ARCHIVED BLOG POSTS
2010
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Most of us throughout this great Nation have felt the effects of the economy in one way, shape or form. The real test is, How Are You Dealing With It? I have spoke to several professionals through these down times that are busier than ever before. Not just by luck I might ad. Positioning your bus...
01/14/2010
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John, I read about htis yesterday and wondering about the proposed max cap of $3,000 going to payoff or down a 2nd lien. How will that affect the deals going through? Steve Vitani New Treasury guidelines for banks and servicers will impose a 10 day turnaround time on "short sale" offers. The 83...
01/13/2010
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Great Tip! Maybe 30 year rates start to head back down this spring??Rate Lock Advice & Mortgage Market Update January 13, 2010, 9:30 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices are down -6/32. The Beige Book will be released at 2:00 ET which is seen as an indicator as to how the Fed might...
01/13/2010
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Great Point Steve, Also another talking point is the amount of Staff each Senator has and what it costs the Tax Payers!I've talked about this many times. Now, the background on this issue that likely has escaped many people. We tend to think that Amendments to the Constituion are good - after all...
01/12/2010
I'm sure you heard by now that Lenders are not lending money! Well that is false, lender are lending but not the sloppy loans that were offered back in 2003-2006. Lenders are lending responsibly to responsible borrowers. If your trying to qualify for FHA or VA you can even have as little as $15...
01/12/2010
On The Fence? Thinking of buying but undecided because you think the market might get worse? Buying a home has always been a long term investment and should look at least 5 years out before even worrying about what your home will be worth. If you believe that real estate is a good long term inves...
01/12/2010