Fannie Mae released a new rule in their lender servicing guide published February 24, 2009. Part VII, Section 504.02 states: “Effective March 1, 2009, closing of preforeclosure sales may not be conditioned upon a reduction of the total commission to be paid to real estate agents to a level below w
Amidst all the excitement over the end of 2008, the local paper published some articles that you may not have seen. Well, alright, you probably saw them, 2 of them were pretty big headlines, at the top of the page. The morning paper had the headline “Jobless rate here hits 5%, highest sin
Here at Weichert, we have been at the forefront of open house marketing for a long time. Our websites have always featured all of our open houses information online, with photos, customizable tours, printable brochures, mortgage info, you name it. Unfortunately, while consumers benefited from th
Check out the press release from the Department of Banking I posted below. Great changes, putting things into law that should always have been there, hopefully this puts an end to the predatory lending practices that the recent licensing law changes may have missed. If you’d like to read t
I came across some interesting info the other day on realtor.com. They republished some info from Zillow that showed the Top Ten Areas where home prices have either Decreased or Increased. Here is the break down: Top 10 Increases Ithaca, NY +5.6% State Col
We are also the 21st Most SecureMetro area of any size in the US! According to www.bestplaces.net “Health, prosperity, safety and security are all desirable aspects when it comes to seeking a place to live, work or raise a family…..The rankings took into consideration crime statistics, e
Every week a new report is released that talks about the national housing market. It’s up, it’s down, predictions of doom and gloom. These indexes measure housing statistics using a number of indicators and interestingly enough, sometimes the people publishing the reports have agend
