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We all love our laptops,smart phones,iPads,and all the other little electronic gadgets that make our lives so much easier. But are they safe? What are you telling the world about your life? Stalking. We all know what it is and why it happens. But,how it happens is changing. In the [...] Home prices fell year over year in all 28 major metro areas [including the Nashville SMSA] covered by the Wall Street Journal’s survey of housing-market conditions for the 2010 fourth quarter,due to weak demand and tight credit. Zillow.com says Miami,Orlando,Atlanta,Chicago,and other cities hit hard by the slump saw the most [...] HOT LINE:More on Seller/Owner Financing… QUESTION:With regard to owner financing –I have an agent scheduled to close on a transaction. What are the regulations with regard to owner financed transactions as they pertain to a real estate agent/firm? ANSWER:Currently,owner financing is regulated by both state [...] Permalink Tennessee Joins National Foreclosure Investigation Tennessee Attorney General Bob Cooper has joined a group of Attorneys General and state bank and mortgage regulators who are examining mortgage foreclosure problems. [Editor's Note:At this point investigations have been officially opened in all 50 states!] Although Tennessee is a non-judicial foreclosure state,[...] Permalink Rates At Record Low Levels Average interest on 30-year fixed mortgages fell this past week to 4.32 percent,matching the lowest level on record. Interest on 15-year loans,meanwhile,declined to 3.75 percent,also setting an all-time low. Investors have been flocking to the safety of Treasury bonds since the spring,which has [...] Permalink Hosting Open House For Agent in Different Firm? QUESTION:Can an agent host an open house for an agent from another agency? ANSWER:We would not recommend it for several reasons. First,if you do open houses for agents with other firms,you could be violating several provisions of the Broker’s [...] Permalink HOT LINE ADVISORY:Follow-Up on Seller Financing TAR continues to investigate issues surrounding seller financing under the federal SAFE Act and the Tennessee Residential Lending,Brokerage and Servicing Act. Our legal counsel has been in touch with NAR’s legal counsel,the lobbyists for NAR,and the Tennessee Department for Financial Institutions seeking clarification [...] QUESTION:What is the proper,legal way for a seller and an agent to offer a buyer incentive on the purchase of property? ANSWER:We cannot advise you as to whether the seller is permitted to make this offer to potential buyers. The seller may want to check with his/her own attorney as [...] Testing the postie process The national average 30-year fixed-rate mortgage rose 3 basis points this past week,to 4.95 percent with an average total of 0.45 discount and origination points,according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. One year ago,the 30-year mortgage index was 5.65 percent. [...] |
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| CENTURY 21 Mid-State Realty L.L.C. 50 West College Street,Monteagle,TN 37356 Phone:(931) 924-2101 or (931) 967-4321 33 queries. 0.494 seconds. | ||||||
