Owning a home is a dream for many Americans, but it's not always easy to do without a large down payment and a good credit rating. Fortunately, the Federal Housing Association makes it easier for low-income borrowers to get a mortgage.
Serious delinquencies on Federal Housing Administration loans popular among first-time home buyers with affordability constraints have improved this year, but may be reaching a plateau. Loans 90-days delinquent, in foreclosure or involved in bankruptcies remained stable at 4.31% in August. Foreclosure News
Michael Anderson offers solutions for property owners with unwanted property on their hands. The buyers can make a fair offer to the owner and close the sale quickly with cash. Foreclosure News
The Supreme Court ruled Monday that cities may sue banks under the federal anti-discrimination in housing law, but said those lawsuits must tie claims about predatory lending practices among minority customers directly to declines in property taxes. The justices' 5-3 ruling partly validated a novel approach by Miami and other cities to try to hold…
Michigan residents are being urged to take advantage of a federally-funded state program designed to prevent foreclosures, while the money is still available. St. Joseph resident Mark Krager built his home by hand and has lived there for 23 years. Foreclosure News
The number of foreclosure filings, which include default notices, auctions and bank repossessions, dropped 19% nationwide from a year ago during the first quarter, affecting only roughly 235,000 properties, according to a report released Thursday by real-estate data firm Attom Data Solutions. That figure represents the lowest level of foreclosure activity reported since the third…
In the following interview, Dan Bowden , broker/owner of HomeSmart Realty Group in Orland Park, Ill., discusses the advantages of the brand, the local market, technology, and more. Region Served : Midwest Chicago Years in Real Estate : 18 Number of Offices : 3 Number of Agents : 200 total in Orland Park, Naperville and…
