Important changes have been made to RESPA (Real Estate Settlement Procedures Act) to provide better protection to borrowers in Real Estate transactions. A key element is the Good Faith Estimate (GFE) which has to be provided by the lender. It’s a three page form designed to encourage you to shop for a mortgage loan & settlement services so that you can determine which mortgage is best for you. We highly recommend that you obtain a copy of “Shopping for Your Home Loan” booklet prepared by the U.S. Department of Housing and Urban Development (HUD) As in all major transactions, always seek advice from experienced professionals in the field.
Mar29
Lenders and RESPA
Tags: fort wayne, Fort Wayne Homes, Fort Wayne Real Estate, HUD Good Faith Estimate, RESPA
Mar26
Ice Sports Arena – Fort Wayne
CanLan Ice Sports Arena in Fort Wayne which opened last month, is a three-pad 128,000 square foot sports and entertainment facility offering on-ice experience to youth and adults of all ages. It offers numerous hockey & other skating programs.
The building which operates under the McMillen Ice Arena is managed by CanLan Ice Sports Corporation. They will feature a 200-seat full-service restaurant “The Thirsty Penguin Grill House.”
Tags: CanLan Ice Sports Arena Fort Wayne, fort wayne, Fort Wayne Real Estate, Ice Hockey, Ice Skating
Mar22
Title Insurance and RESPA
Title insurance protects you, the buyer, against defects and human error. In other words, you want to make sure that the seller really owns the property you are buying and that there are no problems in the title’s ownership and history. Title insurance companies will search the public records to make sure that you get clear ownership to your new home, and they will insure you against any claims and legal fees that might arise.
Tags: Fort Wayne Homes, Fort Wayne Real Estate, Metropolitan Title, RESPA, Title Insurance
Mar19
St. Patrick’s Day in Fort Wayne
The wearing of a shamrock was a sign of rebellion during the time of the Irish Rebellion of 1798. Irish soldiers would wear a shamrock on their caubeen (a variation of a beret or tam o’shanter) Green was the color of the Society of the United Irishmen -a revolutionary organization. Displaying revolutionary insignia was made punishable by hanging.
Tags: fort wayne, Fort Wayne Real Estate, JK O'Donnell, St. Patrick's Day in Fort Wayne
Mar17
RESPA – Real Estate Settlement Procedures Act
The new RESPA regulations took full effect on January 1, 2010. It is a HUD (Housing & Urban Development) consumer protection statute to help homebuyers be better shoppers in the home buying process. Your lender and Title Company can provide you with additional information.
Tags: fort wayne, Fort Wayne Homes, Fort Wayne Real Estate, Real Estate Settlement Procedures Act, RESPA
Mar12
Shake Off the Winter Doldrums!
Fort Wayne is a great place to live, but the winters do at times feel interminable. Do you want to recharge your batteries? We found -as have many Hoosiers- that a cruise to a warm Caribbean destination is a great way to shake off the winter doldrums. What’s your favorite destination? We’d love to hear from you.
Tags: Caribbean cruise, Curacao, fort wayne, Fort Wayne Real Estate, Royal Caribbean
Mar9
Now Is the Time
Time is running out to take advantage of the $8000 First Time Home Buyer Tax Credit and the $6500 Credit for current homeowners. Contact us for details.
If you have benefited from this program and are filing for the home buyer tax credit, remember that you must file hard copies due to special documentation requirements. Electronic filing is not allowed. Be sure to consult with a Tax Professional.
Tags: first time home buyer tax credit, fort wayne, Fort Wayne Real Estate, home buyer
Mar1
You Can Change A Life
The American Red Cross plays a critical role in our Nation’s health care system. It is the largest single supplier of blood and blood products in the United States, collecting and processing more than 40 percent of the blood supply and distributing it to some 3,000 hospitals & transfusion centers nationwide.
The Red Cross can only do this with the support of people like you and me. For more information please visit: www.redcrossblood.org.
Tags: American Red Cross, American Red Cross Blood Donation, fort wayne, Fort Wayne Real Estate, Red Cross
