In case you are wondering, FHA has still not put their foot down on the decision, and as of today, 5/18/2010, you still get 6%. My last post on this talked about some of the other changes that were … [Read more...]
Frisco Mortgage
Financial Reform For What?
Financial Reform is a hot topic that has mainly just blown into a volcanic cloud looming over us, but not started dissipating or settling down on top of us really yet. Wikipedia defines Campaign … [Read more...]
Environment Shift For Buyers and Refinance Prospects with Yearly Low Rates
If you were waiting for the "planets to align" to refinance or buy a home, now is probably the time...Frisco, Plano, McKinney, Prosper, and Little Elm have the perfect opportunity as housing picks up … [Read more...]
Why do more than 95% of my referrals choose me over my competition?
As a young loan officer in the industry, I heard Joe Stumpf with By Referral Only ask a room full of experienced and beginner Realtors and lenders at a Main Event, "Do you want to know why I was able … [Read more...]
Positive Change for Real Estate and Economy in General Census
ABC news reports the positive, Realitytimes reports the positive, and Warren Buffet likes our odds. Everywhere we look in the media, American economists, forecasters, and mega millionaires give us … [Read more...]
Purchase Frisco Home With Seller Buydown Mortgage
With the emergence of the foreclosure and short sale market, it has become a norm for buyers to enter into a negotiation with a seller on what might have been known as three or more years ago as a low … [Read more...]
The Implode List by MortgageImplode.com
For years, I have watched the list of lenders that go out of business grow at http://ml-implode.com/. This list has been tallied since late 2006 and today the list is up to 383. Four years from the … [Read more...]
Getting a Home Loan and What You Need
Lets start here: You are ohhhhhhhh so excited because you finally have the goal amount saved that you have been planning and saving for to buy a home for the last 10 years, snicker snicker, or you … [Read more...]
Chapter 13 Bankrutpcy vs Chapter 7 Bankruptcy
There is a difference in the type of Bankruptcy one person may have entered into compared to the next, and if you were in a Chapter 13 BK rather than the Chapter 7 variety, you might find that the … [Read more...]
Interest Rate Hike, True or False?
The Real Estate industry has been talking about a rate hike, or as I like to say, rate spike, for some time now. It is inevitable, it's just a when, and not an if. For the readers who are not in the … [Read more...]
