How’s the Market?

Home Sales Brisk in New York City’s Suburbs  New York Times Article Advertisements

Super Storm Sandy Federal Assistance

According to FEMA, the deadline for residents and small businesses to apply for federal assistance for damages  related to super storm Sandy has been extended to Jan. 28, 2013.  The original deadline was December 31, 2012.  The extension applies to Long Island, New York City and the lower Hudson Valley.   Any homeowner, renter, or…

BUY NOW…?

If you are thinking about purchasing a home right now, you are surely getting a lot of advice. And some of that advice is probably negative. Why buy now with prices still falling? Don’t you realize real estate is no longer a good investment? Don’t you know that people who bought six years ago lost…

5 Foreclosure MYTHS

Beginning in 2007, foreclosures rocked the real estate world. Like an out-of-control freight train, they began decimating the market, peaking in 2009. Myths and rumors began propagating like mushrooms as consumers struggled to understand the new reality. Although many misconceptions have come and gone, we still encounter five myths on a regular basis. 1. There…

complements of the IMPERFECT HOME (dot com)

 GREAT HOME ORGANIZING IDEAS Posts published in this series so far:  Day 1: You’re here! Day 2: An Organized Coat Closet Day 3: The Three Baskets Tip Day 4: How to Apply Contact Paper to Drawers  Day 5: Fabulous Pantries  Day 6: A Peek Inside My Kitchen  Day 7: DIY Pocket Organizer Day 8: Defining…

ROBO SIGNING National Mortgage Settlement: What You Need To Know

Last week, the Federal government and 49 state governments (Oklahoma being the exception) agreed to a $25 billion settlement regarding robo-signing and the challenges it created in the foreclosure process. We want to give a synopsis of the settlement and some perspective on what effect it will have on the housing market in 2012. The…

Fannie Mae Extends Mortgage Relief for Unemployed Borrowers

Fannie Mae issued new guidelines to its servicers Wednesday, introducing an unemployment forbearance program which provides servicers the flexibility to assist borrowers who have a financial hardship due to job loss, including those facing imminent default. With unemployment forbearance, the servicer reduces or suspends monthly payments for a specified period for a borrower who is…