Tag Archive: Home Loans

Should I Refinance My Existing Mortgage?

There are so many people who are unsure of whether or not they should refinance their mortgage. There are pros and cons to refinancing and the reasons behind refinancing your mortgage should be good.  There was an article today at Walletpop called Top 10 Tips For Loan Refinancing. This was one of the best articles I [...]

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Foreclosure: The Bank Must Prove They Own The Note

The Court System is finally standing up for the little guy! Recently, the Southern District of New York ruled in favor of a borrower who was being foreclosed upon by their mortgage bank because the bank could not prove they owned the mortgage.
History
Years ago, lenders conspired to bypass the mortgage recording systems put in place by [...]

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Loan Modification With Banks Not Participating In The MHA Act

Not all lenders are participating the the Making Homes Affordable Act (MHA) and therefore not following the Federal Guidelines. Take a breath, this does NOT mean that you cannot modify! Almost every lender regardless of size has internal modification programs. Many of them mirror the federal guidelines, some in fact, are even easier to qualify for. However, [...]

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Buying A Home in New York – Closing Costs

There are fees involved in purchasing Real Estate that many new homebuyers overlook. The actual cost of buying a home is significantly higher than the purchase price and many people are unaware and unprepared for that fact when they begin the home buying process. Depending on your jusidiction there are different taxes and fees involved [...]

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7 Days To Owning A Home: Day 6 – Found It !

Congratulations, you have found the house of your dreams and fantasies of sitting in your new back yard are dancing through your head.  This is the most important part. After all the work and searching you finally found what you were looking for and now it is time to close the deal. Depending on the [...]

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The Top Five Loan Modification Myths!

The business of reputable Loan Modifications is just getting a foot hold and beginning to grow into big business. Modifications like many other areas of the law that are inaccessible either due to complexity or fear begins to take on an aura of impossibility and a perception of true horror. Before long, myths form and [...]

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