If you have a home loan through Bank of America and you are currently concerned about making your payments or your home is worth less than you owe, you may qualify for a short sale incentive from BoA. They refer to it as an 'enhanced relocation assistance payment'. To qualifying home owners/selle
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05/24/2012
If you receive a letter from Chase Bank stating that you are eligible for a short sale incentive, please do not throw it away. It is not a scam. Distressed home owners have been receiving these letters for over a year now, and guess what? They are the real deal! Real estate agents and Realtors® h
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05/22/2012
The Wisconsin housing statistics are now in for April of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say: “The strong pace of existing home sales continued, with 10 straight months of double-digit sales growth. Home sales rose 19.5 percent in April 2012 comp
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05/21/2012
Spring 2012 is really heating up in the Dane & Rock County Wisconsin real estate markets! You've probably heard about it, whether on the news, in the paper, online, or even from a neighbor. Wisconsin home buyers are out in force! The real estate market is starting to feel like 2006-2007 again. G
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05/17/2012
We wanted to make everyone aware of recent price reductions on two fantastic short sale homes. One home is a beautifully maintained Deerfield Wisconsin home that has 3 bedrooms and 1 1/2 baths. There is 1560 s/f of living space and it is now priced at an incredible $132,000! The other short sale
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05/10/2012
Understanding the Subtle Differences in Various Mortgage Loans Getting a mortgage to purchase a home can be a little confusing. There is so much industry lingo that loan officers use like “terms” and “conforming” or “government loan” or “eligibility.” Let’s look at the most common types of loa
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05/09/2012
WHEDA Fannie Mae Advantage Most homes are expensive. There is just no way to sugarcoat it. Finding affordable transportation and good clothes at a decent price can be a simple task, but finding a LIVABLE home that is also CHEAP can be almost impossible. However, the people of Wisconsin now hav
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05/04/2012
WHEDA FHA Advantage In 1934 the United States congress created FHA (Federal Housing Authority) which originally was designed to insure loans offered to contractors that were building affordable housing. Of course, over time the mission and goals of FHA changed to insure loans offered to people w
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05/03/2012
Unique Features of WHEDA Loans In an effort to help the lower income individuals of Wisconsin find affordable housing, the Wisconsin Housing and Economic Development Authority, or WHEDA for short, was formed. The various loans offered by WHEDA have unique features that make it easier for people
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05/02/2012
What is WHEDA and how can it Help ME? The American Dream usually consists of a few major items for the majority of people; a satisfactory, well-paying job, dependable transportation and an affordable home to call their own. Lots of initiatives have been offered over the years to help people in m
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04/30/2012
