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Extra Realty, Inc.'s Puerto Rico Real Estate Blog (Bilingual)

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Feds Giving Mortgage Modifications Additional Boost
It's not easy turning a potential foreclosure into a successful affordable mortgage modification -- from either side of the table. Homeowners, facing confusing documentation requirements and conflicting advice from both honest and dishonest corners, Read More...

by Warren Rodríguez | 0 Comments

Price Reduced on Condo for Sale in Isla Verde, Puerto Rico, Cond. Varadero.
Cond. Varadero, Isla Verde - Announcing a price reduction on fourth floor condo on Condominio Varadero, Calle Violeta, Isla verde, Puerto Rico with 700 sq. ft., 1 bath, 1 bdrm apartment. Now $160,000 - Make a an appaointment. Property information Read More...

by Warren Rodríguez | 0 Comments

FHA raises fees, tightens loan standards
Agency trying to shore up finances, prevent possible need for bailout WASHINGTON - The Federal Housing Administration is raising fees and tightening lending standards to shore up its strapped finances and avoid a taxpayer bailout. The government agency Read More...

by Warren Rodríguez | 0 Comments

The safest ways to buy foreclosures
Low interest rates and fast appreciation lure hunters to homes facing foreclosure. You may pay less than market value, but not too much less -- and the reasearch can be daunting. With interest rates at record lows and the stock market looking too perilous Read More...

by Warren Rodríguez | 0 Comments

FHA Tightening Standards
FHA is tightening up its standards for home buyers - but the changes are not as tough as some analysts had feared - especially on downpayments. FHA commissioner David Stevens outlined the agency's new underwriting policies last week, including an Read More...

by Warren Rodríguez | 0 Comments

What is an FHA Reverse Mortgage?
There are many programs and home loan products that allow homeowners to take advantage of the equity they've built up in their homes. One resource qualified FHA mortgage holders have at their disposal is the Home Equity Conversion Mortgage (HECM) Read More...

by Warren Rodríguez | 0 Comments

The Rescue
November home sales leap NEW YORK (CNNMoney.com) -- After surging 10% in October, sales of existing homes jumped again in November, growing 7.4% compared with October to an annualized rate of 6.54 million units, according to the National Association of Read More...

by Warren Rodríguez | 0 Comments

Got a Real Estate Question? Ask a Realtor
"Michael" wanted to know how long he can expect to sell his home in today's economy. Kevin Kieffer, a Northern California agent with Keller Williams Realty, explained a well-priced, well-prepared and staged property can sell within weeks, Read More...

by Warren Rodríguez | 0 Comments

A House That Looks Good Will Sell
How to attain curb appeal A house should have curb appeal, they say, but what exactly does that mean? What it means is that, if a buyer drives past a house at 5 or 10 m.p.h., the front of the place should be alluring enough for that buyer to stop the Read More...

by Warren Rodríguez | 1 Comments

HUD ISSUES NEW MORTGAGE RULES TO HELP CONSUMERS SHOP FOR LOWER COST HOME LOANS
New 'Good Faith Estimate' will help borrowers save nearly $700 WASHINGTON - For the first time in more than 30 years, the U.S. Department of Housing and Urban Development today issued long-anticipated mortgage reforms that will help consumers Read More...

by Warren Rodríguez | 0 Comments

How Mortgage Management Affects Credit Scores.
Your credit score , a numerical rendition of your creditworthiness - or lack thereof - should be at 760 or above if you want the best interest rate, according to FICO , the leading credit scoring system provider. Mortgage lenders as well as other creditors Read More...

by Warren Rodríguez | 0 Comments

Myths and Facts about Appraisals.
Consumers tend to have some misconceptions about the appraisal process. If you've ever watched "Antiques Roadshow" on PBS, you're already familiar with the concept of an appraisal. The idea is similar in the realm of real estate valuations. Read More...

by Warren Rodríguez | 0 Comments

Apartment For Sale in Ashford 1000, Condado, Puerto Rico.
Lagoon and ocean view • 3,000 sq. ft., 3 bath, 4 bdrm apartment - $1,550,000 - OBO Ashford 1000, Condado - Astonishing Lagoon and Ocean Views, Well Appointed Finishes, Appliances and Equipments. UNIQUE- Fully Remodeled Sky Residence with Exquisitely Read More...

by Warren Rodríguez | 0 Comments

Condo For Sale in Cond. Varadero, Isla Verde, Puerto Rico.
• 700 sq. ft., 1 bath, 1 bdrm apartment - $170,000.00 - Make a reasonable offer! Cond. Veradero, Isla Verde - Condo for sale in Cond. Varadero in Isla Verde, Puerto Rico. One bedroom (ocean view, though is a lower floor) with large closet, one bathroom Read More...

by Warren Rodríguez | 0 Comments

House for Sale in Ciudad Jardin, Canovanas, Puerto Rico
• 2,500 sq. ft., 2 bath, 4 bdrm single story - $349,500 Ciudad Jardin, Canovanas - Spectacular, bright, fresh, two years constructed house for sale in Ciudad Jardin, Canovanas, Puerto Rico. Property information Read More...

by Warren Rodríguez | 0 Comments

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