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This is not a Halloween joke and yes it is just the hard cold reality that we do live in a very scary industry right now. As of this morning, one of the largest investors in mortgage back securities, is now requiring a 640 FICO score on all FHA loans. This will more than likely trickle down to the rest of the industry and other investors will probably follow suit quickly.
Interestingly enough you may pop-up on a FHA GSA/LPD list and if you do you might be surprised.
Just when you thought it couldn’t get any harder to qualify for a home loan …
Top 10 Houses to Avoid while Trick-or-Treating
I joined Active Rain back in November 2006 to unlock the potential of Realtor to Realtor referrals since I work for small independents! I wanted to find good resources for *my* clients being such a newbie to the biz.
About as private as you can get in a townhome community! No units directly behind you or on your side of the building. Great view of mountains from every window. Community park with picnic tables, grills & playground. Includes refrigerator, washer, dryer. Low HOA fee of $110 reduced to $100 if set up on auto-pay through the association. Fee covers Water/Sewer/Garbage/Exterior Insurance/Lawn & Grounds Care/Snow Removal. More Info At: aspenvillagetownhome.BestPricedHouse.com/ … (0 comments)
CDPE Designation: Day 2
It doesn't matter if you're buying or selling a home, consulting an experienced Tampa real estate agent is a smart move. Here are five steps to finding your perfect agent:
Las Vegas housing inventory is declining. Investors in Las Vegas & Henderson don’t seem to be going away. Some buyers are facing a daunting task of 30, 50 even 100 offers on bank owned properties, says a local real estate agent Stuart Shienfeld. The public property records show that 45 percent of the Las Vegas buyers in August purchased homes with cash. This has forced most buyers to start putting offers on short sales which can take up to 6 months to close. Short sales in Las Vegas are making up more than 50% of homes on the market; nearly 7,800 … (0 comments)
Leisure World of Maryland Homes for Sale in The Greens Condos
I Had It EasyYou know, I think I got off easy when I first started doing listing and buyer presentations. You see, I worked in Connecticut and on the Connecticut forms, there was a clause that read:
Is this a new organic staging approach that didn't get enough publicity? Is it a local Cary, NC, thing, or is it featured on "Divine Design?" Or some other HGTV show? "The Stagers," maybe?
In the world of a Sacramento short sale agent, there is no such thing as a normal workday. Every day has its little frustrations. People may make promises that they don't keep. Other people might be unreasonable and demanding. I may explain 10 ways from Sunday how to submit an offer to a buyer's agent, yet the offer arrives incomplete. It's just another day in the neighborhood. I let this stuff roll off my back and focus on the big picture, on what's important.
When I launched a monthly Las Vegas email mortgage and housing newsletter a few years ago the main challenge was to produce articles with solid content for my past customers and those who had signed up for it. The plan was to have four articles in each issue. To write in the last week of every month four of them just for this purpose seemed like a lot. But around that time I joined ActiveRain and began blogging here and soon enough this great big light bulb goes on in my head. Why not use recent mortgage and real estate posts … (4 comments)
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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