Campbell Realty

The recent announcement by the Debt Commission that they are recommending the end of the Mortgage Interest Deduction has caused a great deal of upset around the country.  Those who have recently purchased a home feel cheated, mortgage lenders are concerned about their ongoing business, and real estate agents and brokers around the country are ...

Have you heard the word lately that it's a buyer's market?  Don't believe it.  The market today is driven by lenders.  Lenders who own real estate, acting as sellers.  These homes would be the REO's, or foreclosures on the market today.  Lenders who must approve short sales.  These are the properties ...

I spent quite a while on the phone today with Bank of America, and their HAFA servicer, LRC.  It seems no one will take responsibility for the fact that Fannie Mae loans are now eligible for the HAFA program.  LRC (Loss Resolution Corporation) insists they DO NOT service any government loans in the HAFA program.  Strange, but Bank ...

So you keep thinking about buying a house, but the prices keep dropping, the mortgage rates seem stable, and you just keep on waiting.  Buying a home is usually one of the biggest financial decisions we make in our adult life, and knowing when to "take the plunge" is not easy.  So how do you know the time is now?  Do you ...