Mortgage Debt Relief Act Extended Until 1/1/2014
Mon, Jan 07, 2013
The Mortgage Debt Relief Act has been extended for one year. Since 2007, this law has given homeowners an exemption on federal taxes when they obtain debt forgiveness on their primary home. For example, a family with a short sale for $100,000 less th... Read More
Mortgage closing costs fell 7% for homebuyers
Thu, Aug 09, 2012
Federal regulations are helping to significantly reduce the amount new homebuyers are paying come closing time.
The average cost of closing on a mortgage has fallen by 7.4% over the past year, according to a recent survey by Bankrate.com. At the end... Read More
Mortgage Rates Hit Record Lows
Wed, May 23, 2012
Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row.
The 30-year fixed mortgage, the most popular mortgage product, dipped by 0.04 percentage points to 3.... Read More
South West Orlando Market Update
Wed, Apr 11, 2012
Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Orlando Southwest. Low rates with falling home prices makes a home purchase a great value!
Average Home Price
... Read More
Chose your Title Company Carefully
Mon, Apr 02, 2012
April 01--The Crownsville co-owner and president of a Greenbelt-based title company was sentenced to 18 months in prison for a wire fraud scheme that cost lenders and another title insurance company $3.1 million, federal prosecutors sa... Read More