IF IT SOUNDS TO GOOD TO BE TRUE……

I was perusing some online info the other day and came across this article on the new York Daily News Site: RADIO ‘FORECLOSURE SPECIALIST’ LAVETTE BILLS HELD IN $800G MORTGAGE CON BY Melissa Grace and Edgar Sandoval DAILY NEWS STAFF WRITERS  Thursday, March 19th 2009, 10:16 PM A Bronx real…Read More

FANNIE MAE SAYS NO TO LENDERS WHO WANT TO CUT YOUR COMMISSION IN SHORT SALE SITUATIONS!

Fannie Mae released a new rule in their lender servicing guide published February 24, 2009. Part VII, Section 504.02 states: “Effective March 1, 2009, closing of preforeclosure sales may not be conditioned upon a reduction of the total commission to be paid to real estate agents to a level below…Read More

PUTTING YESTERDAY’S HEADLINES INTO PERSPECTIVE

Amidst all the excitement over the end of 2008, the local paper published some articles that you may not have seen.  Well, alright, you probably saw them, 2 of them were pretty big headlines, at the top of the page.  The morning paper had the headline “Jobless rate here hits 5%,…Read More

FINALLY, AN EASY TO USE OPEN HOUSE INTERFACE FOR CONSUMERS IN LANCASTER COUNTY!

Here at Weichert, we have been at the forefront of open house marketing for a long time.  Our websites [ www.JasonsHomes.com , www.WeichertEH.com & www.Weichert.com ] have always featured all of our open houses information online, with photos, customizable tours, printable brochures, mortgage info, you name it. Unfortunately, while consumers benefited…Read More

NEW MORTGAGE RULES TO PROTECT CONSUMERS IN PENNSYLVANIA

Check out the press release from the Department of Banking I posted below.  Great changes, putting things into law that should always have been there, hopefully this puts an end to the predatory lending practices that the recent licensing law changes may have missed. If you’d like to read the complete Code…Read More

CALIFORNIA DOES IT AGAIN!

I came across some interesting info the other day on realtor.com.  They republished some info from Zillow that showed the Top Ten Areas where home prices have either Decreased or Increased.  Here is the break down: Top 10 Increases Ithaca, NY                     +5.6% State College, PA          +4% Jacksonville, NC            +3.9% Winston-Salem, NC     …Read More