Chattanooga Real Estate Update
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July 2010 Chattanooga TN & Northwest Georgia Home Sales Report
Watch the July 2010 Chattanooga TN & Northwest Georgia Home Sales Report
What should I consider when investing in undeveloped real estate??
Deciding to invest in the real estate world must be taken with caution. In order to save yourself from encountering financial nightmares, you have to consider the reports about current market trends. These are invaluable as these would serve as guides throughout the purchase process. Meanwhile, you can also gear yourself to become a thriving [...]
What is the typical waiting time on a Short Sale offer?
First, a short sale is a sale of real estate in which the sales proceeds fall short of the mortgage balance owed on the property?s loan. Typically, a short sale is consider by a lender when a borrower has a financial hardship that prevents them from paying the balance owed on their mortgage loan and [...]
Is there any government assistance with home mortgage payments if I become unemployed??
Recently, the Obama Administration including Federal Housing Administration (FHA) announced changes to the Home Affordable Modification Program (HAMP) and enhancements to the FHA’s refinance program. The Federal cost of these changes will be funded through the $50 billion allocation for housing programs under the Troubled Asset Relief Program (TARP). Under the HAMP enhancements, unemployed borrowers [...]
What makes a house sell?
Everything about a house helps sells it. However, the real estate world is truly a wide and highly competitive sector in our society. Therefore, if you are planning to sell your house at a better value, there are important considerations you have to be aware to ensure your house does not stay in the market [...]
Chattanooga Realtors Oppose Mayor?s Proposed Property Tax Increase
STATEMENT FROM CHATTANOOGA ASSOCIATION OF REALTORS PRESIDENT RANDY DURHAM Our Realtor Association has learned through local media reports of the budget proposals Mayor Littlefield has presented for the 2010-2011 fiscal year. To say the least, we are extremely concerned at this point to learn of his request for an extraordinary 33% increase in City property taxes.The Mayor [...]
About the April 2010 Home Sales Report!
What are the benefits of a home warranty?
What are the benefits of a home warranty? There are so many obligations a home buyer has to look into upon engaging in a purchase deal. One of your primary tasks is to ensure you are getting your hands on a sound investment. And just to add another layer of protection to your future investment, getting [...]
You Don?t Have To Be Behind On Your Mortgage To Be Eligible For a Short Sale
Probably one of the biggest misconceptions with sellers and the short sale process is that, as a seller, you have to be in default before the bank will consider a short sale. This may have been true awhile ago however today it?s no longer the case. For many sellers, it simply isn?t necessary to fall behind [...]
New HUD Rules for Settlement and the Closing Statement
What is to be expected with the recent HUD rules for the real estate settlement and closing statement? Many prospective homeowners have been shocked and surprised when they arrive at the closing table. To date, most homeowners have only been supplied with a Good Faith Estimate showing their potential closing costs and fees; none of which [...]
