Negative equity keeps buyers from seeking greener pastures
The Federal Reserve Bank of New York (FRBNY) analyzed three cost factors homeowners consider when selling their homes.
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Author: Greg Huitrado
“I’m convinced!” Showing buyers the benefits of homeownership
The best way to answer this question for your potential clients is with an ownership expense analysis (OEA). An OEA lays out the costs of mortgage, utilities, insurance, property taxes, and maintenance against the costs of deposit and rent.
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In person reverse mortgage counseling required
This act requires reverse mortgage counseling occur in person unless the borrower selects another method.
Read MoreFix that house! Addressing neighborhood eyesores
Visibly neglected properties resulting from foreclosure or financial distress negatively affect neighboring property values
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FARM: Fix that house!
We’ve all seen them: Homes that stick out like ugly sore thumbs because their owners are careless or nowhere to be found.
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