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    FHFA Monthly House Price Index

    By Brandon Brittingham | October 27, 2009

    From the Federal Housing Finance Agency website: WASHINGTON, DC – U.S. home prices fell 0.3 percent on a seasonally-adjusted basisfrom July to August, according to the Federal Housing Finance Agency’s monthly HousePrice Index. The previously reported 0.3 percent increase in July was unrevised. For the 12 months ending in August, U.S. prices fell 3.6 percent.... Read More

    Ideal market for new investors

    By Brandon Brittingham | October 14, 2009

    In the current market, investment properties are a better option than ever. Courtesy of Reuters News Service: U.S. property investors these days are smaller and say they are more willing to wait it out — a stark contrast from the fervent flipping and reckless borrowing that characterized housing investment a few years ago. Wall Street... Read More

    Loss Mitigation Direct Contacts

    By Brandon Brittingham | September 21, 2009

    I’ve compiled a list of loss mitigation phone numbers. You can get bounced around quite a bit when calling in dealing with short sales. Use this list of direct contacts to save you time and effort! Lender/Servicer Loss Mitigation Phone Numbers & Contact Information ABM AMRO Mortgage (800) 783-8900Web: Accredited Home Lenders(877) 683-4466 AMC... Read More

    Short Sale 101

    By Brandon Brittingham | August 21, 2009

    What is a short sale? It’s likely you’ve heard the term “short sale” thrown around quite a bit. But what, exactly, is a short sale? A short sale is when a bank agrees to accept less than the total amount owed on a mortgage to avoid having to foreclose on the property. This is not... Read More

    Team Bio: Marshall Moore

    By Brandon Brittingham | August 21, 2009

    Marshall Moore is an Eastern shore native and has been a real estate investor in this community for over 30 years. Marshall and his father have built over 500 homes all over the Eastern Shore and Marshall has always been motivated to help improve his local community. He has extensive education and experience in short... Read More

    HUD Short Sale Guidelines

    By Brandon Brittingham | August 12, 2009

    Here’s some information everyone should know about HUD-backed mortgages for short sales: HUD requires a 6% commission on all short sales which is clearly defined on their website. They also spell out their guidelines for offers to pay off junior lien holders, which I think most people are unaware of. Freddie just changed their guidelines... Read More

    New Rules Give Buyers More Protection at Closing

    By Brandon Brittingham | August 10, 2009

    All real estate agents should be aware of a set of new Federal consumer protection rules which went into effect July 30th. Keeping clients up-to-date with the latest, best information is key to closing successful transactions, and keeping happy clients. Kenneth R. Harney wrote a really thorough article which lays out all of the rules.... Read More

    HUD Information

    By Brandon Brittingham | August 10, 2009

    The HUD website is an invaluable source of information. For example, HUD requires a 6% commission on all short sales. Their website also spells out the guidelines for money to pay off junior lien holders; something I think most people are unaware of. Freddie just changed their guidelines in the last thirty days, and I... Read More

    Short Sales!!!

    By Brandon Brittingham | August 7, 2009

    Agents, investors, consumers – there are answers to the problems you may be facing with short sale – you just need the right ones. There is alot of misleading information out there on the internet about short sales, but I’m here to tell you in any short sale you can have a positive outcome. I... Read More

    Salisbury foreclosure rates rise

    By Brandon Brittingham | August 3, 2009

    The Daily Times reports that foreclosure rates in Salisbury are up over this time last year: Foreclosure rates in Salisbury have increased for the month of June over the same period last year, according to First American CoreLogic, a collector of real estate and mortgage data. First American Core-Logic reports that the rate of Salisbury-area... Read More

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Our agents write often to give you the latest insights on owning a home or property in the local area.