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Bank of America streamlining short-sale procedures

Decisions on offers may be trimmed to 20 days or less Bank of America says it’s making changes to its short-sale procedures that will shorten decision times on short sale offers to 20 days, down from 45 days or longer.

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Posted in Banking, In the News, Real Estate, Short sales

6 Good Reasons to Buy a Jersey Shore Home Now

6 Good Reasons to Buy a Home Now Houses are more affordable than they’ve been in a decade. By Pat Mertz Esswein, Associate Editor From Kiplinger’s Personal Finance magazine, October 2011 1. Prices have nearly hit bottom. In most areas,

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Posted in Atlantic City, Avalon, Banking, condos for sale, In the News, Investing, Jersey Shore, Local Posts, Market Conditions, Mortgage, Ocean City, Property Transfers, Real Estate, Sea Isle City, Shore Lifestyles, Short sales, Stone Harbor

Short Sale letter from Bank of America

Here is an email we just recieved from Bank of America. For short sales with Bank of America in the state of Florida, they are now offering up to $20,000 for sellers to participate in a short sale in many

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Posted in Avalon, Banking, In the News, Investing, Jersey Shore, Legal Issues, Market Conditions, Property Transfers, Real Estate, Sea Isle City, Short sales, Stone Harbor

REALTORS® Call for Increased Lending, Pre-Foreclosure Efforts to Reduce High Inventories

Washington, DC, September 20, 2011 Increased lending to creditworthy home buyers and more loan modifications and short sales are necessary to reduce the rising inventory of foreclosed homes and help stabilize and revitalize the housing industry and economy, according to

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Posted in Banking, In the News, Investing, Legal Issues, Market Conditions, Mortgage, Real Estate

August Existing-Home Sales Rise Despite Headwinds, Up Strongly from a Year Ago

For more information, contact: Walter Molony 202/383-1177 Washington, DC, September 21, 2011 Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by Hurricane Irene, according to the National Association of Realtors®.

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Posted in Atlantic City, Banking, condos for sale, In the News, Investing, Market Conditions, Property Transfers, Real Estate, Sea Isle City

Low Mortgage Rates from Cape Bank

CAPE BANK MORTGAGE RATES Gina Tubertini Loefflad Vice-President, Residential Loan Officer CELL: 609-675-8375 EMAIL: gtubertini@capebanknj.com NMLS# 454137 (800) 858-2265 Ext 2511 Rates as of: Wednesday, September 21, 2011 Financing Options Rate Points APR 30 Yr Fixed Conformining 3.88% 0 3.90%

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Posted in Banking, In the News, Mortgage, Real Estate, Sea Isle City

Is this a good time to invest in a Jersey Shore beach home?

This blog post for September 10, 2011 was to a question posed to me the other day asking is this a good time to buy a shore property? Let’s start out with some background by saying I worked with my

Posted in Atlantic City, Avalon, Banking, Cape May, condos for sale, In the News, Insurance Issues, Investing, Legal Issues, Longport, Margate, Market Conditions, Mortgage, Ocean City, Real Estate, Sea Isle City, Shore Lifestyles, Stone Harbor, Strathmere, Tax Issues, Townhouse for Sale, Ventnor, Wildwoods

Jersey Shore Current Mortgage Rates

So you said “can interest rates get any lower?” Hear you so how the rates are at 50 year lows. Today September 8, 2011, I received these mortgage rates from Gina at Cape Bank.  Now is the time to buy a house

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Posted in Banking, condos for sale, Investing, Market Conditions, Mortgage, Real Estate, Shore Lifestyles

Best Time to Buy AND Best Time to Sell?

by The KCM Crew on October 26, 2010 Re-blogged after reading this post. Much easier to understand than most. IML If you know a great real estate professional, you might be questioning them right now. They may tell a friend

Posted in Banking, In the News, Investing, Market Conditions, Mortgage, Real Estate

CitiMortgage offers option for N.J. homeowners in default

By Sean Sposito/The Star-Ledger February 11, 2010, 4:00AM AP PHOTO The fourth-largest mortgage servicer in the country is offering homeowners in New Jersey who are 90-days late on their payments a chance to walk away with cash. CitiMortgage, a unit

Posted in Banking, In the News, Short sales
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Ian Lazarus

The Lazarus Team
The Landis Co., Realtors
6000 Landis Avenue
Sea Isle City Nj, 08243
609-457-0258

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