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This week’s newsletter hot off the press!

We publish a weekly very informative real estate newsletter complete with hot buys, foreclosure deals, bank owned homes and very relevant real estate information. Read it here.

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Loans past due & in foreclosure at 4-year low

In another flicker of hope for the battered housing markets, home loans in foreclosure or at least one payment past due have declined to the lowest level since 2008, according to a Mortgage Bankers Assn. delinquency report. Read more here.

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BofA offers relo assistance to short-sellers

Bank of America says it will provide up to $30,000 in relocation assistance to delinquent borrowers who work with the bank to obtain a pre-approved short-sale price before submitting purchase offers.Read more here, or here.

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Latest newsletter ready to read

Our weekly very informative real estate newsletter complete with hot buys, foreclosure deals, bank owned homes and very relevant real estate information is hot off the press. Read it here.

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Pending home sales near 2-year high

Pending sales of existing homes rose to their highest level in nearly two years in March, according to the National Association of Realtors’ latest Pending Home Sales Index. Read more here.

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Reverse Loans, Pre-Retirement

REVERSE mortgages, once associated mainly with homeowners in their 70s and beyond, are now being taken out by people nearing retirement to help pay off debts and remain financially solvent, a new report shows. Read more here.

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Qualifying for a mortgage has gotten much tougher

How do you stack up as a potential mortgage candidate in this year’s increasingly tough underwriting environment? Do you have the right stuff — credit score, debt-to-income ratio, equity or down payment — to get you through the minefield? Read more here.

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