The Mortgage Buddy would like to welcome Attorney Scott Wrenn as a guest blogger this month. Attorney Wrenn is a real estate attorney that is centrally located in Auburn, MA in the heart of the Commonwealth. His practice helps people with real estate conveynancing, land lord, and tenant law, as well as will and estate planning. He is well know for is litigation prowess and helping Massachusetts residents protect themselves and their most important investment, their home. Read more…
Monthly Archives: January 2014
Congress Lets The Mortgage Debt Relief Act Expire
For many, this year’s tax season could dampen the prospects of that fresh start and those financial resolutions to save more and spend less. As of December 31st 2013 the Mortgage Debt Relief Act and Debt Cancellation of 2007 has expired. Read more…
New Mortgage Regulations Look to Protect Borrowers and Strengthen the Financial System
Mortgage banking regulatory reform is a necessary component of maintaining a healthy lending environment and real estate market. We may not agree with how far the pendulum of regulation has swung or believe all of the changes are necessary, but if we can educate ourselves we will be able to take the new guidelines in stride and be armed with the knowledge to educate ourselves and our clients. On January 10th 2014, the mortgage world as we know it will be changing Read more…
Condos and Your Massachusetts 6D Certificate
For many busy professionals and young couples the freedom of condo living is a great alternative to the yard work and shoveling that goes hand in hand with owning a single family home. It’s important to remember when searching for a condo that this freedom of household duties come at a cost in the form of a monthly maintenance or management fee. To make certain you are not inheriting late condo fees or assessments your lender and title insurance company will require Read more…