Michael Collins, CDPE, SFR's Blog – May 2012 Archive (9)

Bank of America Short Sale Incentive Letter|Relocation Assistance

If you have a home loan through Bank of America and you are currently concerned about making your payments or your home is worth less than you owe, you may qualify for a short sale incentive from …

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Added by Michael Collins, CDPE, SFR on May 24, 2012 at 8:09am — No Comments

Chase Bank Short Sale Incentive Letter

If you receive a letter from Chase Bank stating that you are eligible for a short sale incentive, please do not throw it away. It is not a scam.…

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Added by Michael Collins, CDPE, SFR on May 22, 2012 at 5:00am — No Comments

Wisconsin April 2012 Housing Statistics

Counties of WI The Wisconsin housing statistics are now in for April of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:
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Added by Michael Collins, CDPE, SFR on May 21, 2012 at 8:14am — No Comments

Tips for your Home Inspection

Considering the cost of purchasing a home it would make sense that buyers would take necessary precautions to see if the home has any problems. A home inspection can point out any problems, if they even exist. The following list represents some pointers to consider when ordering a home inspection.

Review Credentials of the Inspector

It is wise to choose an inspector with…

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Added by Michael Collins, CDPE, SFR on May 15, 2012 at 5:17am — No Comments

Avoiding Problems with Your Escrow Account

 

Avoiding Problems with Your Escrow Account

If you are using a mortgage to purchase your first home it is highly likely that the lender will request that you use escrow in order to handle the annual homeowner's insurance and taxes on the property. This is reflected by an additional payment on top of the interest and principal payment that you make on…

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Added by Michael Collins, CDPE, SFR on May 15, 2012 at 5:15am — No Comments

Tips for Buying a Short Sale

Buying a Wisconsin Short Sale



 

Tips for Buying Your First Short Sale

A short sale is a fairly simple procedure, at least in theory. A homeowner sells their home for a price below the current mortgage balance. The bank agrees to take this lesser amount as payment in full of the mortgage in order to avoid the heavy cost of a foreclosure. Here are some…

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Added by Michael Collins, CDPE, SFR on May 14, 2012 at 8:07am — No Comments

Getting Familiar with your Homeowners Insurance

Understanding your Home Owners Insurance Policy

There is no doubt that an insurance policy on a home can be tough to understand. However, going over the policy and making sure you are comfortable with the important parts can payoff down the road. Here is an overview to make sure you have the basics covered.

The Home

It is important to know that in the…

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Added by Michael Collins, CDPE, SFR on May 14, 2012 at 8:01am — No Comments

Benefits of Buying an Owner-Occupied WI Short Sale

 

There are often overlooked benefits to buying an owner occupied short sale home. It’s amazing just how much of a difference having someone living in a property can make. Here are some of the upsides that I have noticed in a Wisconsin owner occupied short sale home versus a vacant Foreclosure:

-  It feels like a…

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Added by Michael Collins, CDPE, SFR on May 8, 2012 at 9:20am — No Comments

Why It is a Good Idea to Choose a Realtor®

Why It is a Good Idea to Choose a Realtor®



While there are a lot of licensed real estate agents in most locations, the industry is quite tough.  A large number of people who apply for their license end up leaving the industry in a short time.  This means that there is a small number of Realtors® with licenses who have the experience and knowledge to truly help a person buy a home.
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Added by Michael Collins, CDPE, SFR on May 8, 2012 at 9:00am — No Comments

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