March 11, 2010
- Why Rent When Home Prices Are So Low?
Why Rent When Home Prices Are So Low?
Mortgage rates are at record lows. Home prices are at record lows, and the federal government is offering tax credits for purchasing a home.
Why then should anyone rent?
Home prices and mortgage rates have dropped so much that the cost to own and maintain a house is only a [...]
March 10, 2010
- Were Your Loan Documents Forged?
Were Your Loan Documents Forged?
It is estimated that there are more than 9 million people who are in foreclosure today with the numbers of foreclosures increasing by the day. There is a silver lining for some of them. Documents pertaining to some home loans were not correct and in some instances were even forged. In [...]
March 9, 2010
- Federal Home Buying Support Still Wanted
Federal Home Buying Support Still Wanted
According to a new poll by the National Association of Home Builders (NAHB), Americans remain strongly committed to federal support for home buyers.
Roughly 68 percent of those polled said the government should continue to support housing, and 65 percent believe the government should be doing more to keep families from [...]
March 8, 2010
- Underwater on Your Mortgage?
Underwater on Your Mortgage?
The housing market is still very unstable. One month we read that home sales are strong and home prices are rising. The next month we see that sales are down. One piece of discouraging news that came out recently was that in the fourth quarter of 2009 another 600,000 homeowners found themselves [...]
March 5, 2010
- Taxes: Most Common Mistakes
Taxes: Most Common Mistakes
With tax time here again, here are some of the most common mistakes people make while doing their taxes. Avoid these to save yourself money, and a possible audit.Questions or comments? Use the comment link below to sound off. Your email address will never appear on this site along with your comments, [...]
March 4, 2010
- Passing Your Home Inspection
Passing Your Home Inspection
If you're getting ready to sell your home, do everything you can to get the house in good condition before you attempt to sell it, but don't be discouraged if the inspection report contains negative statements. Home inspectors make note of everything they see. No home is perfect.
Fix leaks and clogs before [...]
March 3, 2010
- Time Swapping Using Time Banks
Time Swapping Using Time Banks
Exchange your time for favors from others in a virtual time bank. Here's how it works:Have questions or comments? Just click the comment link below and let us know what's on your mind. We'd love to hear from you.
March 2, 2010
- Taxes 2010: Do It Yourself, or Hire a Pro?
Taxes 2010: Do It Yourself, or Hire a Pro?
Is hiring a tax professional any better than doing your taxes yourself?Any questions or comments about this video? Post your comment below. Your email address, although needed in order to post, will NEVER appear on this site or shared with any third party interest. We'd love to [...]
March 1, 2010
- Real Estate News - March 2010
Real Estate News - March 2010
Our March 2010 Newsletter is now online for you…
http://kaptmortgageservices.com/our-monthly-newsletters/2010/march-2010/
February 26, 2010
- Tax Guidance for Repeat Home Buyers
Tax Guidance for Repeat Home Buyers
If you've been holding off getting involved with the new $6,500 federal tax credit for repeat home buyers, there's no more excuse for inaction. You now have all the official IRS guidance you'll need to buy a house, qualify for the credit and pocket the $6,500.
That's because the Internal Revenue [...]
February 25, 2010
- Foreclosure Activity Declines in January
Foreclosure Activity Declines in January
A total of 315,716 U.S. homes were mired in the foreclosure process in January, a 10% decline from foreclosure activity measured in December.
That number is still 15% above the level of foreclosure activity reported in January 2009. The report shows that one in every 409 U.S. housing units last month received [...]
February 24, 2010
- The Government Wants out of the Housing Market
The Government Wants out of the Housing Market
The US federal government is looking to get out of the housing market whether we are prepared for it or not. Actually, the scheduled date of the fed pull out has been narrowed down to be within a few months time.
By this happening there will be an increase [...]
February 23, 2010
- Help Arrives for Distressed Homeowners
Help Arrives for Distressed Homeowners
Help could soon arrive for homeowners who don’t have the financial resources to make their mortgage loan payments. Mortgage rates and home prices could become a distant memory, while releasing owners from any liability.
One of the nation's largest mortgage servicer providers, CitiMortgage, just launched a new program aimed at helping homeowners [...]
February 22, 2010
- A Housing Shortage on the Horizon?
A Housing Shortage on the Horizon?
The focus of the U.S. real estate market lately has been the number of foreclosures and people trying to buy cheap housing. But Brian Wesbury, chief economist at First Trust Advisors, says that if Americans don’t start focusing on building new houses, the market will have a much bigger problem [...]
February 19, 2010
- Renovations: What Not to Do in Your Kitchen
Renovations: What Not to Do in Your Kitchen
If you're thinking about doing some kitchen renovations before you list your house for sale, here are three things you DON'T want to do when making changes in your kitchen…Have questions or comments? We'd love to hear from you. Just use the comment link below and let us [...]
February 18, 2010
- Tax Changes You Need to Know About
Tax Changes You Need to Know About
Before filing your taxes this year, there are some tax changes you need to know about that could affect what you owe or get backHave questions or comments? We'd love to hear from you. Just click the "comment" link below and tell us what's on your mind. Your email [...]
February 17, 2010
- 7.2 Million U.S. Homes Now Behind on Payments
7.2 Million U.S. Homes Now Behind on Payments
According to the latest January 2010 Mortgage Monitor Report by Lender Processing Services, home loan delinquency rates in the U.S. have now surpassed 10 percent. Factoring in foreclosures in process, the total non-current rate sits at 13.3 %.
When extrapolated to reflect the entire mortgage industry, this rate indicates [...]
February 16, 2010
- New Rule Affects Foreclosure Avoidance Program
New Rule Affects Foreclosure Avoidance Program
The Obama administration overhauled its struggling foreclosure avoidance program recently, saying it would require homeowners seeking to ease their mortgage terms to document their financial situation before a trial modification is granted.
Borrowers previously could have their interest rates lowered and the terms of their loans extended on a trial basis [...]
February 15, 2010
- Considerations When Planning to Refinance Your Home
Considerations When Planning to Refinance Your Home
Home refinancing is one of the popular and widespread choices among homeowners in today's real estate sector. It is an alternative that most homeowners are trying to understand and avail due to its beneficial outputs and objectives. If you are one of those who are still weighing their options [...]
February 12, 2010
- Uncle Sam Can Destroy Your Debts
Uncle Sam Can Destroy Your Debts
Just by making a few changes to your withholding allowance, you could destroy some big debt. But you have to be careful, or you could end up owing the IRS! Stacy Johnson explains…Have questions or comments? We'd love to hear from you. Use the comment link below to contact us.
