HELP FOR OUR SERVICE MEN AND WOMEN AFFECTED BY POOR HOUSING MARKETS

The US Department of Defense, in conjunction with the Army Corps of Engineers, recently announced the Homeowner Assistance Program (HAP).  The program is designed to “assist eligible homeowners who face financial loss when selling their primary residence homes in areas where real estate values have declined because of a base…Read More

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