RECENT BLOG POSTS
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With foreclosures continuously on the rise and more homeowners facing the risk every day, the fear of being foreclosed on is a common trend. This fear disables homeowners to step up to the plate and face their mortgage companies about possibly options. Foreclosure can be prevented as long as t...
10/12/2009
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With a slumping economy, the feds are once again stepping in to implement a program that will help bring down your mortgage to the equivalent of being only 31% of your gross income. Qualifying for this program isn't going to be an easy feat, however here are some tips to give you your best shot!...
10/09/2009
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Mortgage lenders are currently swamped with mortgage applications and the piles keep growing by the day. Due to the lowest interest rates in years on housing loans, many consumers are chomping at the bit to get in while it's still a buyer's market. Julie Haviv reports on the current phenomenon i...
10/07/2009
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Have you experienced an increase on your credit card's interest rates? Are you victim of unfair fees charged by credit card companies? Has your credit line been been reduced without any explanation? These are common trends with credit card holders lately, and the credit card companies aren't prov...
10/05/2009
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A nice life lesson comes with the territory of purchasing a home that has been foreclosed on: patience! While the sales on homes that are bank-owned due to foreclosures or that are up for a short sale are on the rise, so are the headaches. These types of purchases can include many conflicts wi...
10/01/2009
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Josh Garskof of Money Magazine reports on how greener living habits are no longer a thing for only the tree-huggers, but are now influencing the more mainstreamed public. Read his article Extreme Green Goes Mainstream. Contact us today: 214.923.0261 or email us: info@archwoodproperties.com www...
09/30/2009
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Loan modifications aren't an overnight deal, and while homeowners are antsy and hopeful, this process typically takes anywhere between 30 and 90 days. If you don't receive any immediate feedback, don't get discouraged. There are a few questions you should be prepared to ask upfront when dealing ...
09/29/2009
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With the November 30th deadline right around the corner, Congress has endorsed the idea of prolong the tax credit for an additional 6 months. The White House economic team is evaluating the credit's impact on the current housing market before suggesting an extension to President Obama. While t...
09/23/2009
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June Fletcher, from The Wall Street Journal, reports on Rookie Home Buyer Mistakes. Like many first-time buyers who want to take advantage of the $8,000 tax credit before it expires on November 30, Brendt Montgomery was in a rush to buy a home. And what better than a seemingly bargain-priced dist...
08/18/2009
The clock is ticking fast. Qualified borrowers need to have house offers accepted by the end of September to assure lenders enough time to beat the Nov. 30 federal deadline to close deals. For loans backed by the Federal Housing Administration (FHA), which require a minimum 3.5 percent downpaymen...
08/17/2009