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Return of the HARP 26 Aug 2013 | 08:35 pm
Housing-market experts anticipate a trilogy to the Home Affordable Refinance Program (HARP) as participation gains momentum. Lawmakers have introduced the Responsible Homeowner Refinancing Act of 201...
Cash Rules Everything Around the Recovering Housing Market 21 Aug 2013 | 08:32 pm
Cash rules in the recovering housing market. In Florida, 57 percent of all June home sales constituted all-cash deals, according to RealtyTrac’s June housing report. In Tampa, 58 percent of all home...
New Housing Bubble Not Likely According to Recent Report 19 Aug 2013 | 07:43 pm
Worries of a pending bubble due to double-digit increases in home prices are tampered by basic economic models, according to CoreLogic analysts. As a new CoreLogic report explains, rising demand slig...
Full Housing-Market Recovery is Inevitable According to Homes.com 14 Aug 2013 | 09:37 pm
A full housing-market recovery is inevitable, according to Homes.com’s Local Market Index and Rebound Reports. Back in April, all top 100 major U.S. housing markets increased prices for the first time...
High Loan-to-Value Mortgage Risks and Success of Coastal Market 6 Aug 2013 | 11:32 pm
Mortgages containing high loan-to-value (LTV) ratios result in adverse, communitywide housing prices effects. Mortgages considered to possess high LTV ratios run a greater risk of defaulting. This cre...
Homeowners to IRS: Short Sell in 2013 or I Will be Taxed? 6 Aug 2013 | 07:55 pm
Consider the following short sale or foreclosure scenario: An underwater homeowner who owes $200,000 on their mortgage short sells their property for $125,000 and the bank forgives the $75,000 differ...
“Stand Your Ground” or “Shoot First” – What is the Law? 6 Aug 2013 | 07:04 pm
After the fatal shooting of Trayvon Martin and the subsequent not guilty verdict of George Zimmerman, Florida is under a lot of scrutiny due to its “Stand Your Ground” law. Some entertainers have boy...
Good Chance You or Your company Will Qualify for a BP Claim 6 Aug 2013 | 06:54 pm
Since Boss, Arrighi & Hoag began handling BP claims for companies last year under the Deepwater Horizon Settlement Fund, we hear four (4) continual comments or questions from prospective companies whe...
Declining Government Support Raises Concern for the Future of Affordable Housing 31 Jul 2013 | 08:41 pm
A report from Harvard University’s Joint Center for Housing Studies (JCHS) shows that the demand for rental housing is on the rise, however, the federal government is looking to reduce their involveme...
Fannie Mae Releases Updates to Standard Short Sale/HAFA II and Mortgage Release Requirements 30 Jul 2013 | 05:55 pm
Recent issues regarding valuation of short sale properties are believe to be caused by quick contracts. In response, Fannie Mae has released Servicing Guide Announcement SVC-2013-13, Updates to Standa...
