Time to Buy or Sell Real Estate?

Washington Realty Group 3D Virtual Reality Home Tour , Buying Real Estate , Coronavirus , Homeowners , Local , Real Estate , Real Estate Market Trends , Real Estate News , Real Estate Trends , Traditional Home Sales , Video Tours Leave a Comment

Is Now a Good Time to Buy or Sell Real Estate? Traditionally, spring is one of the busiest times of the year for real estate. However, the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, new listings fell nearly 45%, and sales volume fell 15% compared to last year.1 Fortunately, …

#StayHome: How to Create Functional Spaces in Your Home During the Coronavirus Outbreak

Washington Realty Group Coronavirus , Homeowners , Real Estate , Real Estate News Leave a Comment

Since the outbreak of the novel coronavirus (COVID-19), many of us are spending a lot more time at home. We’re all being called upon to avoid public spaces and practice social distancing to help slow the spread of this infectious disease. While it can be understandably challenging, there are ways you can modify your home and your lifestyle to make …

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Change is Inevitable – How to Keep Up

Jim Clifford 3D Virtual Reality Home Tour , Buying Real Estate , Real Estate , Real Estate News , Real Estate Trends Leave a Comment

Communication In the past decade the real estate sales industry has had many new and innovative marketing products and faster communication systems introduced. Some of these have permanently changed the way people sell or buy real estate. Now Coronavirus is forcing not only the Real Estate Industry but our whole society to alter the way we live and work every …

VA Loans – The Best VA Loans of 2019 By U.S. News & World Report

guestblog Homeowners , Mortgage , Real Estate , Real Estate Market Trends , Real Estate News , Real Estate Trends Leave a Comment

Qualify for a VA loan with no down payment and lower credit score requirements than other loans. Since 1944, the U.S. Department of Veterans Affairs has helped service members, veterans and their families become homeowners with the VA loan program. If you are eligible for a VA loan, you could receive several benefits by using this program instead of a …

Why Buying and Selling this Holiday Season is a Good Idea – By, Rick Jusenius

Rick Jusenius Homeowners , Homes for Sale , Moving , Real Estate , Real Estate Agent , Real Estate Market Trends , Real Estate News , Real Estate Trends , Rick Jusenius , Traditional Home Sales Leave a Comment

Serious Year End Goals Buyers and Sellers during the Holidays are typically serious about their real estate plans. They have placed an emphasis on getting Real Estate closed prior to the New Year. As a buyer, this means your typical seller is motivated especially if their home comes new to the market during the Holidays. This is a seller who …

Home Equity Loans – The Best Home Equity Lenders of 2019 By U.S. News & World Report

guestblog Mortgage , Real Estate , Real Estate Market Trends , Real Estate News , Real Estate Trends Leave a Comment

See how to qualify for the best home equity loan and access your home’s equity for home improvements or major purchases. One of the benefits of home ownership is building equity. Your home equity is how much your property is worth compared with how much you owe on any mortgage for it. Your home’s equity can be a valuable asset …

Couple receives keys to first home real estate purchase.

Is the Real Estate World Sky Falling Down? By, Jim Clifford

Jim Clifford Buying Real Estate , Homeowners , Moving , Real Estate , Real Estate Market Trends , Real Estate News , Traditional Home Sales Leave a Comment

Changes Regarding Real Estate Commissions If you ask some real estate brokers, they might tell you yes. Some brokers might think you’re crazy asking because the market is so busy and not have paid attention to changes that have just taken place. So, what am I talking about? Starting October 1st real estate companies can (and most will) put on …

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What is Escrow and Why is it Needed? By, Mark Spurbeck

guestblog Buying Real Estate , Foreclosure and Bank-Owned , Guest Blog , New Homes , Real Estate , Real Estate Agent , Real Estate News , Selling a Home , Traditional Home Sales Leave a Comment

Escrow does what? Escrow is an arrangement in which a neutral third party (the escrow agent) assembles and processes all the components of a real estate transaction (including legal documents), records the transaction, and ultimately, disburses funds according to the buyer’s and seller’s instructions. Both the buyer and seller rely on the escrow agent to carry out their mutually consistent …

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Beware of Today’s Loan Modifications. By Lisa A. Schultz- Chicago Title

guestblog Buying Real Estate , Mortgage , Real Estate , Real Estate News , Taxes Leave a Comment

Beware of Today’s Loan Modifications. There is a new loan modification that some banks are using that could cost homeowners tens of thousands of dollars over their current loan amount. In the early 2000s, and during the recession years of 2008-2012, when homeowners faced financial hardships they could contact their lender to ask for a loan modification. If the lender …