Take Advantage of Record Low Rates Before They RiseAccording to Freddie Mac, interest rates on both 30 year and 15 year fixed loans fell to new record lows, at 3.89 and 3.16% respectively. Even with a large inventory in residential and investment properties to choose from, sales are still sluggish. The chief economist for Freddie Mac suggests that low interest rates may cause home buyers to hesitate because they may expect them to fall even further, but rising rates which often accompany an improving economy, can give potential buyers a reason to act before rates and home prices become less affordable. Click here for details For more information on any Colorado Springs Homes For Sale, contact: Colorado Springs Realtors Click here for a Detailed Market Snapshot for any address in http://www.realestatebyhughes.com/00BECE Posted on February 05, 2012 13:18:23 by The Hughes Team
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Tips for a successful loan modification1. Determine if you qualify by accessing a questionnaire provided by the U.S. Treasury Department. 2. Compile the information that server wants. 3. Don't exaggerate your financial shortcomings 4. Packages with obvious errors may fall to the bottom of the pile, make sure your information is filled out accurately and completely. Use a cover sheet that identifies all documents in your package. Write your name and loan number on every page. 5. Assure delivery by using fax or certified mail, or use DMM Document Wizard. 6. Follow up, and follow up again. Click here for details
For more information on any Colorado Springs Homes For Sale, contact: Colorado Springs Realtors Click here for a Detailed Market Snapshot for any address in http://www.realestatebyhughes.com/00BECD Posted on February 03, 2012 19:52:59 by The Hughes Team
Posted in Seller's Information, Mortgage Information
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Housing Crisis to end in 2012Capital Economics expects the housing crisis to end this year, one of the reasons being the loosening credit. The experts say that the market indicators point to a stabilization of mortgage lending standards as well as loosening of available credit. Banks are loosening the loan-to-value (LTV) ratios which Capital Economics sees as the clearest sign yet of an improvement in mortgage credit conditions. Click here for details
For more information on any Colorado Springs Homes For Sale, contact: Colorado Springs Realtors Click here for a Detailed Market Snapshot for any address in http://www.realestatebyhughes.com/00BEC7 Posted on January 31, 2012 17:28:00 by The Hughes Team
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Great remodeling ideasThis site, sponsored by the National Association of Realtors, provides great inputs on home improvements, small space solutions, maintenance, repair as well as improving the outdoors and also gives inputs on green living. Click here for details
For more information on any Colorado Springs Homes For Sale, contact: Colorado Springs Realtors Click here for a Detailed Market Snapshot for any address in http://www.realestatebyhughes.com/00BEC2 Posted on January 28, 2012 10:20:09 by The Hughes Team
Posted in Seller's Information, Remodeling
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Sign your double pane windows need fixingDamage occurs when some type of impact damage occurs to the window. This can cause a small opening between the glass and the spacer bar. It allows air to enter the space between the window panes. The result is a fogging inside the panes. Replacement is the only option. Click here for details For more information on any Colorado Springs Homes For Sale, contact: Colorado Springs Realtors Click here for a Detailed Market Snapshot for any address in http://www.realestatebyhughes.com/00BEB6 Posted on January 23, 2012 10:32:26 by The Hughes Team
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