Dave Gill's (davegill) Blog

Fha will never be the same. Here are some of the Changes coming to town near you. Fha is changing the rules of the game due to an anticipation of fha foreclosures increases and fha is running out of reserves. They are changing the upfront MIP to 2.25%. Monthly is changing from .55% to .85% I thin...

What does that mean? I hear it all the time that short sales are closing less than 1 of 8 or worst 7%. Here in Las Vegas Nevada, I always have issues with these numbers. I know these numbers do not represent my short sale closing. So how do you think these numbers are calculated? First of all, wh...