February 18th, 2009
Three documents were released by the White House regarding the new “foreclosure plan” President Obama unveiled earlier today.
Technically the name is the Homeowner Affordability and Stability Plan. The first document is a detailed summary of the provisions outlined by the administration today. The second document describes how the plan will [...]
Archive for the ‘News’ Category
White House Releases New “Foreclosure Plan”
February 19th, 2009 
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New Fannie Mae Guidelines Encourage Short Sales
December 5th, 2008 admin From the Wisconsin Realtor’s Association (WRA) – Legal Hottips December 1, 2008:
Fannie Mae recently released updated underwriting guidelines for new mortgage loans that directly address individuals with various types of foreclosure history. Potential borrowers with:
a Foreclosure on their credit record must wait 5 years to be considered for new funding, and are [...]
The Stock Market is Not the Housing Market
November 20th, 2008 admin
We think that RealtyTimes.com is a great source of information that helps us keep up to date on real estate news in these troubled times. On November 18th Realty Times published an article entitled, “Real Estate Outlook: Housing in Recovery” by Kenneth R. Harney. Here is the conclusion of this interesting article:
The stock market [...]
It Is A Great Time To Move Up!
September 25th, 2008 admin The following article is reprinted for a GMAR email newsletter dated September 25th -
It is a great time to consider moving-up for current homeowners who feel they need more space or more amenities. Current market conditions are working in favor of sellers who need a larger home or who want to [...]
Fed Issues Rules to Prevent Abusive Lending
July 25th, 2008 admin The Greater Milwaukee Association of Realtors sent us a special announcement this past Wednesday, July 23rd. We thought we’d pass it on -
The Federal Reserve adopted rules last week to prevent unfair or deceptive practices by lenders and to protect home buyers from the kind of loans that drove many into foreclosure. The [...]
There is No National Real Estate Market
July 14th, 2008 admin Highlights from a July 14, 2008 article in Realty Times – “Washington Report: Foreclosure Facts of LIfe?” by Kenneth R. Harney
The article is an overview of a recent speech by Treasury Secretary Henry Paulson given to an FDIC housing conference. Labeled as, ” blunt, tough love comments about the home foreclosure crisis and the [...]
Selling or Buying Agricultural Land? What You Need to Know -
July 10th, 2008 admin Wisconsin’s Use Value of Land
The Wisconsin Court of Appeals recently issued an unpublished opinion in Thomas v. Pringle (Case No. 2006AP697) that could impact anyone involved in the sale or development of agricultural land. The key issue in this case was whether a seller/developer has a duty to disclose a “potential” real estate tax penalty [...]
Our Local Market is Better Than Most People Think!
June 29th, 2008 admin In a press release earlier this year the Wisconsin Realtors Association (WRA) said that this real estate market is full of opportunities. We couldn’t agree more! Despite high inventories, record high foreclosures and sellers having difficulties finding buyers, this market is presenting amazing opportunities at the same time!
We get blasted with national bad [...]
