Archives for Finance News

Mistakes to Avoid When Selling

There are always ways in which sellers can improve their odds of selling and getting top dollar.  There are also ways in which they can cause the opposite effect.  To maximize the success in selling sellers should truly think through some decisions.  One of the first mistakes is thinking your home is perfect and overlooking repairs.  It is important to make sure your home not only shines cosmetically, but it shines because maintenance and other repair items have been taken care of.  A pre-inspection to discover what you may not know is invaluable.  This also helps, so you do not
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Affective August 1, 2015: Changes to Mortgage Financing & Reporting

Just when we think that we have everything down pat, we find out that things are about to change.  So, here we go again.  On August 1, the way that most residential mortgage loans are closed across the country will drastically change. A new rule from the new consumer protection agency created by Congress after the financial crisis, the Consumer Financial Protection Bureau (“CFPB”), will take affect on that day. Because of this Rule, there will be changes to the Loan Application Process, Changes to Closings, and to the Disclosures.  Some of those changes that will affect the purchaser are:
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