Pending Homes Sales Rise

Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors.
The  Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, but [...]

What to do about Fannie Mae & Freddie Mac?

Once a month federal regulators release a report that tells us how things are going with foreclosures at Fannie Mae and Freddie Mac. Judging from the numbers, things are going wonderfully well and in a strange way that’s something which should concern us all.
The latest reports shows that Fannie and Freddie owned 30.5 million mortgages [...]

Refinance Activity Increases to Highest Level Since May 2009

The Mortgage Bankers Association (MBA)released its Weekly Mortgage Applications Survey for the week ending August 13, 2010.  The Market Composite Index, a measure of mortgage loan application volume, increased 13.0 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 12.4 percent compared with the previous week.
The Refinance [...]

What’s the difference between a Judicial and a Non-Judicial Foreclosure?

Essentially, there are two types of foreclosure procedures; judicial foreclosure and non-judicial foreclosure. In California, for example, non-judicial foreclosures are more common than judicial foreclosures (lawsuits in court). A non-judicial foreclosure begins with the recording of a “Notice of Default” and ends with a “Trustee’s Sale.” The Trustee’s Sale is held like a public auction. [...]

July 2010 Statistics for Naples Florida Real Estate

 
   Bartley Realty is announcing the statistics for July 2010.  Please give us a call if you have any questions.  Look at our properties at www.BartleyRealty to see all of the properties in Naples.
 
The Naples Beach area leads the way to the market recovery with strong summer sales according to a report released by the [...]

Conventional versus government mortgages

Bartley Realty Services has had this question posed by many clients lately…Here is some information.  If you have any questions, please give me a  call at 239-596-1181.
 
Home mortgages insured by the Federal Housing Administration have helped put more than 34 million Americans into their own homes since the since the 1930s. Millions more have benefited [...]

Pending Home Sales Ease in Post-Tax Credit Market

Bartley Realty Services has some news on pending home sales.  The statistics for July’s home sales will be released later this month.  If you have any questions please email me at dave@BartleyRealty.com
Pending home sales edged down with near-term sales expected to be notably lower in contrast to the spring surge when buyers rushed to take [...]

Just In…Reductions on Foreclosures!

See my new Foreclosure Reductions!
 

Thinking of Making an Offer on a Short Sale? What You Need to Know

Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? That’s true, but it pays to know a little about the seller’s situation before you make an offer.
 
If a home is being sold for below what the current seller owes on the property—and the seller [...]

State Agency Can Help Those Burdened by Foreclosure

At Bartley Realty Services we help our clients in giving them the support they need in the foreclosure process.  As we get information in, we will share it with you……..
Just in…..
A State Agency designed to help people own and keep homes will hand out almost $33 million in federal money to cover mortgages for the “hardest [...]