As you may know Assembly Bill 284 took affect on 10/1/2011 and requires that lenders have proof of ownership prior…
Mortgage
Short Sale Misconception – Must Be Late On Payments To Do A Short Sale
A very common misconception in the short sale world is that you must be behind on your payments to be…
Good News for Home Buyers
Good news for home buyers – particularly those without a lot of down payment cash on hand. Wells Fargo and…
Digging yourself out of a mortgage mess
A good article for the Wall Street Journal. Digging yourself out of a mortgage mess.
Foreclosure vs REO
An REO (Real Estate Owned) is a property that goes back to the mortgage company after an unsuccessful foreclosure auction…
How Are Buyers Paying For Homes in Sparks?
Word on the street is that home mortgages are hard to get and that banks aren’t lending. Certainly lending criteria…
FHA Appraisals – What Buyers Should Know
Beginning April 1, 2009 FHA (Federal Housing Administration) has added to its appraisal guidelines. With 67% of homes purchased in…
‘Making Home Affordable” (MHA) – To Help 9 Million Refinance or Modify
The Making Home Affordable Plan is part of President Obama’s plan and is projected to help up to 9 million…
IN THE MONEY
What a great time to be in the mortgage business! Are you surprised? There has been a great deal of…
In The Money
If you’ve served in the United States Armed Forces, you may qualify for a Veterans Administration Loan, commonly called a…