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Interest Rates and $8,000 Credit Information
20 March 09 01:07 PM | Lee Rosa | (Comments Off)   
In talking to others in the Real Estate industry we all were surprised that the FED announced that they would begin purchasing both long term Treasuries and Mortgage Backed Securities. The Bond and Mortgage Market Rallied once news broke to them, as "everyone" Read More...
Loan Modification "The Low Down"
06 March 09 11:36 AM | Lee Rosa | (Comments Off)   
The basic guidelines for MODIFICATIONS at this point: Eligibility and Verification: 1. Loans originated on or before January 1, 2009. 2. First-lien loans on owner-occupied properties with unpaid principal balance up to $729,750. Higher limits allowed Read More...
Buying Central Florida Real Estate Tomorrow?
12 February 09 07:39 PM | Lee Rosa | (Comments Off)   
Anyone considering: purchasing your 1st Home | Moving Up | Selling ... Tomorrow is a big day as the $789 billion economic stimulus package goes to a vote ... This time the "proposal to provide a $15,000 tax credit to homebuyers" was removed, Read More...