Hendersonville Tennessee Real Estate

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• New Nevada Laws Afford Distressed Homeowners Key Protections - Should Tennessee Follow?

  The 2011 Nevada legislative session yielded three new laws that afford homeowners additional protections. One has to wonder if Tennessee should follow suit. Nevada Senate Bill 414: Prohibits banks from unreasonably delaying a short sale. Also prevents Read More... Posted Monday, August 01, 2011 11:59 AM by Jenny Markham | 0 Comments Filed under: Market Conditions, Industry, Finances, Buyer Information, Seller Information

• Debit Card Scam Alert -- Phone Calls Target Victims

  Wells Fargo has warned customers of new scam, urges its customers to be skeptical of phone calls. Bank spokesman Mark Chapman said he became aware of the scam July 20 after one customer had apparently fallen victim. He said the scammers are leaving an Read More... Posted Monday, August 01, 2011 11:55 AM by Jenny Markham | 0 Comments Filed under: Technology, Finances

• Major Bailout in the Works?

  A rumor was afloat yes­terday regarding a major bailout in the works from the government for the amount that homeowners are “upside down” on their loan balance, rela­tive to their home value. The rumor gained so much attention that Read More... Posted Friday, August 06, 2010 4:58 PM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Finances, Buyer Information, Seller Information

• Rural Housing Funding Restored

  The long anticipated restoration of the Section 502 single-family rural housing program is headed to President Obama's desk for signature into law. NAR has been working on restoring funding since March. Although the legislation increases the guarantee Read More... Posted Thursday, July 29, 2010 10:53 AM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Finances, Buyer Information, Seller Information

• Homebuyer Tax Credit Closing Deadline Extended!

  Good news! After a close brush with the deadline, Congress has passed an extension of the Homebuyer Tax Credit closing deadline , the Homebuyer Assistance and Improvement Act (H.R. 5623). The extension applies only to transactions that have ratified contracts Read More... Posted Thursday, July 01, 2010 8:41 AM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Industry, Finances, Buyer Information, Seller Information

• Rates Remain VERY Low

  Last week, Bankrate.com reported very favorable rates, with the 30-year fixed remaining unchanged from the previous week's record low. The benchmark 30-year fixed-rate mortgage remained 4.88 percent last week, according to the Bankrate.com national Read More... Posted Monday, June 21, 2010 3:20 PM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Finances, Buyer Information, Seller Information

• OPERATION STOLEN DREAMS Hundreds Arrested in Mortgage Fraud Sweep

  “From home buyers to lenders, mortgage fraud has had a resounding impact on the nation’s economy,” Mueller added. “Those who prey on the housing market should know that hundreds of FBI agents on task forces and their law enforcement Read More... Posted Monday, June 21, 2010 3:13 PM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, Buyer Information, Seller Information, Community Information

• Unforeseen Risk: Lawsuits from Lenders

  Affordable TREC Education, Sunday, June 13, 2010 4:31 PM Before Larry Thomas unloaded his Pompano Beach, Fla., home last fall for a fraction of what he paid, he cut a deal that will keep him from worrying about a huge debt hanging over his head. Thomas Read More... Posted Monday, June 14, 2010 10:09 AM by Jenny Markham | 0 Comments Filed under: Market Conditions, Industry, Finances, Buyer Information, Seller Information

• Proposal to Extend Tax-Credit Closings

  Three Senators introduced a measure to extend the present home buyer tax credit closing deadline from June 30 to Sept. 30. They are Senate Majority Leader Harry Reid, D-Nev., and Sens. Johnny Isakson, R-Ga., and Chris Dodd, D-Conn. This amendment does Read More... Posted Saturday, June 12, 2010 10:36 AM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, Buyer Information, Seller Information

• Rates Remain Near Record Lows

  The national average 30-year fixed-rate mortgage rose 3 basis points this past week, to 4.95 percent with an average total of 0.45 discount and origination points, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth Read More... Posted Tuesday, June 08, 2010 12:12 PM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Finances, Buyer Information, Seller Information

• Realtors® Help Counsel Distressed Sellers Through Short Sale Process

  Washington, May 13, 2010 Despite guidelines from the federal government to streamline short sales and improved fraud prevention, home sellers experiencing financial distress continue to be discouraged with the often confusing short sale process. Realtors® Read More... Posted Saturday, June 05, 2010 11:24 AM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Finances, Buyer Information, Seller Information

• 15-Year Mortgage Hits a Record Low

  Daily Real Estate News June 4, 2010 Interest on 30-year fixed home loans averaged 4.79 percent this week -- up slightly from 4.78 percent a week ago but still near historic lows. The average rate on 15-year fixed loans hit a record low of 4.2 percent, Read More... Posted Saturday, June 05, 2010 11:17 AM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, Buyer Information, Seller Information

• Rates Hit Another Record Low

  The average 30-year fixed-rate mortgage slid 4 basis points, to 4.92 percent . A basis point is one-hundredth of a percentage point. The new rate is the lowest in the nearly 25-year history of the weekly Bankrate survey, eclipsing the previous record Read More... Posted Wednesday, June 02, 2010 4:28 PM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, Buyer Information, Seller Information

• Rebates for Appliance Buyers in 2010

  The 2010 plan to encourage energy efficiency is the government rebate for appliance buyers. The plan lets people swap their old appliances for new energy-efficient models at very low prices. Here are some things to keep in mind: · State plans vary Read More... Posted Thursday, January 07, 2010 2:49 PM by Jenny Markham | 0 Comments Filed under: Real Estate, Finances, Buyer Information, Seller Information

• Rates dip below 5% again!

  Feddie Mac reports a drop in the 30-year fixed mortgage rate to 4.98 PERCENT during the week ended March 19 from 5.03 percent the prior year, marking the lowest rate since 4.96 percent in mid-January. Experts say rates could fall further in response to Read More... Posted Tuesday, March 24, 2009 11:32 AM by Jenny Markham | 0 Comments Filed under: Real Estate, Market Conditions, Industry, Finances, Buyer Information, Seller Information, Community Information