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All Tags » Stress Tips for... » GA Housing Market Conditions (RSS)
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More on yesterday's post...
Sure enough, 'good' new is 'bad' news for mortgage interest rates. Today, we hear that 110,000 new jobs were created in August, as well as 118,000 new jobs in June and July. Today, the mortgage interest rates are higher, but not a huge jump. For a 30-year fixed rate, it looks like ...
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Only 15% of the subprime loans became foreclosures, but we got rid of ALL subprime loans.
They also got rid of 80/20 loans, which can be good. This, I feel, is one of those things that can and does hurt lenders. If no one is investing in the home, and the market value goes down, it is easy to walk from the property. And, the ...
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There is no magic that will get your buyer for your home tomorrow.... BUT, there are ways to get your buyer quicker. Here is a list of DO'S AND DON'TS:
'DO' LIST
1. In this market where there are 13 months of inventory, you must HIRE A PROFESSIONAL REALTOR to market your home effectively. Get an agent who works ...
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A couple of things to remember if you pay down your mortgage by adding extra principle to your payment. 1) The interest that you can write-off on your taxes will become less. 2) The amount that you use to pay your mortgage down will not reduce your payment if you are on a fixed-rate mortgage. 3) The money that you put ...
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