by Heather | Feb 4, 2013 | C.A.R., TSBOR, TSMLS
by Heather | Jan 30, 2013 | C.A.R., TSBOR, TSMLS
Six federal financial regulatory agencies have issued the final rule that establishes new appraisal requirements for “higher-priced mortgage loans.” The rule implements amendments to the Truth in Lending Act made by the Dodd-Frank Wall Street Reform and...
by Heather | Jan 22, 2013 | C.A.R., TSBOR
by Heather | Jan 21, 2013 | C.A.R., TSBOR, TSMLS
Talking Points … Most lenders require borrowers to pay private mortgage insurance (PMI) on mortgages in which borrowers make a down payment of less than 20 percent. PMI is designed to protect the lender in case the borrower defaults. Once a borrower has made enough...
by Heather | Jan 17, 2013 | C.A.R., TSBOR, TSMLS
Talking Points Many home buyers think that real estate auctions are the best way to get a good deal on a home. While there are certainly deals to be had, auctions also can be dangerous for buyers. Buyers planning to attend an auction are advised to do their homework...
by Heather | Jan 14, 2013 | C.A.R., TSBOR, TSMLS