Tag Archives: bank of america

Banks Suspend Foreclosures and Impact The Real Estate Market

Cincinnati foreclosure

Major US banks including Bank of America, GMAC / Ally, and JP Morgan Chase suspended foreclosures because of irregularities and incomplete records.  Ohio’s Secretary of State Jennifer Brunner asked federal prosecutors to investigate foreclosure irregularities in her state. Ohio has been … Continue reading

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How Long Will an Appliance Last?

In real estate it is important to understand the life span of major household appliances. Did you know that your thermostat will last twice as long as your furnace? Did you realize that a tank-less hot water heater will last … Continue reading

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Foreclosure Scams – Federal Trade Commission Issues Warnings

In this current economic climate the possibility of losing your home to foreclosure can be terrifying. Currently there are con artists using mortgage rescue schemes to take advantage of home owners in distress. . The Federal Trade Commission warns that … Continue reading

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Refinancing your home: Borrower Beware

If you refinance your home here are some tips for buyers of Cincinnati Real Estate to be sure that your old loan has been closed out. 1) Be sure to purchase the consumer protection insurance. Even if you have worked … Continue reading

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Watch your Escrows

I wanted to give  a heads up to people who own real estate in Cincinnati .  Please check your escrow account amounts on your mortgage.  My loan is with Countrywide which is now Bank of America. I pay the payments … Continue reading

Posted in Cincinnati Real Estate, Mortgages and Finance | Tagged , , , , | 4 Comments