Marlo Newman's (marlonewman) Blog

On this Monday, Oct 4th, HUD is changing how it charges for Mortgage Insurance Premiums. This effects both the upfront ("UFMIP") and the annual MIP which is paid monthly in the loan payment. Here is how it works today The upfront MIP is 2.25% of the ‘base loan' and is financed into the loan.  Thi...

   For years, I have always been searching for a tagline or a link in my e-mail signature that helps people and gives my contacts a reason to forward my e-mails on and go viral. It seems there is no better way to gain new clients and sell listings faster than giving away free money. Introducing T...

America's Home Buyers Solution Program and expanded into 14 states: AZ, CA, CO. CT, FL, GA, HI, ND, NE, OR, TN, TX, UT, WA This is a gift program that provides a home buyer a gift of up to 2.5% of the purchase price to be used for down payment and/or closing costs. It is a true gift - NO Repaymen...

Advising Short Sale and Deed-in-Lieu ClientsBefore you put a buyer in your car, be sure to ask them about their residential history for the last three years and here is why... If you are working with a client who may have had a short sale or a deed-in-lieu in their past...or you are listing a hom...

To watch this post in video Please Click Here Spring is here it's getting hot there are lots of empty homes with pools that are going to go green and create a dangerous and severe health problem. Mosquitoes with a sting! This week I too was blessed with my neighbor's home going to foreclosure. L ...

The Arizona Department of Housing (ADOH) has released Your Way Home AZ. This statewide program was developed to assist homebuyers purchasing foreclosed homes in select areas, help rehabilitate housing developments, and stabilize neighborhoods. Nine community partners - the state of Arizona, Maric...

      MORTGAGE TIPS & NEWS    Shake The Money Tree   Check Out All of These Little-Known Sources for FHA Down Payment! Have you heard this before? "I'd like to buy a home but don't have the money for the down payment or closing costs!" There are a lot of lesser-known alternative sources of funds ...

Ok here is the deal... I'm going to launch a new service next week that will help everyone sell more houses. I'm giving it away free to Realtors with the only requirement being that they post a page or a banner on their own site offering free down payments for people to apply for. I have generate...

Here is the no-cost solution you have been looking for to help grow your businessI'll sponsor your annual membership into The Down Payment Guy Network a $500.00 value!  LISTING AGENTS start here                 BUYERS AGENTS click here     Increase The Exposure For Your PropertiesPost Your Listi...

UPDATE GAITHERSBURG, Maryland - On February 29, 2008, the court ordered that the Department of Housing and Urban Development's October 1, 2007 regulation prohibiting seller-funded downpayment assistance must be set aside. As a consequence, this HUD regulation is not just blocked indefinitely, but...