CHRISTINE KOURIK- selling Lake of the ozarks, and St Charles and St Louis Missouri

HAFA Guidelines - HOW TO STAY IN YOUR HOME 6 MONTHS FREE!

2010-02-17T18:35:00Z

CitiBank Following New HAFA Guidelines Posted: 16 Feb 2010 11:25 AM PST Starting April 5th the new Treasury Department HAFA Guidelines will be in force. Agents, this is…as Martha would say…a VERY GOOD THING. Understand, these are guidelines…NOT laws. In other words, lenders can choose to participate. When we broke the news about the new HAFA Guidelines late last year we knew that all the rules would chnage with regards to short sales. Bottom line, 2010 IS the year of the short...(read more)

REAL ESATE CONFIDENCE REPORT

2010-02-09T17:25:00Z

US HOME PRICES RISING AGAIN.. BETTER BUY SOON!

2009-11-25T18:16:00Z

RISMEDIA, November 25, 2009—U.S. house prices rose modestly in the third quarter of 2009 according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (HPI). The HPI, calculated using home sales price information from Fannie Mae and Freddie Mac-acquired mortgages, was 0.2% higher on a seasonally adjusted basis in the third quarter than in the second quarter of 2009. Over the past year, seasonally adjusted prices fell 3.8% from the third quarter...(read more)

NEWS FOR FIRST TIME HOME BUYERS - Buyers should buy asap.. See changes

2009-11-23T19:36:00Z

Please be advised that there are some potentially big changes on the horizon with FHA mortgages. Please click on the link to the article below for more information: http://www.washingtonpost.com/wp-dyn/content/article/2009/11/19/AR2009111904742.html A quick summary of possible options being considered: Raising Down Payment requirements to 5% or possibly as high as 10% Increasing the Up Front Mortgage Insurance and/or monthly mortgage insurance (which will drive up monthly payments) Raising credit...(read more)

MOVE UP BUYERS AND FIRST TIME HOME BUYERS CREDIT APPROVED TODAY!

2009-11-06T16:36:00Z

http://go-to.realtor.org/r/TP4QF6/L92V0/1L4UJ/0IJPM/640S9/HK/h VISIT THIS SITE FOR A GREAT INFO CHART .. HAPPY HOUSE HUNTING....(read more)

FAST FACTS ABOUT THE HOME BUYERS CREDIT AND MOVE UP BUYERS CREDIT

2009-10-31T19:49:00Z

)Â The tax credit would be $8,000 for first-time home buyers and $6,500 for move-up buyers (from December 1, 2009 to April 30, 2010). 2)Â Move-up buyers will be eligible, so long as the home they are leaving has been used as their principal residence for 5 years or more. 3)Â The tax credit would sunset on April 30, 2010. However, there would a binding contract rule that will permit those with contracts as of April 30th to qualify for the credit so long as they complete the transaction...(read more)

FIRST TIME HOME BUYERS CREDIT EXTENDED AND POSS FOR ALL BUYERS

2009-10-29T18:10:00Z

Senate sources told CNN they have tentatively agreed to extend that $8,000 credit for first-time buyers until the end of April. In addition, they are adding a $6,500 credit for some current homeowners who buy a new residence by then. To qualify, current homeowners must have lived in their primary residence for five continuous years. Senators have not agreed on how the tentative deal would come up for a vote, but sources from both parties said they are considering adding the housing credit to a bill...(read more)

Price Reduced on FLYNN in LAKE OZARK

2009-10-20T16:02:00Z

LAKE OZARK, Osage Beach - Announcing a price reduction on FLYNN, a 1,318 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $197,500 - .

