Thursday, October 28, 2010

Check with your lender

Talk with your lender and see if you can qualify for a home loan.  This is the best time to buy in nearly 20 years.  Rates will not be this low forever.


30-Year Mortgage Rates Plumb New Depths
Freddie Mac reports that the average interest on 30-year fixed mortgages slipped to an all-time low, for the third consecutive week, to 4.19 percent.

At the same time, 15-year fixed-rate loans and the five-year adjustable-mortgage rate both also hit record lows. Rates on the former were 3.62 percent, while the latter averaged just 3.47 percent.

Source: The Wall Street Journal, Nathan Becker (10/15/10)

Tuesday, October 19, 2010

Georgia Foreclosure Steamlined

With so many changes in the Real Estate and lending industry over the last several months, many buyers are becoming concerned.  There is so much information available, but much of it is difficult to decipher for the average buyer.  I wanted to point you to an article in the online AJC that has a very good outline of the new lending concerns regarding foreclosures.  This is a very basic and understandable article but if you have any questions, feel free to let me know.  Find the article here: Georgia Foreclosure Streamlined.

Introduction

It is finally here!  This is my web page / blog for my Real Estate career.  It is very primitive right now but will see many changes as the needs arise.  This will be a new jumping off point for my Real Estate career.