Craig's Blog

It seems to me a lot of FSBO deals blow up becuase of stupid stuff, like oil drums burried on the property and such.  Which begs the question, if a Realtor is involved in a transaction, is it better to have two Realtors (one buyer's agent and one seller's agent) or is it better to have one Realto...

Buyer inspection found an oil drum burried on the property and buyer said he doesn't want to buy the property anymore.  I'm ok with that.  Problem is the seller is mad that the buyer is backing out and the seller wants to keep the $5,000 deposit.Seller called my buyer and told him he was going to...

Loan approved and clear to close.  Buyer orders an extra inspection and they uncover an oil drum buried on the property.Who would bury an oil drum on the property?Oh, and no closing on ths one...

Is there such a program?  I heard there was a program where you could get a mortgage and there would be no payments required for six months or more.Has anyone done one of those or heard of that?

I heard you can cancel your mortgage loan three-years lter.  Has anyone else heard this?When you cancel your mortgage loan, do you get a refund of interest payments and the appraisal fee?

Am I the only one that likes listening to loss mitigation hold music?  I know it sounds strange and I probably am the only one, but just thought I'd check.  As I listen to the hold music for loss mitigation and the minutes tick by, I think....I am making progress.How about you.  Do you like liste...

I've got this company telling me they can remove a foreclosure from someone's credit report.  Has anyone heard of such a thing?The Declarations on page 3 would still have to be checked yes to foreclosure anyway.  Would that help?

From a Hud press release Borrowers with adjustable rate mortgages who were late on two consecutive monthly mortgage payments or at two different times over the previous twelve months. FHA will require a 97 percent loan-to-value (LTV) ratio for these borrowers to refinance, the same LTV as FHA's c...

Not one, but two.  Yippee!  So, I can attest that short sales are closing in my office.Is anyone else having any success with their shorts?

There was a Bloomberg article today titled: "U.S. Foreclosures Jump 57% as Homeowners Walk Away (Update4)", but the article itself didn't mention any stats or evidence of people "Walking Away".My question is that is it possible the media is working the American public into a "Walking Away" frenzy...