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I have been blogging about short sales and loan modifications. I modified my mortgage loan to a 2.1% fixed interest rate for the duration of my mortgage. This was done with no cost to me. All I did was follow the instructions of the making home affordable
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For all of you out there reading this blog that do not know in January 2010 I successfully modified my home mortgage loan to a fixed rate of 2.1%. Since that historic event I have written a how to book on Mortgage Modification. This week I am meeting
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If you are a first time home buyer or know someone who is in the real estate market looking for a home then this information is vital. The government is offering home buyers incentives to purchase a home by April 2010. The homebuyer tax credit for first
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It looks like there is a snafu in applying for the $8,000 first time home-buyer stimulus. The fed i.e. IRS do not have a form to file for the rebate. This article explains it in detail http://tinyurl.com/yk6jkd7 Remember you read it here first. chaz rothenber
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Today the purchase money mortgage market is still pretty tight. The refinance market is equally as tight. This article is a fantastic tool in pre-qualifying your buyers or in fixing your credit to get a mortgage loan http://tinyurl.com/ydfnqeu . Remember
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Just checked the real estate hot sheet and there are quite a few interesting developments. First there are many listings that are being reduced 15% of the list price. The properties that have been reduced have gone under contract in a few days from the
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Here is another report that the real estate market and the economy is showing great signs of turning around. Our office just signed another real estate purchase agreement on land. Taos Home and Land has two deal pending and this weekend buyers are coming
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Pace of U.S. existing home sales fastest in 2 years and I am excited. My heart is pounding with joy as new home buyers are entering the market and getting fantastic deals on both interest rates and prices. Below is an article from Yahoo News Service from
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Well we are still under contract that is a fantastic illusion. We are waiting for the seller to get back to us with the resolutions to the home objections. The resolutions must be in writing and must be signed off by both parties. The waiting part is
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I have returned from my meditation retreat and am rested and feeling great so let's go forward with this purchase contract. I am still waiting for the resolutions to the home inspections. there are deadlines to all inspections and the resolution deadline
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Last week I created a scenario were two buyers and a seller agreed on the purchase price for a house in the Weimer section of Taos. agreeing on the price is the easy part. passing the inspections and getting any objections resolved is the "fun"
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Hi everyone out there who are reading my blogs. This blog is taken out of Ted Dimond's mortgage news letter. Ted is the owner of Dimond Mortgage in Taos 575.758.5566. He is, in my opinion, one of the best mortgage brokers in northern New Mexico. Read
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I just finished writing a purchase contract for a home in the Weimer are of Taos. I appears that the buyers are getting active in the real estate market in Taos. Interest rates are attractive, prices are affordable and the inventory here in Taos is very
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The Dow jumped past 9000 for the first time since January 2009. Home sales increased for the RD straight month. my prediction is that we are in a trough and soon will be heading out of the bottom to higher ground. Now is the time to get into the market
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It looks like the real estate market in Taos, New Mexico is heating up. All of our listings in land, homes and businesses are being shown multiple times a week. There is a lot of interest in the bank owned markets and well as business opportunities. I
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