Debt Forgiveness and Short Sales

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Seek Professional Counseling from an Attorney and Tax Advice before doing a Short SaleThe Mortgage Forgiveness Debt Relief Act of 2007 is an option created by the government to help assist sellers when they can no longer afford to pay their mortgage. My suggestion is to educate yourself in this situation by going to the IRS…

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Foreclosure Filings Hit 4 Year Low

This information was providing from my favorite lender, Gina Starr with Rock Rock Mortgage and Lending.  I thought my readers would enjoy the statistics.  The housing recovery is on it’s way back. “RealtyTrac said in a report on Thursday, that the number of U.S. homes that received a foreclosure filing, fell to a four-year low in…

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Low Rates to Remain Through Mid-2013

The Federal Open Market Committee yesterday voted to keep the target range for the federal funds rate at zero to 1/4 percent.  The FOMC expects to maintain the ultra-low rates at least through mid-2013.  That’s good news to buyers searching for home mortgages on home for sale!

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Interest Rates are Going to Go Up…

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Now is the time to purchase!  Don’t wait… because I just did a loan for 4.5% on a small $62,500 dollar home.  Wow!  I wished I was moving so I could get in on this! The Federal Reserve purchases U.S. Treasury debt each business day.  This has kept the demand for U.S. treasuries higher than it would normally…

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New Land Listing for Sale in Goldsby, Oklahoma

Location matters when searching for the perfect spot to build your new home.  This 10 acre tract is located just 8 minutes to Norman, on a blacktop state highway, has water available at road and is in Washington School District. A perfect building location for new construction or mobile home.  No restrictions on home size or livestock. …

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Builders Lot Now Available in Purcell

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Crown Heights Addition FOR SALE, 50 X 100 tract lots available for your new construction home in the Crown Heights Addition in Purcell, Oklahoma.  Lots are located off North 9th street, which are close to the new high school.  Priced at $18,000 each, or make an offer.

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