December 2014 Blog Posts (4)

Wisconsin November 2014 Housing Statistics

The Wisconsin housing statistics are in for this November of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

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Existing home sales in Wisconsin fell in November compared to the same month last year, but home prices increased over the same period,…

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Added by Michael Collins, CDPE, SFR, BPOR on December 26, 2014 at 3:47pm — No Comments

FHA Discounts for First-Time Homebuyers

First-Time Homebuyers Discounts through FHA

People in the market for their first home can take advantage of a new offer from FHA. This new initiative aims to provide more information to buyers though classroom education and will reward them with a reduction in the premiums paid towards mortgage insurance.

FHA-Discounts-for-First-Time-Home-Buyers

 

 

HAWK to the…

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Added by Michael Collins, CDPE, SFR, BPOR on December 15, 2014 at 3:40pm — No Comments

Having Mortgage Difficulties??? YOU HAVE OPTIONS!!!!

The housing crisis has caused a great deal of stress to homeowners in hardship, and has pushed more than one out of every seven of them into the path of foreclosure. Options have been made available to homeowners trying to avoid foreclosure; options like repayment, mortgage modification, deed in lieu of foreclosure, Bankruptcy, and short sale. In this article we will take a look at these different options available to home owners who are in…

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Added by Vanessa Calhoun on December 5, 2014 at 4:00pm — No Comments

One Hurdle Cleared......One More To Go!!!!!

The Mortgage Debt Forgiveness Act of 2007 provided distressed homeowners with the ability to sell their homes via short sale without having to worry about including the amount of the waived balance in their yearly tax calculations. Prior to 2007, short sellers were provided a 1099 for the amount of the waived balance and it was taxed as additional income. 

 

The Mortgage Debt Forgiveness Act of 2007 provided distressed homeowners with an avenue that provided an additional level…

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Added by Vanessa Calhoun on December 5, 2014 at 3:02pm — No Comments

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