Thank you to the 13 people that watched my video last week! I’ll admit that the title from last week was a bit uninteresting, so I promise all future videos will have better titles. Thank you again for watching! Not a big news week, we had the State of Union address from President Obama yesterday and the FOMC (Federal Open Market Committee) comment today. However, no real movement on rates so my position this week will be to float unless you have to lock. Keep in mind that rates are still low and have been for some time. Can a home with an unpermitted addition qualify for a FHA loan? The answer may surprise you given that this is probably a very common question that is asked by Realtors and many buyers. The answer is “Yes”, however there are certain factors that need to be reviewed. Thank you for reading this email and watching the video. If there’s anything you’d like to see differently in the future, please let me know. Moving forward, I will post links to my sources as reference (Thank you Eric Sagaspe for pointing that out). Quote of the week: Service to others is the rent you pay for living on this planet – Mariam Wright Edelman Have a great week, and stay positive! Tony tmoon@gemcorp.com Links to Articles: 4 Steps to Take When Preparing to Buy a Home finance.yahoo.com Mortgage refinancers rush to duck fee hike www.bankrate.com IMF warns of global outlook: www.ft.com Greek default is imminent: finance.yahoo.com
Broker Realtor Michael Stark of SouthernCaliforniaBroker.com discusses contrarian investing in real estate. Michael Stark assists buyers and sellers with both residential and commercial property in Orange County, and throughout Southern California. Michael’s other sites include, NeoRealEstate.co…
Hello Hello Hello! Sixto has created a website devoted to educating you about the Real Estate market in Phoenix Arizona. Relying on Videos and Blog to get the message across, Sixto believes in turning the Phoenix Real Estate market from something of a mystery to some people, into an open book. Community and local businesses [...]
Steve Straub, CMPS with Straub Consulting in Portland, OR explains the benefits of a buy and hold strategy over fixing and flipping. Fixing and flipping was a popular way to make money a few years back, but is typically more complicated investment strategy than the average person expects it to be. There are over 30 [...]
www,rmilending.com. This week we got more details about the Obama program for upside homeowners, and here’s why the Obama loan is bad news. He says as long as you have at least a 580 credit score, and haven’t missed any payments in the last 6 months you qualify for a loan. Now they do say [...]
In the settlement, CitiMortgage “admits, acknowledges, and accepts responsibility” for certain conduct alleged in the Complaint including, “[failing] to comply fully with all HUD- FHA requirements with respect to certain loans,” …
Real estate investment expert, Joe Crump, teaches zero down investing techniques. Learn foreclosures, short sales, subject to, land contracts, multi-mortgage and other creative real estate financing structures. Free newsletter teaches you how: www.joecrump.com Six Month Mentor Program www.zerodowninvesting.com
Quicken Loans is that nation’s largest online lender for a good reason. We love being America’s Home Loan Experts. We’ve helped nearly 900000 clients finance a mortgage since 1985 and we can help you too. Learn more at www.quickenloans.com Quicken Loans is an Equal Housing Lender. Rates…
Real estate investment expert, Joe Crump, teaches zero down investing techniques. Learn foreclosures, short sales, subject to, land contracts, multi-mortgage and other creative real estate financing structures. Free newsletter teaches you how: www.JoeCrump.com Six Month Coaching Program Details: www.ZeroDownInvesting.com