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Tag Archives: Mortgage
Foreclosure Rates Fall to 1.9% in Southeastern Wisconsin, Down Nationally
Foreclosure rates continue to decline in southeastern Wisconsin, reaching a new low of 1.93% in February for the Milwaukee region. According to CoreLogic, this is down .7 points from the same month year-over-year. This local foreclosure rate is higher than …
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My Best Advice to Home Buyers (Part 2)
A message from John Inzeo, Wisconsin Mortgage Corporation. View Part I here. We are all looking forward to spring weather, including the housing industry! 2013 is off and running at a pace that looks extremely positive for home buyers and …
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Wisconsin Mortgage Corporation is the FHA’s Number One Independent Mortgage Banker During 2011 and 2012
During the two-year period of 2011 and 2012, Wisconsin Mortgage Corporation was the number one independent mortgage banker. Overall, Wisconsin Mortgage was the third highest provider of Federal Housing Administration (FHA) loans behind US Bank and Wells Fargo. Wisconsin Mortgage …
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Shorewest Reports: US Banks Pay $8.5 Billion to End Foreclosure Reviews
The U.S. government currently mandates a case-by-case review of housing crisis foreclosures. Because of the large amounts of homes in foreclosure during the recession, it could take months or even years of waiting for courts to process the paperwork. On …
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Understanding the Real Estate Provisions in the “Fiscal Cliff” Bill
President Obama has officially signed the bill to avert the Fiscal Cliff, but many Americans are left wondering what the bill entails. Below is a one-page explanation of the Real Estate Provisions, brought to you by the National Association of REALTORS®. …
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Five Loan Worries for Buyers
While 30% of buyers today are paying cash, 70% are using a mortgage to purchase their new home. Even with a good pre approval, buyers still worry about getting to the closing table. Here are the top five worries buyers …
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Six Reasons to Use a Real Estate Professional
What impact will foreclosures have on prices? Which loan products are available? How do you convince a buyer to make an offer when everyone is telling them that they should see another 100 houses or wait until the price softens …
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When Should You Start Thinking About a Short Sale?
The thought process about completing a short sale should begin when you know you can’t make payments on your mortgage based on your financial status. Do NOT let your payment arrangement go into default status with your lender. Why is …
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Factors to Consider When Buying a Short Sale
A short sale can seem like a great deal, but you have to analyze the overall financial status of the investment. Ask many questions about the home and the current financial status associated with it. Doing your research can save …
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What is a Short Sale?
The economy has people looking for ways to save their homes. What if you can’t refinance to make lower payments or can’t sell your home in this market? DON’T go into foreclosure. Try to work with your bank to work …
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