Many home owners are facing challenges that they’ve never faced before… and that makes them vulnerable. It’s a shame to watch your fellow man, or should I say criminal, pray on and take advantage of people when their guard is down and they’re crying for help. But that’s exactly what’s happening. Here is the article [...]
Regular Mortgage Questions…
This is just a reminder about some things that I get asked about a good bit. Maximum seller concessions are as follows: Conventional Loans 10% or less down 3% from seller 10.01 to 25% down 6% from seller 25.01% down 9% from seller Second home is 3% max regardless of ltv (which is 80% max [...]
Lenders Repossessed Fewer Homes in May
LOS ANGELES (AP) – June 16, 2011 – The number of U.S. homeowners who were put on notice for being behind on their mortgage payments fell in May to the lowest level since 2006, the result of a slowing housing market and lingering delays in banks’ foreclosure process. Mortgage lenders, many of which are still [...]
The Most Unbelievable Open House Story I Have Ever Heard!
About a month ago, I was at Coldwell Banker University and I heard the most unbelievable open house story ever! Question: If you were a new agent, and sitting in on an open house for another agent in your office… and you lock yourself out minutes before it starts… what extent would you go to [...]
