Lancaster Life and Home

Recently, some changes were made to Regulation Z and RESPA that affect lenders and their requirements to disclose fees for their services and the total cost of the loan. The changes affect specifically how lenders are required to deliver the Truth in Lending (TIL) statement and what they are/are ...

The National Association of REALTORS® (NAR) is asking its 1.2 million members to write to Congress to extend the successful homebuyer tax credit into next year.  NAR has a great system email system to reach all of it's members allowing massive responses to these "Call to Actions".  According to r...

This past May, a new law went into effect that did not capture much media attention at the time.  The "Helping Families Save Their Homes Act of 2009" became effective May 20, 2009 and included some much needed protection for tenants caught in the crossfire of the foreclosure process.  Here is the...

If you need more reasons whay HVCC is a problem, read this blog from Todd Clark! On May 1, 2009, the government put in to place the HVCC appraisal law which stands for Home Valuation Code of Conduct, which was supposed to help to keep agents and mortgage brokers from being able to talk to apprais...

 Recently, the fine folks in the government implemented a new set of rules called the Home Valuation Code of Conduct (HVCC). The purpose was to protect consumers and lenders from buying or lending for over-valued properties.  The problem was that in some cases, in a few areas in our nation, lend...

First and foremost, this article is not in any way considered to be, or offered as, legal advice.  I am not an attorney and all agents and homeowners with specific questions about the foreclosure process should consult with an attorney. With that being said, let's get started!  An agent gets a ca...

Amidst all the excitement over the end of 2008, the local paper published some articles that you may not have seen.  Well, alright, you probably saw them, 2 of them were pretty big headlines, at the top of the page.  The morning paper had the headline "Jobless rate here hits 5%, highest since Sep...

Lancaster County PA is voted the 10th best place in the nation to "ride out" the recession by Forbes Magazine!   That's right, according to Forbes magazine; we are in the 10th best place in the nation economically!!!!  I've been saying it for months, and now we have the backing of an independent ...