Blog Archives

Mortgage Terms & Definitions

For some, it can be a daunting feeling when it becomes time to start the mortgage process.  There are many terms that can be used that wouldn’t be common to the average person.  Below is a list of these terms that one might encounter when going through the mortgage process. Read the rest of this entry

DEED-IN-LIEU: Freddie’s Plan to Help Jump Start the Residential Real Estate Market

DEED-IN-LIEU: Freddie’s Plan to Help Jump Start the Residential Real Estate Market

The Federal Housing Finance Agency, will be implementing new procedures to help with the ongoing housing crisis.  Planning on increasing servicers incentives for completing a deed-in-lieu of foreclosure, they have created a Single-Family Seller Servicer Guide. Read the rest of this entry

Short Sales can be ruined by…

When purchasing a short sale, isn’t the title free and clear? Could liens present a problem? Oh, boy the questions you think and maybe don’t ask!! The answers to any of your questions can be Yes, or Yes, or No!! So how do I know?? Read the rest of this entry

Recording Your Deed: Florida’s Requirements

It cannot be stressed enough the importance of recording your deed in the county in which the property is located. We will discuss why it is so important in a future article. Suffice it to say for now, that the act of recording your deed is crucial to protecting your property rights. Read the rest of this entry

Mortgage Forgiveness Debt Relief Act

When you borrow money from a lender and the lender later cancels or forgives the debt, you maybe required to include the cancelled amount as income for tax purposes, depending on the circumstances. Read the rest of this entry