WHAT IS THE OPPOSITE OF A SHORT SALE?

Published in April 27th, 2009
Posted by johnjuarez in Real Estate, buyers, REO, Lending, Mortgage/Finance, foreclosure, 1st Time home buyer advices, home buyer, Buying a home, Bank owned real estate, short sale, first time buyer
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If you answered the above questions by saying “A long sale” you are wrong. A short sale IS a long sale! (Of course, we are talking about real estate, not stocks and bonds.) When I say long, I mean as in a long time…months, in fact.
Some time back, I told my wife that I was […]

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MORTGAGE RATES ARE STILL LOW

Published in April 6th, 2009
Posted by johnjuarez in Uncategorized, Real Estate, buyers, REO, Lending, Mortgage/Finance, foreclosure, 1st Time home buyer advices, home buyer, Buying a home, Bank owned real estate, short sale, first time buyer
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Mortgage rates have been low for a while. They remain low. Unusually low. Attractively low. You don’t really expect them to stay this low forever…do you?
A recent article in The Business Journel, covering the Triad Area of Greensboro and Winston/Salem , North Carolina stated that ” Freddie Mac says the average 30-year fixed-rate mortgage fell to 4.78 percent this […]

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