Category: Real Estate

Florida Home Prices Flat Month Over Month – Average St Augustine Price Listings at $264,000

Since July of 2007 home prices have dipped in almost every region of Florida.  Zillow.com reports that average home prices in the southern state have stabilized in the last several months.  When comparing December 2011 to November of 2011 prices…

Using 401(k) Loans When Refinancing–Homeowners Apply Cash Towards Mortgage Principal But Drawbacks May Arise

Over the past months we have seen some workers borrow money from their 401(k), in the form of a 401(k) loan, for various purposes and, in some instances there have been homeowners who have used funds from their retirement as…

Homeowners Missing Mortgage Payments And Falling Behind Increase But Will Problems Continue?

Reports from the third quarter have indicated that there is data to show some homeowners are falling behind on their mortgage payments as delinquencies did increase, which has given some mixed opinions to the topic of mortgage delinquency as some…

Citigroup Sees Some Positive Numbers In Foreclosures For Homeowner Seeking Federal Aid On Mortgage Payments

Citigroup homeowners who were pursuing a federal home loan modification, in some situations, have fallen into foreclosure but according to the most recent Treasury Department reports that were released here in November more positive data has been seen. While foreclosure…

New Buyers And Refinancing See Increased Numbers As More Homeowners Seek To Take Advantage Of Lower Rates

It was reported that activity in the housing market showed some improvement for the week ending November 4 as both mortgage applications and refinancing activity increased amid drops in rates that have been seen on home loans, and this has…

Bank of America Foreclosures In Federal Modification Program Increase–Homeowners Seek Alternative Foreclosure Prevention

Bank of America foreclosure prevention assistance has come quite often through the federal modification program but homeowners who have either been denied modification assistance or had their trial modification canceled by Bank of America saw increases in the number of…

Foreclosed Homeowners Seeking A Review May Have Options But Questions Remain Over Helpfulness Of The Process

Homeowners who have faced foreclosure and feel that a review may have been in their favor or are questioning whether their bank properly adhered to foreclosure practices when specifically looking at their case have seen that the Office of the…