Eddy's Blog

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Mortgage and Lending - Nationwide Funding Group
The Real Estate and Mortgage Industry In My Own Words..................................
RECENT BLOG POSTS
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  It is sad to see bilingual clients and how they are taken advantage of during their refinance transaction. I just funded a spanish speaking client in Alabama. She only owed 30k on her home which was appraised for 220k. She wanted to pay 20k in debt and wanted 25k in cash out max cltv would be a...
11/14/2006
A bridge loan (also called interim or bridge loan) is a temporary loan made on a borrower`s equity in his or her home. It is usually a short term loan that is due in six months or when the borrower`s home sells , whichever occurs sooner. It is used when the borrower has purchased another property...
11/14/2006
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 Real estate agents are a mortgage professionals best friend. There are several ways to "get in good" with a local agent. One way can be to go his/her office pass out some literature about yourself and sell yourself a bit. Think about it , how many other mortgage loan officers in the area solicit...
11/13/2006
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A trust deed  or mortgage that covers more than one parcel of property may be secured by a blanket loan. It usually contains a PARTIAL RELEASE CLAUSE that provides for the release of any particular parcel upon repayment of a specified part of the loan. From what i have seen it is most commonly us...
11/13/2006
Dearest Beloved, How are you, I hope all is well with you and your family. My name is Maria Binta Hakis, a girl from Sierra Leone, am 25 years old a house help by profession, and I have a proposal to make which I believe will be helpful to both of us.Like I told you at the beginning, I am a house...
11/13/2006
CONTACT YOUR PAYING BANK.WINX LOTTO INTERNATIONAL PROMOTIONS/PRIZE AWARD DEPARTMENT.RESULTS FOR CATEGORY "A" DRAWS     We are pleased to congratulate you, and announce to you,the results of the First Category draw of THE WINX LOTT PROMO INT. We are happy to inform you that you have emerged a winn...
11/13/2006
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Here in the la metro area regardless of whether the market is slow or not there is still alot of real estate activity. Real estate signs are everywhere some for advertising the sale of homes or brokers offering their services. The ability to display real estate signs has some protection under the...
11/10/2006
As you can see a Property Managers duties are very detailed. THey are: -To create the rental schedule-Merchadise the space-Advertise vacancies through selected media-Develop a tenant/resident relations policy-Qualify and investigate a prospective clients credit-Prepare and execute leases-Collect ...
11/10/2006
In California there are only a few certain cities that have rent control they are the following:-Berkeley-Beverly Hills-East Palo Alto-Hayward-Los Angeles-Los Gatos-Oakland-Palm Springs-San Fransisco-San Jose-San Leandro-Santa Monica -West HollywoodThe maximum allowable rent is the Maximum legal ...
11/10/2006
The property manager must be a jack of all trades because the duties are many and varied. Property managers have a dual responsibility to both the owner and the tenants. The owner wants the highest possible return from the property and the tenants want the absolute best value for their money. Wit...
11/09/2006
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Eddy Martinez

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