Hayden's Blog

Consumers are often baffled by the home appraisal process. They may feel their home is worth a certain dollar amount, and therefore, the appraised value doesn't make sense to them. It is important to know that appraisal guidelines are dictated by the lenders. In many states, the lenders must disc...

Once your loan application is filled out and sent to the lender for review, the first thing they will look for is your ability to payback the loan you are requesting. My team and I have a streamlined loan process to help you get your ducks in a row prior to this review. A grand slam loan package ...

Last month, K. Hovnanian Homes, the nation's sixth-largest builder, showed just how low builders are willing to drop prices. It held what was called the "Sale of the Century" and dropped prices of its unsold inventory in nineteen states, including California, by jaw-dropping amounts: i.e., $300,0...

Did you know that the major credit bureaus sell your personal information? It's true! Known as "trigger leads", the files of borrowers applying for a home loan are immediately flagged, packaged, and sold by the credit bureaus to the highest bidders. For about $25 to $100 or more, your name and ce...

Don't wait for a discerning buyer to find faults in a listed property. The EPA website (www.epa.gov) has tons of useful information on possible hazards in a home, and you should at least check the following conditions as part of the listing process.Radon Gas - In January of 2004, the HUD home ins...

Within the last ten years, credit-challenged homebuyers have used a regulatory technicality that lets them get FHA mortgages without putting their own money down, while at the same time avoiding subprime loans. Around 7,000 buyers per month were using this technicality, now the feds are shutting ...

Learn more about the Home Ownership Accelerator®The Home Ownership Accelerator® revolutionizes home financing by making one simple change in your financial life. It combines your checking account with your home loan. So you flow all of your personal cash against your loan balance. Why is this sim...

Here is the latest data from the Mortgage Bankers Association:The Mortgage Bankers Association said its seasonally adjusted index of home loan application activity increased 2.4% to 652.0 in the week ended Oct. 5.The index has been fairly range bound in recent weeks, after slipping to about 607 b...

The U.S. subprime housing crisis will not peak until 2009 and total defaults could reach $150 billion, rating agency Standard and Poor's said on Tuesday, but robust emerging markets would help keep global growth strong.S&P expected the world economy to grow 3.6% in 2007 and 3.5% in 2008. The U.S....

Yesterday's Fed Meeting Minutes pressured Bonds lower - why? The main reason was the less vigilant tone towards inflation. The Fed didn't change their bias, but the fact that the Fed showed increasing concern on economic growth and was less vocal on the threat of inflation had Bond traders thinki...