The commercial corner: Overcoming objections in commercial deals

May 31, 2006

Chase adds no-closing-cost option to fixed-rate loansMortgagePress.comNo closing costs, Chase Chase has added a no closing cost option for new amortizing and balloon home equity loans, available to borrowers who meet Chase's underwriting guidelines (except in the Carolinas and other states where Chase Home Equity does not do business). Chase's No Closing Cost fixed-rate home equity loans are available with fixed repayment terms of five to 20 years and balloon repayment terms of 30 and 15 years. They are available on loan amounts of up to $1 million, with full-doc and stated-income options and up to 100 percent combined loan-to-value. Chase, a subsidiary of JPMorgan Chase and Company, is a consumer and commercial bank based in New York. For more information, call (888) 342-4273 or visit www.chase.com.

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May 31, 2006

Analysis and Data

It's A Buyers' Market In Texas And Florida!!!

Redfin says sellers are cutting their asking prices in the two southern states.

Two states in particular are experiencing a ballooning supply of homes for sale this spring, paired with modest price cuts to entice buyers. A new report from Redfin indicates that housing supply is surging in Florida and Texas, and sellers are cutting their asking prices...

Analysis and Data

Pending Home Sales Climbed 3.4% In March

National Association of Realtors reports gains in Northeast, South and West, with a slight drop in the Midwest

Homes under contract are rising at a cautiously hopeful pace this spring. The National Association of Realtors’ Pending home Sales Index climbed 3.4% in March, increasing to 78.2. Year-over-year, pending transactions were up 0.1%. “March's Pending Home Sales Index – at...