Forty-eight percent of homes sold in March were on the market for less than a month, according to housing data from the National Association of REALTORS®. The average for all sold properties, though, was a little higher, at 34 days. Still, that's down significantly from 47 days a year ago, according to NAR. Nondistressed homes spent a median of 32 days on the market, which is the shortest length of time since NAR began tracking such data in May 2011 reveals that the following metro areas had listings on the market the shortest amount of time in March: San Francisco-Oakland-Howard-Hayward, Calif.: 25 days Seattle-Tacoma-Bellevue, Wash.: 28 days Denver-Aurora-Lakewood, Colo.: 28 days Vallejo-Fairfield, Calif.: 31 days With strong buyer demand supporting shorter times on market, home prices are rising as well. The median existing-home price for all housing types was $236,400 in March, up 6.8 percent from a year ago. "Last month's swift price gains and the remark...
Willow Creek in Centennial is composed of four separate subdivisions. I hope you find this map useful to determine the HOA you belong to or what subdivision you would like to move to. We are your Willow Creek Mortgage and Real Estate experts; Please contact us if you have any further questions.
The latest updated on the temporary hold for HUD transactions is that all files that were currently with MCB are currently in transit to the three new asset managers (HomeTelos, Matt Martin Realty and Pemco). We are told they should all have their inventory by this coming Monday, November 8, 2010. Whether or not they will be ready to open their doors for “business” we have not yet been advised however we would imagine that they are as anxious as everyone else to get going as they have been staffed for quite some time and as we all know that requires money. For those of you who have files to that need to get to the closing table the question will be which asset manager has your file and how ready will they be to get it to the closing table?
FHA LOAN SELLER’S CHARGES (buyers getting an FHA loan) 1. Loan Payoff (per existing lender’s payoff letter) 2. Commissions (per contract) 3. Title Insurance-Owner’s Title Policy 4. Tax Certificate 5. Prior Year Taxes Due 6. Prorated Taxes for the Current Year 7. Water & Sewer Bill 8. Record Release of Existing Loan 9. Inspection Fee* 10. Loan Discount Fee* -as per contract 11. Assignment of Deed of Trust* (if applicable) 12. Document Preparation* (if applicable) 13. Tax Service Fee* 14. Real Estate Closing Fee 15. Express Mail Fees (if applicable) 16. Homeowners Dues, Fees, etc. *Amounts Determined by the New Lender Note: Buyer must pay all prepaid expenses. All other charges are negotiable if agreed to by all parties in the sales contract.
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