Archives of real estate blog entries for June 16, 2012 (Page 33)

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Fact Sheet: Mortgage Servicing Settlement - 08:08 AM
http://fhacondosapproval.com
Financial Relief for Homeowners: The servicers will be required to dedicate $20 billion to various forms of relief to borrowers.
Principal reduction. At least $10 billion will be dedicated to reducing principal for borrowers who, as of the date of the settlement, owe more on their mortgages than their homes are worth and are either delinquent or at imminent risk of default.  Refinancing. At least $3 billion will be dedicated to a refinancing program for borrowers who are current on their mortgages but who owe more on their mortgages than their homes are worth. All borrowers who meet basic eligibility criteria will be … (2 comments)

Good Times - 08:50 PM
Well it has been a great season in Traverse City, Happy Father's Day out there hope it is a great and safe day for everyone out there!
… (0 comments)

Pacifica CA HECM Reverse Mortgage, Lenders, Banks, Rates - 11:56 AM
Call Toll Free 877 700 0534
Pacifica California reverse mortgage
saver reverse mortgage Pacifica CA
Searching for the best reverse mortgage bank in Pacifica California? we can assist youWith one of the largest network of reverse mortgage lenders, we make it easy for you to comparison shop and receive the best HECM reverse loan in Pacifica CA.Reverse mortgage what is it?A reverse mortgage is a loan that allows elderly borrowers to access their equity without selling their home. With a reverse mortgage, the lender makes payments to the borrower – i.e. the reverse of a normal mortgage. The loan is repaid … (0 comments)

Mulberry bags are actually well-designed to be special - 12:21 AM
Designer label Mulberry Plastic bags are typically guarantee an awfully important A designer handbag is normally incisive in Must-have Gadget Wish-list of each lovely women. The actual phenomenal skillfullness as well as stunning design using separately attached out and about created draw usually are elements that the majority of a lot of women wishes to discover in your bag. Developer mulberry wholesale handbags have conviction a very found it necessary to quite a few very same garments. Nyc Vogue 1 week Fall season in 2010 transmitted a person component who snared nearly everybody indicated were being trendy pockets with varieties of … (0 comments)

Crowd Funding for Real Estate Investing - 03:15 PM
 
I’m stealing! Well, not really… I like to call it sharing. As I have been working on my business, (Upward Home Investments) plus spending some time out of state, I haven’t had time to sit down and update my blog page. I did come across a very interesting article on ways to raise private money on the Fortune Builders blog page. I actually have gotten a lot of education from this group and decided to share this article.
 
I plan to do this “copy & paste” route on a regular basis, as I do want this to be … (0 comments)

DO YOU LOVE WHERE YOU LIVE? - 07:44 PM
In talking with buyers and sellers I always ask the questions "where would you love to live" and "do you currently love where you live"? Do you want convenience or sanctuary? I do get conflicting answers and it just depends. With convenience comes a quality of life because people don't usually just work 8 hour days its more like 9, 10 or more hours, factoring the long days, the commute to work and gas prices its really no surprise the more people I talk to prefer the to life close to work and will make that sacrafice of not loving where … (2 comments)

The Three Most Common Mistakes Real Estate Investing Newbies Make - 11:25 PM
New real estate investors usually see this enterprise as a one-time acquisition that blissfully pays you back each and every month with a hefty profit margin. To a certain degree, this dream is true, however successes in real estate investing usually requires a lot more. A large number of newer investors make the very same well-known pitfalls which might be damaging to an investment decision paved with very good intentions. Keeping away from these traps could be the difference between real estate mogul and real estate grieving. 
#1: Leaving Your current Day Job: This is a case of fundamental economics. The … (3 comments)

How do you see the market in the next two years? - 12:13 PM
Reports surface every day from quote “reliable sources” about the condition of the housing market in New York. So I figured I get an opinion from the real experts, the realtor community, the men and women who have boots on the ground every day. I’ve been looking to expand my business before the next wave and want to gauge whether I should wait or move forward. I’m looking forward to opening this discussion. Please be respectful of everyone’s opinion. Thanks, Anthony Reyes Mr. Realty Partners Corpwww.mrrealtycorp.com
… (0 comments)

5 bedroom Harbour Cove home for sale in Huntington Beach - 12:08 PM
There are not many 5 bedroom homes for sale in Huntington Beach and they are selling fast. Make your offer count by having your mortgage financing arranged in advance. Contact Kevin Michael Melody, Buyer Referrals Coordinatory at AmeriFirst Financial 714-603-9791 www.kmichaelmelody.valuedlender.com … (0 comments)

2 bedroom contemporary townhouse in Huntington Beach - 09:15 PM
Homes are beginning to move again in Huntington Beach and inventory is low. This property will not last long at this price. Make sure your offer counts by having your financing arranged beforehand. Contact Kevin Michael Melody, Buyer Referrals Coordinator at AmeriFirst Financial. 714-603-9791 or kmichaelmelody.valuedlender.com … (4 comments)

$99,900 Fort mill home in great location - 11:59 AM
Short sale listing, Fort mill  Schools.  the home is on two lots for combined lot size of 1.10 acres.  Overlooks a private pond that does not come with the property but cannot be used with permission.  The home is in fair condition.  I need some work, but the owners will not do repairs.  This would be a great investment opportunity with a rental opportunity of $1300 a month.  Three bedrooms, hardwood floors throughout one full bath.  Large rooms, great room, living room with fireplace, heated and cooled sunroom with a half bath, large storage shed or workshop behind the house.  The … (0 comments)

Harp 2.0 Frequently Asked Questions Update 05-15-2012 - 03:00 PM

Fannie MaeFannie just clarified that if you are using HARP to refi your current mortgage, they will require more documentation if you have very little, or no equity in your home.
Rule Synopsis:
FNMA has issued 12 new questions with answers, as well 20 updated existing questions and answers.
Many if not most are related to the April Update to DU 8.3 which was covered in the May 2012 Mortgage Currentcy issue under the title of: “DU Version 8.3 April Update (HARP 2.0 Appraisal Enhancements)” and to the FNMA Selling Guide 2012-04 which further enhanced the Refi Plus and DU … (2 comments)

The ActiveRain Point System - 03:46 PM
This is terrific information for a New Rainmaker.  A great resource that gives you step by step guidance on how you can build you points within Active Rain.  I hope that you enjoy it as much as I am!
 
Via ActiveRain Corp.:
The ActiveRain Point System
ActiveRain awards members points based on participation and their individual involvement within the network and community.  While there is a much more complicated and technical explanation of how the point system works, this post is to provide you with a general overview of how points are earned and distributed to all ActiveRain members.
ActiveRain points … (4 comments)

EIFS - A potential disaster - 02:58 PM
Does everybody know the hazards of siding in the Puget Sound area?
… (0 comments)

The House Hunters show is Fake?!? - 09:24 PM
Recently, we learned that one of our beloved reality shows, House Hunters, is a fake. Apparantly, they would find couples who already found a home and then ask them to tour other homes for the show (some of of which weren't even for sale!).
The best comment about this story was "If you are looking for reality in your life, stop watching tv and go outside".
I must admit. I was a sucker for House Hunters and continue to be for a few other reality shows. I spent every Friday night for the last 9 years watching this show and for what?!? 
Seriously, I only watched House … (4 comments)

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