Respossessed Property – Hot Tips
Hot tips for buying a repossessed property. Have you heard of the phrase “one person’s misery is another person’s opportunity”? For house purchasers in today’s market, repossessed property definitely falls into this case. It isn’t hard to notice the rise in number of repossessed property coming on the market as of late. These can be […]
Short Sales
The 411 on Short Sales If you are in the market for a new home, you may come across homes on the market that are labeled as a “short sale”, “short pay” or “pre-foreclosure”. These three terms all mean the same thing: the seller is upside down on their mortgage and is attempting to negotiate […]
Moving – What To Know
What to know when moving from one home to another. While purchasing your new home can be a fun and exciting time, moving all your goods from one house to another can big a huge pain. It is, however, something that needs to be done so The Lawhead Team would like to share some helpful […]
Home Improvement Tips
Helpful Home Improvement Tips The Lawhead Team would like to share some helpful home improvement tips for 2012. There are simple home improvement steps you can take around your house to save a little money here and there. Read up on just a few home improvement tips we have come up with: Energy Assessment – […]
2 out of 3 Months as Top Producers!
The Lawhead Team is still killing it! We just got back from a busy weekend of showing condos and lofts downtown to clients from Seattle looking for a second home in San Diego. At last week’s office meeting it was announced that The Lawhead Team was awarded Coldwell Banker’s Outstanding Performance Award for the month […]
30-Year Fixed-Rate Mortgages Continue To Stay At Record Lows
Not only are housing prices at an extreme low, but 30-year fixed-rate mortgages continue to stay at record lows as well. Freddie Mac reported in its weekly mortgage market survey that the 30-year fixed-rate mortgage has lingered at the record low of 3.87 percent since the first week of February. For the past 11 weeks, […]
Tips On Qualifying For The Lowest Mortgage Rates for 2012
The Lawhead Team would like to share some information on qualifying for the lowest mortgage rates we’ve seen in years. There are four individual qualification criteria for your mortgage rates – down payment, debt ratio, credit scores, and interest points. Keep in mind, some of these factors can offset others. For example, if you have […]
Loosening Credit Could End The Housing Crisis
Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one […]
Home Buying Lingo – What To Know
Home buying can be a bit overwhelming and knowing a bit of the lingo may help get a grasp on exactly what your lender and realtor are talking about while you search for your perfect home. When you are looking at house listings as well, some of the lingo will be abbreviated and you may […]
Mortgage Deal Could Bring Billions In Relief
Mortgage deal could bring billions in relief. On Thursday, federal and state officials announced a $26 billion foreclosure settlement mortgage deal with five of the largest home lenders. California is expected to receive approximately $12 billion in principal write-downs, including through short sales, over the next three years, according to the state attorney general’s office. […]
