Fed Chief and His Quick Action Plan

January 17th, 2008

His speech and words moved the market. These are his words to help stimulate our economy:

                   Excerpts provided by nytimes.com (http://www.nytimes.com/2008/01/17/business/17cnd-fed.html?_r=1&hp&oref=slogin)

 “We currently see the economy as continuing to grow, […] Continue Reading…

Mortgage Market Update- Market is squeezing borrowers

January 14th, 2008

Lenders have made it tougher for borrowers to obtain mortgage financing in serveral weakening housing markets thereby pompting borrowers to seek properties in less affected areas. In New Jersey, […] Continue Reading…

New Year Promise- Help Improve Your Credit (A Quick Reference)

January 10th, 2008

If you credit rating are suffering because of mistakes on your credit report, it is YOUR RIGHT to have them corrected at no cost. This is true for New Jersey […] Continue Reading…

Introduction to Installement Land Contracts

January 7th, 2008

This is a quick FYI to put into your knowledge database.
A type of financing where a seller legally owns a property until the buyer repays the loan

Installment sales contracts […] Continue Reading…

Farmland a good invesment choice?

January 4th, 2008

farmland prices skyrocketed 50% over the past three years, to an average of close to $2,200 an acre through August, according to the U.S. Department of Agriculture.
Mike Duffy, an […] Continue Reading…

Why Record a Deed?

January 3rd, 2008

Your deed is considered complete once it has been signed, sealed and delivered. Recording the deed is not required by law in order for the transfer from the seller […] Continue Reading…

New Year - Changing Real Estate Market for 2008

January 1st, 2008

United States is deep in its worst housing slump since the Great Depression. In a new survey, Moody’s Economy.com says many metro areas will record losses of 20 percent […] Continue Reading…

Conventional, FHA and VA Transactions Defined

December 19th, 2007

What is the difference between conventional, FHA and VA mortgage financing?
A conventional loan is the standard loan type with the usual down payment and underwriting requirements. These will differ […] Continue Reading…

Abuse of Limited Power of Attorney

December 17th, 2007

The growing use of Limited Power of Attorney can open door for “scam artisis” to victimize homeowners and borrowers. The Limited Power of Attorney (LPOA) is an agreement giving a […] Continue Reading…

Fed’s Liquidity Plan- Months to take effect

December 13th, 2007

Like every fed move in the past, the effects of their decisions takes months on end to affect the consumer market. Their latest decision will not be any different. […] Continue Reading…