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Tag Archives: Lenders
Protect yourself against loan lock scams
A price quote means nothing until it is properly locked with the lender. A rate lock, as it is commonly called, is the lender’s commitment that it will make the specified loan at the specified price within a specified future … Continue reading
Posted in Real Estate News
Tagged Appraisal Requirements, Bearing, Confidence, Dollar, Financial Crisis, Interest Rate, Lenders, Loan Rate, Maximum Rate, Periods, Price Quote, Scams, Upfront Charges, Value Appraisals, Waivers
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Denver area buyers competing for scarce housing market
<!– –> Tweet – A A A + <!– –> DENVER – Homes for sale are becoming scarce in neighborhoods throughout the Denver area and it is creating a seller’s market. Real estate for sale signs, once common during the … Continue reading
Posted in Denver Real Estate News
Tagged Bidding Wars, Decline, Denver Area, Denver Market, First Time Home, First Time Home Buyers, Fund Loans, Home Sellers, Housing Market, Keller Williams Realty, Lenders, Median Home Prices, Real Estate Broker, Recession, S Market, Single Family, Single One, Slowdown, Thorne, Time Home Buyers
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Foreclosures Fall Due to New Laws
Foreclosure activity fell 28 percent from a year ago nationally, according to a new report from RealtyTrac, but in California, they were down nearly 40 percent. More telling is foreclosure starts, the first notice of a foreclosure filling. In California … Continue reading
Posted in Real Estate News
Tagged Borrowers, California Home Sales, Cash Purchases, Consumer Confidence, Dataquick, Delinquencies, Delinquent Properties, Dubious Distinction, Foreclosure Sales, Foreclosures, January 1st, John Walsh, Legal Changes, Lenders, Low Mortgage, Mortgage Rates, New Laws, Realtytrac, Southern California, Spectacular Job
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Builders Bump Up Thanks to Drop in Existing Home Supply
Sales of existing homes are recovering slowly, but a drop in supplies of those homes is pushing confidence among the new home builders to a six year high. There are just 2.1 million existing homes for sale, which is a … Continue reading
Posted in Denver Real Estate News
Tagged Association Of Realtors, Borrowers, Current Sales, Existing Home Sales, Favorable Prices, Fence, Foreclosures, Home Builder, Lenders, March 1, Mortgage Relief, Nahb, National Association Of Home Builders, National Association Of Realtors, National Mortgage, Negative Sentiment, New Home Builders, Principal Reduction, Rutenberg, State Attorneys
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Home Builders Need Mortgage Bankers to Keep Recovery Alive
A jump in signed contracts to buy newly built homes in September brought volumes to the highest level since April of 2010, when the home buyer tax credit temporarily infused the housing market. The median price of a newly built … Continue reading
Posted in Denver Real Estate News
Tagged Consumer Protection, Distressed Properties, Exclamation Point, Federal Reserve, Fine Balance, Home Builders, Home Buyer, Housing Market, Infusion, Lenders, Median Price, Mortgage Applications, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Market, Mortgage Rates, Murmurs, Refinances, Tax Credit, Uncertainty
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More Homes Are Above Water, But Some Sellers Still Suffer
As home sale prices rise, overall home equity rises, and consequently more and more mortgages are no longer “under water.” 1.3 million homes that were previously worth less than the mortgages on them came back into positive territory in the … Continue reading
Posted in Denver Real Estate News
Tagged Apex, Billions Of Dollars, Borrowers, Bottom Line, Cash Infusions, Conforming Loan Limits, Craig, Equity Position, Freddie Mac, Home Equity, Home Loans, Housing Market, Lenders, Negative Equity, Norm, Real Estate Agent, Refi, Residential Properties, Rockville Maryland, Second Quarter
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Home Price Bottom or Bubble?
Home prices rose, just barely, in the second quarter of this year annually for the first time since 2007, according to online real estate firm Zillow. That prompted the popular site to call a “bottom” to home prices nationally. The … Continue reading
Posted in Denver Real Estate News
Tagged Appraisal System, Cash Transactions, Chief Analyst, Chief Economist, Crash, Distinct Possibility, Forecast Data, Foreclosed Properties, Foreclosure, Four Months, Home Purchases, Home Values, Lenders, Popik, Price Bubbles, Research Director, Second Quarter, Stan Humphries, Uptick, Zillow
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Now It’s the Big Banks That Are Getting Foreclosed On
Call it a case of man bites dog. Since the start of the housing crash, millions of Americans have lost their homes to foreclosure. Many of them lived in homeowner or condo associations. These are organizations that collect monthly dues … Continue reading
Posted in Denver Real Estate News
Tagged Amenities, Back Dues, Bank Owned Properties, Condo Associations, Condo Fees, Delinquent Borrowers, Don Gonzalez, Florida Laws, Foreclosed Home, Foreclosure, Hoa Dues, Homeowner Associations, Homestead Florida, Jp Morgan, Jpm, Lenders, Man Bites Dog, Recreational Areas, Restrictive Covenant, Solomon
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What Recovery? Home Prices May Hit Roadblock Soon
The recent growth in U.S. home prices may hit a roadblock in the coming months, thanks to a new supply of distressed properties hitting the market. Banks are moving more delinquent loans through the pipeline at a faster pace, according … Continue reading
Posted in Denver Real Estate News
Tagged Backlog, Bank Repossessions, Berkshire, Brandon Moore, Delinquent Loans, Distressed Properties, Dubious Distinction, Foreclosure, Lenders, One Million, Paperwork, Pipeline, Realtytrac, Roadblock, Scandal, Second Half, Second Quarter, Settlement Talks, Six Months, U S Home
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Denver Post reporter honored for foreclosure series
Denver Post business reporter David Migoya was recognized Friday by the National Association of Real Estate Editors for his reporting on Colorado’s foreclosure system. Migoya’s coverage of the state’s public-trustee system and the players that influence how homes are taken … Continue reading
Posted in Denver Real Estate News
Tagged American Business Editors, Business Reporter, Denver Post, E W Scripps, Foreclosure, Legislators, Lenders, Outrage, Paltrow, Platforms, Public Trustee, Real Estate Editors, Reform Bills, Reuters, School Of Journalism, Scot, Scripps School
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