March 2011

Found 2 blog entries for March 2011.

I found an interesting article about Loan modifications at HousingWire.com

Bank of America took 100 random mortgages which were delinquent on their loans. They tracked these loans through the path to loan modification to see how successful the HAMP program is working. What did they find? Out of 100 loans how many do you think successfully navigated the HAMP path?     The HAMP Path Before anything can be processed the bank must contact the owners of the delinquent loans. After trying to make contact with these 100 owners, Bank of America had to mark 28 of them as unreachable. They made 110 phone calls to each owner and delievered eight customized letters to them; but received no response. With no response from the owners they were unable…
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March is a time for warming weather, leprechauns, rainbows, and pots of gold. In the housing market March is also a time for increasing sales and improved activity. Historically the market begins to heat up as the weather does. Timing is everything in Real Estate, and knowing when to act is vital for your success. 

The market is poised for some great improvements and opportunities. Recent sales history can help us estimate which zip codes will be able to sell this month.

If you live in one of these HOT zip codes, your home may be the pot-of-gold at the end of the rainbow. Contact me quickly while the demand in your area is hot. You can also sign up for a free Market Report or a Home Analysis to help you decide when the timing is just right

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