Klor Strong Team Blog

You invest in your home to improve livability first, not value.

Wanda Klor — Thu, 17 May 2012 02:59:42 +0000

If you get more value in the process, consider it a bonus, but don’t make ROI your prime directive. Take a look at this interesting article and let me know if we can answer any questions.

http://www.inman.com/opinion/guest-perspective/2012/03/20/9-home-renovation-ideas-increase-livability

FHA to reject borrowers in minor credit disputes

Michael Strong — Tue, 15 May 2012 02:57:43 +0000

Borrowers in ongoing disputes with creditors over debts of $1,000 or more may no longer qualify for FHA-insured loans. Even borrowers with perfect credit scores can be denied over a single $1,000 problem charge.

http://money.cnn.com//2012/03/30/real_estate/FHA-loans/index.htm

Low-ball appraisal: Mortgage denied

Michael Strong — Thu, 10 May 2012 02:55:18 +0000

Even as some mortgage standards have eased, hitting a needed appraisal value is proving a frustrating blocker for buyers and sellers and those looking to refinance.
Don’t let this happen to you.

http://money.cnn.com//2012/03/30/real_estate/mortgage-denied/index.htm

Builders ready for home construction rebound

Wanda Klor — Tue, 08 May 2012 02:54:24 +0000

Home builders are getting ready for a stronger construction season, filing for the most building permits in more than three years, in another sign of recovery in the long-battered housing market.

http://money.cnn.com//2012/03/20/real_estate/housing-construction/index.htm

What the foreclosure settlement means for you

Wanda Klor — Wed, 02 May 2012 02:51:49 +0000

The $26 billion foreclosure settlement has finally been given the green light, making it possible for roughly two million of the nation’s hardest hit borrowers to see a significant reduction in their mortgage payments.

http://money.cnn.com//2012/04/09/real_estate/mortgage-settlement-faq/index.htm

The one number to watch for a housing recovery

Michael Strong — Tue, 01 May 2012 02:49:10 +0000

If you’re waiting for home prices to go up, then you’re missing signs the troubled housing market has finally turned around. Take a look at this link and let us know if you have any questions.

http://finance.fortune.cnn.com/2012/03/20/housing-recovery-prices/

Lawn & Garden Month: 5 steps to a lush, almost perfect lawn

Wanda Klor — Thu, 26 Apr 2012 02:46:09 +0000

Did you know that April is Lawn & Garden month? In honor of Lawn and Garden month, we wanted to share this article to help you prepare your lawn and garden for a beautiful spring. Feel free to share your green thumb tricks and tips here as well.

http://www.american-lawns.com/lawns/5_steps_to_a_perfect_lawn.html

Watchdog blasts housing program for ‘hardest hit’

Michael Strong — Tue, 24 Apr 2012 23:39:20 +0000

In a report recently released, the Special Inspector General for the Troubled Asset Relief Program (TARP) said that just 3% of $7.6 billion available in the Hardest Hit Housing Markets program had been tapped as of Dec. 31.

http://money.cnn.com//2012/04/12/news/economy/tarp_housing_program/index.htm

Rate on 30-year mortgage falls to 3.88 percent

Wanda Klor — Mon, 23 Apr 2012 02:39:03 +0000

The average rate on the 30-year fixed mortgage dropped near its all-time low, making home-buying and refinancing a bargain for those who can qualify.

http://money.cnn.com//2012/03/30/real_estate/FHA-loans/index.htm

More parents helping kids buy homes

Michael Strong — Wed, 18 Apr 2012 01:19:09 +0000

Hey, baby boomers! Pondering what gift to get your kid who’s all grown up? For many of your peers, the answer is a house.

http://money.cnn.com/2011/12/07/real_estate/home_buying/index.htm