FOR SALE BY OWNER CHECKLIST QUESTIONNAIRE
By Jonathan Blackwell
http://ascenthomeloans.com
1. Do you have experience in writing a purchase contract on a residential mortgage sale?
2. Have you selected an escrow company, title company or attorney to serve as the 3rd neutral party in your transaction?
3. Have you considered what time contingencies you will provide the potential buyer for:
                        a. Loan Approval
                        b. Home Inspection
                        c. Termite Inspection
4. Do you have a system in place to ensure that you are entertaining offers only from Read more

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The Bush administration has come up with a plan to help strapped homeowners facing a daunting jump in their monthly mortgage payments who could potentially face home foreclosures in next few years.The proposal, reached in negotiations led by Treasury Secretary Henry Paulson with the mortgage industry, would freeze introductory "teaser" rates on subprime mortgages, preventing them from resetting to higher rates for five years. For the news about this, click here:

But, how many home foreclosures can be stopped? Let's look at what is in the plan. Read more

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