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Jennifer Griner's Blog – June 2010 Archive (21)

Hump Wednesday Funnies

Frank and Ernest cartoon about real estate

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Added by Jennifer Griner on June 30, 2010 at 10:38am — No Comments

Is Now a Good Time to Refinance?

house and piggy bank refinance your mortgage

Recently, the mortgage rates have been the lowest since the mid-1950s. Does this mean that it’s a good time to refinance your home loan?

That depends mainly on what rate you have now—and whether you’re planning to move anytime soon. Experts advise weighing your options carefully.

Mortgage rates fell this week to their lowest point on records that mortgage company Freddie Mac has kept since 1971. The average for a 30-year… Continue

Added by Jennifer Griner on June 29, 2010 at 10:49am — No Comments

A Morning Cup of Inspiration (June 25, 2010)

When one door of happiness closes, another opens, but often we look so long at the closed door that we do not see the one that has been opened for us.

- Helen Keller…

Helen Keller

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Added by Jennifer Griner on June 25, 2010 at 9:27am — No Comments

New Policy: Fannie Mae will Penalize Borrowers who Walk Away

Seven-Year Lockout Policy for Strategic Defaulter

Fannie Mae announced today policy changes designed to encourage borrowers to work with their servicers and pursue alternatives to foreclosure. Defaulting borrowers who walk-away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new Fannie Mae-backed mortgage loan for a period of seven years from the date of foreclosure. Borrowers who… Continue

Added by Jennifer Griner on June 24, 2010 at 9:38am — No Comments

Hump Wednesday Funnies

Share the wealth:

Stay Informed. Stay Connected.…

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Added by Jennifer Griner on June 23, 2010 at 10:23am — No Comments

What to Look For in a Home Warranty

What is a home warranty?

A home warranty is a residential service contract giving the homeowner repair and replacement coverage for major operating systems and appliances in a home. These repairs must be due to wear and tear, and not negligence or damage.

How can you benefit from a… Continue

Added by Jennifer Griner on June 22, 2010 at 10:33am — No Comments

Remodel your Bathroom the Green Way

If you want to make sure your bathroom remodeling project is as green as possible, here’s how to save energy, conserve resources, and protect your budget.

It’s all about the water

Thinking about greening your bathroom means considering how you use water in terms of consumption and energy. According to the American Water Works Association,… Continue

Added by Jennifer Griner on June 21, 2010 at 9:36am — No Comments

A Morning Cup of Inspiration (June 18, 2010)

" Create a definite plan for carrying out your desire, and begin at once, whether you're ready or not, to put it into action."

— Napoleon Hill: An American…

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Added by Jennifer Griner on June 18, 2010 at 9:31am — No Comments

ATTN: Entrepreneurs / Business Minds! The greatest wealth factor is...

tired businesswoman tired business man

There is nothing more pitiful than a ready and willing mind but an incapable body.

There is a well-known quote from the philosopher Virgil that says, “The greatest wealth is health.” I also believe that health is the beginning of wealth. In other words, your health will help you create wealth.

If you are in the business of… Continue

Added by Jennifer Griner on June 17, 2010 at 9:06am — No Comments

Hump Wednesday Funnies

Click on the comic above to enlarge.

Smile! Laugh! It will keep you going for the rest of the week!

Check out the Backyard Wealth Funnies… Continue

Added by Jennifer Griner on June 16, 2010 at 8:42am — No Comments

Hump Wednesday Funnies

Click on the comic above to enlarge.

Smile! Laugh! It will keep you going for the rest of the week!

Check out the Backyard Wealth Funnies… Continue

Added by Jennifer Griner on June 16, 2010 at 8:41am — No Comments

Support for Renters in a Foreclosing Home

Renters in Fannie Mae-owned properties may be able to stay in their homes

Fannie Mae Tenant-in-Place Rental Policy

To help minimize disruption, eligible renters who want to stay in a home that has been foreclosed can sign a month-to-month lease if the property is owned by Fannie Mae. The policy, which applies to properties owned by Fannie Mae, will help bring stability to… Continue

Added by Jennifer Griner on June 15, 2010 at 9:11am — No Comments

Home Buyers Tax Credit - Closing Date to be Extended

People hoping to take advantage of the first-time home buyer tax credit would have an extra three months to close their home purchases and still qualify, under a measure introduced in the U.S. Senate Thursday.

To be eligible for the current tax credit, home buyers must have a valid contract by April 30, 2010 and close the transaction by June 30, 2010. The Senate measure would allow home buyers until the end of September to… Continue

Added by Jennifer Griner on June 14, 2010 at 8:47am — No Comments

A Morning Cup of Inspiration (June 11, 2010)

Adversity isn't set against you to fail; adversity is a way to build your character so that you can succeed over and over again through perseverance.

- Byron Pulsifer …

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Added by Jennifer Griner on June 11, 2010 at 8:47am — No Comments

Adjustable-Rate Mortgages: Do they make sense today?

Adjustable-rate mortgages (ARMs) get bad press. The poster child for irresponsible borrowing, they’re the mortgage industry’s bad boys. But ARMs can be excellent loans for thrifty borrowers.

Here is a quick recap on how ARMs work:

An ARM begins with a low introductory rate that remains fixed for a specified period. Upon expiration, the interest rate… Continue

Added by Jennifer Griner on June 10, 2010 at 9:57am — No Comments

Hump Wednesday Funnies

Share the wealth:

Stay Informed. Stay Connected.…

Continue

Added by Jennifer Griner on June 9, 2010 at 9:38am — No Comments

Help for Home Buyers

When it comes time to buy a home, you may need to strap on your thinking cap to come up with some creative ways to boost affordability. This can come in the form of assistance programs, special financing, leasing, and mortgage ideas.

Let's take a moment to explore a few of these options:

Look Within Your Circle:

The first order of business could be to sit down with your family to see what assistance they'd… Continue

Added by Jennifer Griner on June 8, 2010 at 9:46am — No Comments

Renting Out Your House - Is it worth the cost?

Renting can be a profitable choice, but it requires an investment of time, money, and organization to make it work.

Here’s how to determine whether renting out your house is worth the cost.

Calculate your monthly expenses

You want to charge at least enough to cover your monthly outlay. So the first step is to use… Continue

Added by Jennifer Griner on June 7, 2010 at 9:12am — No Comments

Should you Sell or Remodel - Which makes more sense for you?

What do you do when your family outgrows your house, or when the quirks you once found charming about the place just aren’t livable anymore?

In this marketplace, with home equity shrinking and banks reluctant to lend, is it smarter to move or improve?

Here’s some advice to help you decide.