http://approvedteamlending.com/blog Florida Real Estate and Mortgage News Fri, 18 Sep 2009 21:11:09 +0000 http://backend.userland.com/rss092 en The clock is ticking on the tax credit that is due to expire on November 30, 2009. There may be some good news for first time home buyers who are searching but haven't found a house yet and are worried about not being able to close in time to take ... http://approvedteamlending.com/blog/2009/09/18/clock-ticking-on-first-time-homebuyer-tax-credit/ We have seen a big increase in applications for first time home buyers. When asked what made them take the first step, almost everyone of the applicants brought up the $8,000 Tax Credit for First Time home buyers. We have detailed information through our website on this tax ... http://approvedteamlending.com/blog/2009/05/05/first-time-home-buyers-applications-up/ Many homeowners have lost their homes or are on the verge of losing their homes due to job loss, illness, etc. The new trend though is homeowners that can afford their mortgages walking away because they may owe more than the home is worth. Not only is this ... http://approvedteamlending.com/blog/2009/03/30/walking-away-from-mortgage-is-costly/ There is a new tax credit for First Time Home buyers purchasing in 2009 which is a much improved version of the 2008 tax credit. The biggest and most significant difference is that the tax credit does not have to be repaid like the 2008 tax credit as long ... http://approvedteamlending.com/blog/2009/03/24/2009-first-time-home-buyer-tax-credit/ Wow, how things have changed. What we used to think was normal is now completely different. I came across an article that I thought was fitting for this time that takes on different parts of having financial security. Read below. The 7 New Rules of Financial Security by Carolyn ... http://approvedteamlending.com/blog/2009/03/24/the-7-new-rules-of-financial-security/ Starting today March 4th, the Obama Administration came out with the Homeowner Affordability and Stability Plan to help homeowners stay in their homes. Their hopes are that by helping homeowners that are current or on the verge of becoming delinquent Refinance into a more affordable payment. This in ... http://approvedteamlending.com/blog/2009/03/04/homeowner-affordability-and-stability-plan-executive-summary/ WASHINGTON – The Obama administration kicked off a new program Wednesday that's designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans that are modified to lower monthly payments. The Treasury Department released detailed guidelines designed to let the lending industry know how to ... http://approvedteamlending.com/blog/2009/03/04/feds-unveil-plan-to-help-9-million-stay-in-homes/ Are you Trying to Negotiate an Affordable Loan Modification??? Read the 10 steps to doing so that will expedite the process. 10 steps to negotiating an affordable loan modification DETROIT – Feb. 12, 2009 – Ralph R. Roberts, consumer advocate and spokesperson for Federal Loan Modification Law Center, LLP, released a ... http://approvedteamlending.com/blog/2009/02/12/trying-to-negotiate-an-affordable-loan-modification/ ORLANDO, Fla. – Feb. 12, 2009 – Sales of existing single-family homes in Florida rose 13 percent in fourth quarter 2008 compared to the same period a year earlier, according to the latest housing statistics from the Florida Association of Realtors® (FAR). A total of 30,163 existing homes sold statewide ... http://approvedteamlending.com/blog/2009/02/12/florida%e2%80%99s-existing-home-condo-sales-rise-in-4q-2008/ Changes are going on within the mortgage and lending business. Although many companies are trying to improve the standards and guidelines to protect the consumers, banks, and mortgage companies, their actions may actually hurt the Consumers. Read below. Lenders drop mortgage brokers Some big banks are cutting out mortgage brokers ... http://approvedteamlending.com/blog/2009/02/12/lenders-drop-mortgage-brokers-bad-for-consumers/