Some States to Ban Foreclosure Sales From Appraisal Values
With foreclosure sales steadily rising, four states are concerned that the use of the foreclosure sale prices in appraisals is distorting the market. Legislators in Illinois, Nevada, and Missouri have all proposed bills that would exclude or restrict foreclosure sales being used to determine the value of homes.
call Mark Spain 770-886-9000 today!
Thursday, March 31, 2011
Posted by The Mark Spain Team at 7:49 AM 0 comments
Wednesday, March 30, 2011
House Votes to Terminate Government's Mortgage Modification
U.S. House passed legislation Tuesday to end the administration's foreclosure prevention initiative, the Home Affordable Modification Program (HAMP). The HAMP Termination Act (H.R. 839) It a largely symbolic. The bill is not expected to pass in the Senate. Republican senators have already introduced a bill to pull the plug on the federal program.
Posted by The Mark Spain Team at 5:44 AM 0 comments
Wednesday, March 23, 2011
Atlanta Mortgage Rates: http://www.markspain.com
WEDNESDAY'S RATES:
30-year fixed loans: Conventional: 4.75% FHA: 4.625% Jumbo: 5.0%
15-year fixed loans: Conventional: 3.875% FHA: 4.0% Jumbo: 4.25%
5-year ARM: Conventional: 3.0% FHA: 3.625% Jumbo: 3.375%
Call Mark Spain for more imnformation 770-886-9000
Posted by The Mark Spain Team at 7:18 AM 0 comments
Atlanta Real Estate http://www.markspain.com
Good news on our economy. Mortgage delenquency rates dropped 8.8% in February, and forsclosures dropped .02 percent in February. Both are good indicators, our economy is improveing, even though modestly. If you or anyone you know id facing foreclosure, visit http://www.greateratlantaforeclosure help.com for important information.
Call Mark Spain today 770-886-9000
Posted by The Mark Spain Team at 3:09 AM 0 comments
Friday, March 18, 2011
Atlanta Mortgage rates: www.markspain.com
30-year fixed loans: Conventional: 4.625 FHA: 4.625% Jumbo: 4.875%
15-year fixed loans: Conventional: 3.875% FHA: 4.0% Jumbo: 4.125%
5-year ARM: Conventional: 3.125% FHA: 3.5% Jumbo: 3.375%
Call MArk Spain Today 770-886-9000
Posted by The Mark Spain Team at 2:46 AM 0 comments
Wednesday, March 16, 2011
Atlanta Mortgage Rates http:/www.markspain.com
30-year fixed loans: Conventional: 4.75% FHA: 4.75% Jumbo: 5.0%
15-year fixed loans: Conventional: 3.875% FHA: 4.0% Jumbo: 4.25%
5-year ARM: Conventional: 3.0% FHA: 3.625% Jumbo: 3.375%
Call Mark Spain for more information 770-886-9000
Posted by The Mark Spain Team at 3:40 AM 0 comments
Tuesday, March 15, 2011
Atlanta Real Estate www.markspain.com
Real Estate is beginning to gain ground against the worst recession in recent history. More economic indicators point to a recovery. The Federal Reserve says household net worth in the U.S. soared $2.1 trillion during the last three months of 2010.
Call Mark Spain Today 770-886-9000
Posted by The Mark Spain Team at 2:33 AM 0 comments
Friday, March 11, 2011
Atlanta Mortgae rates www.markspain.com
30-year fixed loans: Conventional: 4.75% FHA: 4.75% Jumbo: 5.0%
15-year fixed loans: Conventional: 3.875% FHA: 4.0% Jumbo: 4.25%
5-year ARM: Conventional: 3.0% FHA: 3.25% Jumbo: 3.375%
Call Mark Spain Today 770-886-9000
Posted by The Mark Spain Team at 3:58 AM 0 comments
Wednesday, March 9, 2011
Atlanta Georgia Home Mortgage rates www.markspain.com
30-year fixed loans: Conventional: 4.75% FHA: 4.75% Jumbo: 5.0%
15-year fixed loans: Conventional: 3.875% FHA: 4.0% Jumbo: 4.25%
5-year ARM: Conventional: 3.0% FHA: 3.625% Jumbo: 3.375%
Call Mark Spain Today for more information 770-886-9000
Posted by The Mark Spain Team at 3:38 AM 0 comments
Tuesday, March 8, 2011
Atlanta Real Estate Home Values www.markspain.com
Research Firm Says U.S. Housing Has Never Been This Undervalued
The continuing depreciation of residential property values at the end of last year has made housing look more undervalued relative to income than ever before, according to analysts at the research firm Capital Economics. Like to know the value of your present home?
Call Mark Spain 770-886-9000
Posted by The Mark Spain Team at 5:28 AM 0 comments
Friday, March 4, 2011
Atlanta Mortgage Rates: www.markspain.com
Weekend Rates:
30-year fixed loans: Conventional: 4.75% FHA: 4.75% Jumbo: 5.0%
15-year fixed loans: Conventional: 3.875% FHA: 4.0% Jumbo: 4.25%
5-year ARM: Conventional: 3.0% FHA: 3.25% Jumbo: 3.375%
Call Mark Spain Today 770-886-9000
Posted by The Mark Spain Team at 3:18 AM 0 comments
Thursday, March 3, 2011
This is an Amen Article!
n a speech given Tuesday before the House Committee on Financial Services, Treasury Secretary Timothy Geithner said the government played a role in bringing down the housing market.
Geithner also blamed the government for creating moral hazard and leaving taxpayers responsible for cleaning up the mess.
Posted by The Mark Spain Team at 10:16 AM 0 comments
Wednesday, March 2, 2011
Atlanta Georgia Mortgage Rates www.markspain.com
30-year fixed loans: Conventional: 4.75% FHA: 4.75% Jumbo: 5.0%
15-year fixed loans: Conventional: 3.875% FHA: 4.0% Jumbo: 4.25%
5-year ARM: Conventional: 3.0% FHA: 3.25% Jumbo: 3.375%
Call Mark Spain Today for more infromation 770-886-9000
Posted by The Mark Spain Team at 3:43 AM 0 comments
Atlanta Real Estate Sales http://ping.fm/6RnJN
Class of 2000, where are they now?
A recent article about Real Estate Top 100, class of 20000, where are they now, features Mark Spain as one who has continued to succeed even in a bad Real Estate Market. Click here to read the article
http://ping.fm/OamcI
Posted by The Mark Spain Team at 1:13 AM 0 comments
Tuesday, March 1, 2011
Atlanta Short Sales: www.greateratlantaforeclosurehelp.com
Most Short Sale Transactions Taking Four or More Months to Complete
Despite new rules for short sales under the government's Home Affordable Foreclosure Alternatives (HAFA) program which went into effect on February 1, agents responding to a survey said short sale transactions are taking too long.
Facing Foreclosure? Call Mark Spain Today 770-886-9000
Posted by The Mark Spain Team at 6:35 AM 0 comments
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