Bozeman Real Estate

FHA-Backed Loans Make Sense; It’s Congress’ Whims that are NonsensicalDoes your credit score fall below the 640 to 650 range? If so, good luck getting a home mortgage or refinance through traditional lending channels. Since the housing market crashed in 2008, lenders have tightened their belts and turned away borrowers who have ...

Testimony in a New Jersey foreclosure case decided last week may spell big trouble for Bank of America (BAC). If what one bank employee said on the stand proves to be accurate, paperwork problems it acquired when it purchased the failing mortgage provider Countrywide in 2008 could leave BofA on the hook for billions of dollars. Linda DiMartini, a ...

More Than One In Three Say It's Okay To Walk Away From Mortgageby Broderick PerkinsThe majority of Americans, say it's "unacceptable" for homeowners to stop making their mortgage payments and abandon their homes, but more than a third, 36 percent, say "walking away" is okay.A Pew Research Center study found ...

Pet Odor Can Chase Away Buyers Don’t let pet odors derail your home sale. Read Dos and Don’ts of Homebuyer Incentives Homebuyer incentives can be smart marketing or a waste of money. Find out when and how to use them. Read What Affects Credit Scores? 7 Misconceptions If you’re trying to raise your credit score to get a good rate ...

As new products come on the market, they are not automatically as consumer-friendly as they are portrayed. Some are created to fall under categories not covered by existing consumer protection. They're still legal, but the differences are not necessarily readily apparent to consumers. Can you see what you might misunderstand? For ...

Mortgage Rates Amazingly Low, Continue to Fall by Ed Ferrara30-year fixed mortgage rates are now at 4% for well-qualified borrowers who pay .07 to 1 point origination shows FreeRateUpdate.com research of wholesale lenders' interest rate sheets. 15-year fixed mortgage rates are at 3.5%. Both fixed mortgage rates, which continue to decline, are ...

Taxpayers Seeking Homebuyer Tax Credits, Refunds Must File Paper  Homeowners filing for the home buyer tax credit are not allowed to use electronic filing and must file hard copies due to special documentation requirements. Earlier this year, the Internal Revenue Service (IRS) deployed new home buyer tax credit forms and instructions ...

The Offer: There's More to It Than Just The Price  Fixating on price in real estate may cost you the deal:  Sellers who decide that a specific dollar figure will buy their home and won't budge from that bottom line may sell themselves short.  Buyers who drop out of a transaction for a property they love because the ...

A new survey reveals that savvy consumers cashing in on the new and improved homebuyer tax credit are helping fuel economic recovery. The vast majority of current homeowners say they would spend the expanded version of the homebuyer tax credit on repaying existing debts, home improvements, savings and investments and household expenses, ...

NEWS FLASHNOW ONLY $315,000Substantial Price Reduction74 E Alexa Court3 beds           3 baths           3236 sq ft            13,600 sq ft yardGorgeous new home in Elk Grove! Two ...