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February 2011 - Posts

Tuesday, February 22, 2011 2:43 PM

Shopping Tips for Buying a Home Warranty

Home warranties can be attractive to home owners or buyers who are looking at purchasing a property. These service contracts can cover all of a home’s major systems, such as the furnace or air conditioner, and will cover needed repairs if the appliance
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Tuesday, February 22, 2011 2:41 PM

30-Year Rates Return to 5% Levels

The 30-year fixed-rate mortgage inched above 5 percent this week, rising to its highest level since the last week in April 2010, and continuing its steady climb upward the last few weeks. The 30-year rate averaged 5.05 percent this week, up from 4.81
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Tuesday, February 22, 2011 2:35 PM

After a short sale or a foreclosure, will there be taxes owed on the ‘forgiven debt’?

Consult your CPA for more details, but the bottom line is: most homeowners will not owe tax on the forgiven amount. Prior to the Mortgage Forgiveness Debt Relief Act (HR3648), homeowners of primary residences were subject to a “Phantom Tax”
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Friday, February 11, 2011 10:17 AM

Single Story For Sale in Watercrest East

Home on wooded lot and 42 acre lake • 2,273 sq. ft., 4 bdrm single story - MLS® $245,000 - Lake Home Watercrest East, Blythe Island - Discover the many advantages of living on Blythe Island in this lake front home with beautiful lake views. The
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Friday, February 11, 2011 10:17 AM

Price Reduced on 156 Hillery Trace in Watercrest East

Watercrest East, Blythe Island - Announcing a price reduction on 156 Hillery Trace, a 2,273 sq. ft., 4 bdrm single story. Now MLS® $245,000 - Lake Home. Property information
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Friday, February 11, 2011 10:16 AM

Single Story For Sale in Ocean Walk

Walk or bike to all attractions in area • 780 sq. ft., 1 bath, 1 bdrm single story - MLS® $175,000 - Fully Furnished Ocean Walk, Saint Simons Island - Location, location, location, Ocean Walk condominiums lives up to its name being located within
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Friday, February 11, 2011 10:11 AM

Foreclosure Notices Reach 3-Year Lows

Fewer homes entered the foreclosure process in January than in any month in last three years, RealtyTrac Inc. reports. What's more, homes that received an initial default notice has fallen 27 percent when compared to January 2010. Why the drop? Lenders
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Friday, February 11, 2011 10:07 AM

Most Metro Areas See Home Prices Stabilizing

Home sales rebounded in 49 states during the fourth quarter with 78 markets – just over half of the available metropolitan areas – experiencing price gains from a year ago, while most of the rest saw price weakness, according to the latest
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