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Owning a home still has more appeal than renting for Americans, according to Fannie Mae. A sign of stability, safety, family and community, home ownership is an essential component of the “American Dream” of success and happiness and has been for many generations. The recent National Housing Survey (Q4, 2011) conducted by Fannie Mae found that this is still true.
The majority ...
Senate bill requires response to short sale requests within 75 days
By Andrew Scoggin
• February 20, 2012 • 2:57pm
A new Senate bill aims to speed up the short-sale process by requiring mortgage lenders or servicers to respond within a mandated timeline or face potential fines.
The bill, introduced late last week by Sen. Lisa Murkowski, R-Alaska, ...
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By Jon Prior
• February 6, 2012 • 4:10pm
Freddie Mac will soon increase incentives paid for completed short sales, according to a spokesman for the government-sponsored enterprise.
Short sales increased dramatically since the crisis struck in 2007. Both Fannie Mae and Freddie Mac completed 112,935 of these transactions in the first three quarters ...
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News ReleaseFor Immediate Release, February 2, 2012For more information:
National Sports Center - Barclay KruseNSC Chief Communications Officer763.785.5634bkruse@mnsports.org
Blaine, Minn. (February 2, 2012) – At the National Sports Center (NSC) in Blaine a new 20,000 square foot Sport Expo Center is currently under construction. And in keeping with the NSC’s proven formula for success, ...
January 9, 2012 - The number of housing markets showing measurable improvement nearly doubled in January with the addition of 40 new metros to the National Association of Home Builders/First American Improving Markets Index (IMI), released today. The IMI now boasts 76 improving markets, up from 41 in December, with 31 states and the District of Columbia represented by at least ...
Services Offered by Independent Living Communities
Independent Living, often referred to as Retirement Communities, Congregate Living or Senior Apartments, are designed specifically for independent senior adults who want to enjoy a lifestyle filled with recreational, educational and social activities with other seniors. These communities are designed for seniors who are able ...
The market is prime and if you are thinking of buying foreclosures regardless of where it is Blaine, Mn, Coon Rapids, MN, Anoka County Mn It just does'nt matter you will have competition from other investors.
As the Obama administration and federal regulators work on a program to sell government-owned foreclosures in bulk to investors, those investors aren’t wasting ...
Steps to Take when Receiving Short Sale Approval
If you have ever received an approval letter for a short sale, then you have probably applauded yourself for a job well done. Or, perhaps you and your colleague did a high five when the approval letter appeared in your email inbox or in the fax machine. Well, I’m here to tell you not to high five quite yet.
The first thing that you ...
Modified Two Story - Andover, MN
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After the real estate bubble burst in 2008, many people were scared away from investing in real estate. After all, they thought real estate could never go down. That was many people's belief up until that crash. Maybe they bought a home at the peak, and got crushed. It's unfortunate.
The problem is, many of these people were flippers investing for capital gains, and not investing for passive ...