"Beth Mann is amazing! She was the attorney for the sale of our Orland property. She communicated every essential detail throughout the process & was a pleasure to work with!! THANK YOU BETH!!!!😀" -K.C.
Tag: illinois real estate attorney
New Five Star Client Review!
"Beth has been an incredible attorney who managed to save us from going down rabbit holes. We approached Beth less than a week prior to closing on the sale. She managed to take over the closing from another attorney and sort out all the necessary documents within a single day. This helped us resolve several … Continue reading New Five Star Client Review!
New Five Star Review!
"Beth and her team have worked with my wife and I on two closings. They are incredibly efficient, well organized and responsive. Use this firm for quality and affordable legal work!" Check out more reviews on our website, and Google!
Mortgage Pre-Qualification vs. Pre-Approval- brief explainer
Mortgage Pre-Qualification vs. Pre-Approval- brief explainer What is a Pre-qualification: an estimate of your purchasing budget. Brief process assessing your budget after a soft-credit pull. What is a Pre-approval: a more detailed review of your finances; including a hard credit pull, and documentation of your income and assets. This process can take up to a … Continue reading Mortgage Pre-Qualification vs. Pre-Approval- brief explainer
News from HUD: Reduction in annual mortgage insurance premium
The Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), announced a 30-basis point reduction to the annual mortgage insurance premiums (annual MIP) charged to homebuyers who obtain an FHA-insured mortgage. The premium will be reduced from 0.85% to 0.55% for most homebuyers seeking an FHA-insured mortgage, which could mean an … Continue reading News from HUD: Reduction in annual mortgage insurance premium
Here are the top 10 rental markets for real estate investors: Texas dominates
While the inventory of foreclosed homes is quickly shrinking, there are still plenty of opportunities to invest in real estate. “For the last few years, investors have been able to find real estate bargains they could turn into rental properties. That period is pretty much over - the inventory of foreclosed homes has been picked … Continue reading Here are the top 10 rental markets for real estate investors: Texas dominates
Completed Foreclosures Decline But Remain At Double Pre-Recession Levels
While completed foreclosures on residential homes totaled 40,000 for April and have been steadily falling monthly for the last four years, they are still nearly double their pre-recession average per month, according to CoreLogic's April 2015 National Foreclosure Report released Tuesday. Completed foreclosures, which are a measure of homes actually lost to foreclosure, declined by … Continue reading Completed Foreclosures Decline But Remain At Double Pre-Recession Levels
January existing home sales come in flat compared to December
2015 sales expected to pick up where 2014 left off By: Trey Garrison, Housingwire.com Auction.com projects that existing home sales for January will fall between seasonally adjusted annual rates 4.9-5.21 million annual sales, with a targeted number of 5.06 million. This suggests that January sales will be up from one year ago and essentially flat … Continue reading January existing home sales come in flat compared to December
Foreclosures Falling, But Delinquency Rate Climbing
The nation's foreclosure inventory fell to its lowest level in almost seven years in November, but the percentage of delinquent mortgage loans is on the rise, according to Black Knight Financial Services' November 2014 "First Look" at Mortgage Data. Delinquent mortgages, which are those more than 30 days overdue but not in foreclosure, jumped by … Continue reading Foreclosures Falling, But Delinquency Rate Climbing
Freddie Mac’s Mortgage Portfolio Expands For Third Straight Month
November marked another month of expansion for Freddie Mac's mortgage portfolio, which grew again as new business ticked up. According to Freddie Mac's monthly volume summary, released Monday, the company's total portfolio ended November at an estimated $1.9 trillion, up an annualized 0.4 percent. Year-to-date, the portfolio's growth rate is an average -0.7 percent, the … Continue reading Freddie Mac’s Mortgage Portfolio Expands For Third Straight Month