Property information

RENTERS IN FANNIE MAE OWNED FORECLOSED PROPERTY ALLOWED TO STAY

2009-04-14T15:54:00Z

Fannie Mae Announces National REO Rental Policy Renters in Fannie Mae-Owned Foreclosed Properties Eligible to Stay in Their Homes WASHINGTON, DC -- Fannie Mae (FNM/NYSE) IN JANUARY announced the establishment of a new National Real Estate Owned (REO) Rental Policy that will allow qualified renters in Fannie Mae-owned foreclosed properties to stay in their homes. The company currently has an eviction suspension in place through the end of January which will allow for the new policy to be fully operationalized...(read more)

LOAN MOD SCAMS ! URGENT! A MUST READ ON LOAN MODIFICATIONS SCAMS

2009-04-08T03:20:00Z

There has been a dramatic spike in FORECLOSURE and LOAN MOD SCAMs. Mortgage Loan Modification Scams: Typically what is happening is that troubled homeowners are paying $1000…$2000…$3000 UP FRONT and receiving no services. Whats worse, many of these LOAN MOD scammers are collecting the fees and never doing anything to try to help the homeowner. If you are doing loan mods the ethical and honest way you know that you NEVER charge upfront fees. If you are in one of the hand full of states...(read more)

US HOME PRICES, CONTINUED TO DECLINE

2009-04-02T14:53:00Z

The S&P/Case-Shiller home-price index , a closely watched gauge of U.S. home prices, continued to post record declines in January. In the 20-city index, no area experienced year-over-year price gains, the tenth straight month that has happened. Further, none of the cities managed to avoid month-to-month declines for the fourth month in a row. Phoenix, Las Vegas and San Francisco continued to lead year-over-year decliners, with drops over 30%. Minneapolis continued to have large month-to-month...(read more)

SELLING YOUR HOME? LIST FOR 5% BROKER FEE

2009-04-01T04:04:00Z

FOR A LIMITED TIME WE AT LAKE OF THE OZARKS REAL ESTATE HAVE A LOW BROKER FEE OF 5%. FULL SERVICE, NO UP FRONT FEES . THIS INCLUDES LISTINGS IN BOTH ST LOUIS AND LAKE OZARKS MLS'S, ACCESS TO MLS USING AN IDX SITE FOR THE SELLER, FULL COLOR PHOTOS AND ADVERTISING, SIGN AND KEY BOX, WE ALSO ANSWER OUR PHONES 24-7 MONDAY - SUNDAY. FULL TIME PROFESSIONAL TEAM. CALL FOR MORE INFORMATION.. YOU MAY ALSO BE ABLE TO LIST FOR 0% IF YOU QUAILIFY.. CALL US FOR INFO 573-280-2611...(read more)

FHA HOME MORTGAGES THE NEW SUBPRIME!

2009-04-01T03:49:00Z

Defaults on home mortgages insured by the Federal Housing Administration in February increased from a year earlier. A spokesman for the FHA said 7.5% of FHA loans were “seriously delinquent” at the end of February, up from 6.2% a year earlier. Seriously delinquent includes loans that are 90 days or more overdue, in the foreclosure process or in bankruptcy. Since the collapse of the subprime mortgage market in 2007, most home loans for people who can’t afford a sizable down payment...(read more)

HOME SALES INCREASE HAVE WE REACHED THE BOTTOM?

2009-03-25T16:40:00Z

Sales of previously owned U.S. homes rose at their fastest pace in nearly six years in February, data showed on Monday, offering some hope to an economy battling a 15-month recession. The National Association of Realtors (NAR) said sales rebounded 5.1 percent in February to a 4.72 million-unit annual rate, notching their largest gain since July 2003, but about 45 percent of these were foreclosure or short-sale transactions. Clearly, the agents who are making the money in this market are the agents...(read more)

WHAT IS A SHORT SALE AND HOW MUCH WILL IT COST THE HOME OWNER?

2009-03-15T18:01:00Z

THE COST TO A HOME OWNER IS 0, NOTHING.. THE LIEN HOLDER (BANK) BECOMES THE SELLER AND THE FEES ARE PAID BY THE LIEN HOLDER WHICH MEANS THAT THE BROKER FEE IS NOT PAID BY THE HOME OWNER. SO YOU CAN STILL AFFORD TO SELL IF YOU ARE IN FORECLOSURE, JUST DO IT IN TIME SO AS TO AVOID THE FORECLOSURE SALE DATE.. (WE CAN USUALLY STOP THE SALE ) THINGS YOU WILL NEED FOR A SHORT SALE THAT THE AGENT WILL ASK YOU FOR. HARDSHIP LETTER (I WILL HELP YOU WRITE IF YOU NEED AN IDEA) W-2'S, BANK STATEMENTS, PAY...(read more)