1) The short sale sage concludes with a whimper – Jonathan Dalton has a second buyer walk away from a short sale because of the time it is taking to hear back from the bank.
2) Who needs title insurance? – Lane Baily discusses both lender’s title insurance and owner’s title insurance.
3) Bank of America and Wells Fargo say loan mod efforts are improving, but Frank says it’s not good enough – Loan mod numbers may be going up, but not that much.
4) Have RE BarCamps lost their way? – Has the free sharing of ideas that made RE BarCamps so great vanished with repeated efforts?
5) Zero down payment mortgage available – If your hose qualifies, a USDA loan may be an option for zero down 100% financing.
I have been working with a lot of first time home buyers lately. One thing a lot of them ask me, is now a good time for a first time home buyer to make the jump and buy a home? In real estate when you ask a questions the most common answer is maybe or it depends. This is one where the maybe takes a back seat. If you are considering making your first purchase of a home and you have a good steady income now is a great time to make that jump.
