Accoding to Sean Biggins at Wells Fargo Home Mortgage on Hilton Head Island, HUD has made some significant changes to RESPA which will impact Good Faith Estimates, HUD-1's and closing timelines as a result.

If you have specific questions on how this might impact one of your transactions, please let me know.

RESPA_Retail_guide-all.pdf

As part of the Omnibus Coastal Property Reform Act of 2007, homeowners in Coastal areas of South Carolina (Hilton Head, Bluffton, Daufuskie & Beaufort) can now receive discounts off their homeowner’s insurance premiums for homes built with newer construction standards that will better withstand the high winds associated with hurricanes. The program, that is housed within the SC Dept. of Insurance, encourages Insurance Carriers to provide these discounts (up to 20% in some cases) on an annual… Continue

It seems Congress is moving towards extending the First Time Home Buyer Tax Credit and adding in some other incentives for other types of buyers. If you missed out, now is the time, don't miss your second chance. At some point the incentives are going to end. Get them while you can.

The proposed bill to extend the credit has the following new provisions:

- 1st-time home buyers who close before April 1st would get the full $8K, and the credit’s value would be reduced by $2K in each successive q… Continue

Survey Results!
Through powerful advertising campaigns, broad online digital visibility, strong word-of-mouth marketing, and the delivery of outstanding customer experiences, CENTURY 21® Real Estate has earned top positioning in a recent Wall Street Journal survey of its readers.

According to the Wall Street Journal's 2009 Residential Real Estate Study, the CENTURY 21 Brand ranks first in the industry in Brand Awareness.

… Continue