Andrew Bleyer's (ableyer) Blog

After the incredible events of this past weekend, record setting rainfalls and major flooding in our community, water conservation in Nashville is no longer just about being green. It's our civic responsibility. The state has ordered a mandatory water conservation effort. One of Nashville's two w...

I have clients buying a home in Williamson County in a community with a home owners' association which strictly deals with the maintenance of a couple of commonly owned amenities (tennis court, playground). The monthly fees for the HOA are minimal. I call the property management group who manages...

Follow this link to watch this short video which does a better job than most originators at concisely explaining the factors which impact long term mortgage rates. http://www.youtube.com/watch?v=vj8bZGkMST0&feature=player_embedded This was put together by one of the faculty at Mortgage Success So...

Here are three upcoming dates I've been talking about with all of my clients and referral partners for the past month. March 31 - Fed purchase program of Mortgage Backed Securities ends. While none of us has a crystal ball for what long term interest rates do, I anticipate rates to rise back to F...

Had coffee with a potential real estate partner earlier today. She mentioned that she had helped a client sell a home last year who was then unable to obtain financing on another home due to the tightening of the guidelines and the full doc world we find ourselves in. My question was, since that ...

Just spent the past 2 days completing the 20 hours of education required by the SAFE Mortgage Licensing Act. For those unfamiliar with the SAFE Act, here is a nutshell version. Part of the Housing and Recovery Act (HERA), the Secure and Fair Enforcement (SAFE) for Mortgage Licensing Act was passe...

Had a couple apply the other day so they could prequalify for financing towards the purchase of their first home. They were in a unique situation in that the primary breadwinner has no credit history and the full-time student has excellent credit history. While I was able to get them pre-approved...

The following guidelines have been put in place by my underwriters, some in response to, some in anticipation of changes from our investors. Credit Scores: The minimum credit score for all borrowers on the loan is now 640 (from 620). The only exception to this is a Bank of America to Bank of Amer...

My wife and I have made alot of changes over the past few years, beginning about the time our first son was born. These changes haven't made a huge impact in our daily lives, but they hopefully have a larger impact on the world we are leaving for our kids. We try to leave a smaller carbon footpri...

While there are tons of posts about this already, most of them focus as much if not more on what I call the "Home" aspects (stability, community, freedom) and the current market specific benefits than homeownership as a long term investment. While I'll touch on some of the current benefits (tax c...