Pennsburg Real Estate News
Real Estate news for Pennsburg, PA continually updated from thousands of sources.
Monday Jan 5 | via Philly.com
D EAR HARRY: Back in June, my husband and I bought a new home in Montgomery County. We financed 80 percent with a favorable mortgage rate of 3.75 percent. Comment?
Dec 22, 2014 | via WFMZ
The $371.1-million budget passed Thursday also features increased spending on human services, continued investment in restoration of county infrastructure, lower projected debt, a third consecutive yearly payment to the employee pension fund, a small surplus and an increased fund balance, according to county officials. All non-represented employees will receive a one-percent base pay increase, and due to an anomaly that occurs every 11 or 12 years, employees will receive an "extra" pay check equivalent to an extra 3.9 percent in calendar year 2015. Comment?
Nov 26, 2014 | via The Lebanon Daily News
The Lebanon County commissioners have again extended the timetable for closing on the sale of Cedar Haven nursing home to Complete Healthcare Resources. The commissioners said Wednesday that Friday's deadline on closing the $25.5 million sale has been pushed back to December 19. The sale was originally to be finalized on Sept. Comment?
Oct 24, 2014 | via Philly.com
Chester County is the latest government in the region to sue some of the nation's largest banks to recover millions of dollars in recording fees for mortgage assignments. The Chester County Recorder of Deeds filed a lawsuit Oct. 10 against several banks, including JPMorgan Chase, Wells Fargo, Citibank, and Bank of America, in County Court. Comment?
Oct 13, 2014 | via Information Technology
Fitch Ratings has assigned a 'BBB-' rating to the expected issuance of approximately $48.6 million Montgomery County Higher Education and Health Authority on behalf of Holy Redeemer Health System series 2014A bonds. In addition Fitch affirms the 'BBB-' rating on the following bonds issued by the Montgomery County Higher Education and Health Authority on behalf of HRHS: Debt payments are secured by a pledge of the gross receipts of the obligated group and a mortgage on the Holy Redeemer Hospital and Medical Center . Comment?
Thursday | via CBS News
Home design trends may come and go, but homeowners are always looking for inexpensive, easy ways to increase their property's value. Some of those trends can translate into bigger bucks when it comes time to sell a home, while others can actually drag value down. Comment?
Wednesday Jan 21 | via WTHR-TV Indianapolis
Opening statements are scheduled in the trial of a northeastern Pennsylvania man charged in the strangulation deaths of a drug-dealing pharmacist and the pharmacist's girlfriend. A notorious Pennsylvania inmate found with at least five sets of human remains buried in his yard nearly a dozen years ago is standing trial on charges he strangled two of the victims, including a pharmacist who had called... Three California lawmakers are promoting right-to-die legislation with the family of a terminally ill woman who moved to Oregon to legally end her life. Comment?
Friday Jan 16 | via National Mortgage News
Most recently, he served as senior vice president of production at Discover Home Loans, a division of Discover Financial Services. Prior to that, Smith was the senior vice president of production at LendingTree Loans where he led sales and processing teams across six states. Comment?
Friday Jan 16 | via Business Journal
Several western Pennsylvania cities and towns make a website's list of the most affordable cities in the state -- but none of them are in the Pittsburgh region. SmartAsset.com ranked the top 10 in several metrics, including most affordable, taking into account average closing costs and mortgage payment, annual homeowner insurance and property taxes plus median income. Comment?
Thursday Jan 15 | via Philly.com
Foreclosure filings nationwide last year fell to their lowest level since 2006 and were down by more than a million properties from 2010's recession-aftermath peak of roughly 2.87 million. RealtyTrac, an Irvine, Calif., housing data and analytics provider that tracks filings across the United States, reported Thursday that last year's 1,117,426 total filings, while down considerably from that peak, still represented an increase of 400,000 since the housing boom of the last decade began to go bust. Comment?
Yesterday | via The Big Picture
After a two-and-a-half-year wait for "whatever it takes," the quantitative easing announced this week by the European Central Bank is different from the QE undertaken by the Federal Reserve during and after the financial crisis and now completed. The European action comes in the aftermath of the Fed's programs and is a European attempt to confront complex economics. Comment?
33 min ago | via Worcester Telegram & Gazette
When it comes to entrepreneurs, Worcester breeds the best. But those talented business leaders leave town fast. Comment?
2 hrs ago | via Banker & Tradesman
When the federal government's consumer protection agency for financial matters tells you how to shop for a good deal on a home mortgage, you should follow the advice, right? A valid subscription is required to read the article or use the tool you've selected. Already a subscriber? Please enter your information below to log in. Comment?
2 hrs ago | via Banker & Tradesman
A report earlier this month in The Boston Globe highlighted practices of some private mortgage insurance companies of pursuing former borrowers of foreclosed properties for the difference between the amount of their outstanding mortgage debt owed to their lender, and the short-sale price on the homes they no longer owned. A valid subscription is required to read the article or use the tool you've selected. Comment?
2 hrs ago | via OpEdNews
Based upon my current understanding of the mechanics of the now decade long, open-ended foreclosure crises, I'm convinced there is a solution hidden in plain sight. I call it The Re-Redistribution of Housing Wealth in America Program . Comment?
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