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4 Questions to Ask Before Buying a Foreclosure

Foreclosures can offer big bargains, but buyers need to be careful that they don’t get over their heads in purchasing a home that may need more repairs than they bargained for. Foreclosures are usually sold as-is, and homes that are left vacant

IRS Audit Red Flags: The Dirty Dozen

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? The IRS audits only slightly more than 1% of all individual tax returns annually. The agency doesn't have enough personnel and resources to examine

Mortgage Rates Rise After Posting Record Lows

Mortgage rates started to edge higher this week, after a series of recent positive reports showing the housing market on the mend, Freddie Mac reported in its weekly mortgage market survey. The 30-year fixed-rate mortgage after posting all-time record

Single Story For Sale in Marshes of Mackay

Marsh Front Home with Privacy • 3,190 sq. ft., 2 bath, 4 bdrm single story "Redone inside and out" - MLS® $285,000 - Marsh front home Marshes of Mackay, Brunswick - Enjoy marsh front living in this beautifully maintained low country
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Banks, Gov't Near Deal on Foreclosure Settlement

Up to 1 million at-risk, underwater borrowers may be eligible for a reduction on their mortgage principal, if a settlement between big banks and government officials gets the final approval. The mortgage aid is reportedly on the table as big banks and

“Don’t shoot the messenger”

“Don’t shoot the messenger,” is the message the Appraisal Institute has for those in the real estate industry. Appraisers have been taking heat the last few months over low home values, with critics arguing that values aren’t matching

What's in Store for Housing in 2012?

The worst for the housing market may finally be over, according to housing experts in a recent article in Kiplinger. After median home price have dropped nearly 40 percent nationwide, a rebound is taking shape -- although, housing experts say, the market

Record $88 Million Sale for NYC Condo

Russian billionaire Dmitriy Rybolovlev is reportedly paying the full asking price of $88 million for a New York City condo for his 22-year-old daughter, considered the highest individual transaction ever recorded in New York City, according to Forbes.

Current Market Statistics in Golden isles

In the Golden Isles there have been a total of 1483 closed sales from January 1 st to December 12th 2011 compared to 1230 from January 1 st to December 13th 2010. The average selling price for that period in 2011 is $211,077 compared to an average selling

5 Things To Do NOW If You Want to Buy A Home In 2012

If you’re one of the millions who has an eye on 2012 as the year in which you’ll buy a home (first or not), here are five things you can do now to put yourself on the right path: 1. Check your credit. Take my word for it: there is no bad surprise

Want A Payroll Tax Cut? Be Prepared For HIGHER Fannie/ Freddie Fees

Democrats and Republicans both support extending the payroll tax cut, and they both agree that the cost of the extension should be offset through changes elsewhere in the budget. The idea coming from the Democrats idea that is to…. pass the expense

Report Predicts Drop in Delinquencies Next Year

--> The number of borrowers behind on their mortgage payments is expected to drop sharply by the end of next year, according to a new report released by TransUnion. Mortgage delinquency rates reflect the ratio of borrowers 60 or more days behind on their

Congress Restores FHA Loan Limits to NAR-Backed Levels

The U.S. House and Senate yesterday restored FHA loan limits to the level they were at before they were allowed to expire at the end of September. As a result, the limits will rise to 125 percent of the area median home price from 115 percent, up to a

Buy a HUD Home for Only $100 Down?

In several states, the U.S. Department of Housing and Urban Development is offering home buyers foreclosed homes with only a $100 down payment, in trying to unload some of its inventory. The incentive runs until October 2012. To qualify, purchasers must

Rent/Lease Reduced on 135 Baywood Circle in Timber Ridge

Timber Ridge, Brunswick - Announcing a rent/lease reduction on 135 Baywood Circle, a 2,200 sq. ft., 2 bath, 3 bdrm single story "Brick home". Now MLS® $1,000 Monthly - Short Term Rental. Property information
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