Finances

TEN TIPS FOR AVOIDING MORTGAGE FRAUD

Some may think that all the mortgage fraud concerns have been washed up and are gone away, but there are residual and new efforts by scammers present in the market. [...]

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FLIPPING RULE CHANGE ADDS ENERGY TO SALES

With the high level crime and scam activities seen in recent years relative to quick buy and sell practices in real estate, regulators attempted to slow the activity when lending [...]

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LENDERS OFFER TIPS TO SPUR LOAN INTEREST

It is interesting to see competition at work among the local lenders as they stir to capture borrowers and business from real estate practitioners. Although interest rates remain at extremely [...]

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REFINANCING? DON'T FORGET ALL THE COSTS

Despite the ugly finance and loan difficulties over the past few years, there are a lot of loan programs being pushed right now by lenders. Current rates continue to linger [...]

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Buyer Should Exercise Care in Selecting Lender

Everyone who has been involved in real estate during the past several months knows of the problems with bad loans, of fraudulent lending practices, the collapse of institutions, the foreclosure [...]

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Require Qualified Buyer to Assure Closing of Sale

Every real estate transaction involves a buyer and a seller, but not every buyer is a cash buyer. This fact is obviously inherent in the recent question posed in a [...]

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Separation of banks from real estate is important

REAL ESTATE by Jim Coleman, REALTOR® SEPARATION OF BANKS FROM REAL ESTATE IS IMPORTANT The matter of whether or not to permit banks to be owners and operators within the [...]

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Real estate buyers should take notice

REAL ESTATE by Jim Coleman, REALTOR® REAL ESTATE BUYERS SHOULD TAKE NOTICE Tremendous turmoil has occurred in the various markets as of late; the real estate market has not been [...]

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Loan requirements are being strictly enforced

REAL ESTATE by Jim Coleman, REALTOR® LOAN REQUIREMENTS ARE STRICTLY ENFORCED With the recent mortgage challenges and the repositioning that is now occurring, it is evident that measures are being [...]

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Essentials for application and borrower success

REAL ESTATE by Jim Coleman, REALTOR® TEN LOAN APPLICATION ESSENTIALS for BORROWER SUCCESS AND PIECE OF MIND This week a couple of situations have prompted a little comment on the [...]

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