Monthly Archives: April 2012

Mortgage rates v. 10 yr. treasury yields – any relationship?

Short answer – YES! Source:  http://www.mortgagenewsdaily.com/consumer_rates/228272.aspx References to products and services are not a specific endorsement, but the user must perform their due diligence and investigate whether the product or service is right for them. I welcome any or all … Continue reading

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Help for Homeowners – Summary of Programs

12-8-2014: Homeowners whose mortgages were already modified through the Home Affordable Modification Program to prevent foreclosure (approximately 1,000,000) could receive an additional $5,000 reduction $5 Billion from US taxpayers) in their loans from the government in 2015. 6-2-2013: About 20 … Continue reading

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Cobb County School System Attendance Zone Maps

Here’s where you can find the Cobb County School System Feeder Maps: http://www.cobbk12.org/centraloffice/Planning/ Attendance Zone Maps – http://www.cobbk12.org/centraloffice/planning/zonemaps.aspx Phase 3 of South Cobb’s new Elementary Feeder Maps: http://www.cobbk12.org/centraloffice/Planning/2011Redistricting/ http://www.cobbk12.org/centraloffice/Planning/Redistricting%20Round%203/DraftPlanMapR3.pdf …for the new Smyrna and Clarkdale Elementary Schools. Note: MDJ article … Continue reading

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Was your home foreclosed on between 1/1/2009 and 12/31/2010?

Did anyone seek assistance under this program? You can seek help until 4-30-2012. Checked will be sent to those who participated. The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency (federal … Continue reading

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New 3.8% sales tax on “all” home sales? Not quite…

Thanks to the ignorance and viral news stories about The Affordable Health Care Act (i.e., Obamacare), No – there won’t be a new 3.8% sales tax on “all” sales of homes beginning on January 1, 2013…just some homes. Those fortunate … Continue reading

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HUD’s 2011 Annual Report on Fiscal Status to US Congress

Good bedtime (yawn) reading, but the part they really don’t say (but the HUD Secretary’s cover letter hints)  is “are they well funded for the upcoming disasters“?  Probably not as much in reserves as they should have or are supposed … Continue reading

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Some other ways to reduce your mortgage payment

This is an updated reposting of earlier post on my other blog… You can certainly explore the HARP/HAMP and similar Government/Lender sponsored refinacing options, but just don’t fall victim to paying a 2nd party to tell you to just split … Continue reading

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Appraisal News

Believe It: Robots To Replace Real Estate Appraisers…According to Bloomberg, lenders are finding that appraisals based on computer programs are ultimately as reliable as a typical live performance — and cheaper. Real Estate Advice: A primer on appraisals This blog … Continue reading

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Average Homeownership Expenses Homeowners need to Consider

I was asked by a prospective homeowner…”In addition to my mortgage payment, what expenses do I expect to have when I purchase a home?” With the costs of home ownership in mind, I drafted a simple spreadsheet of basic household … Continue reading

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Georgia Real Estate Agents have to prove they’re legal citizens

Georgia House Bill 87 on Immigration passed in 2011 and became effective on 7-1-2011. One new requirement: real estate agents now have to prove they are here legally when renewing or obtaining their real estate license. One of the current … Continue reading

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