Vermont Mortgages - Investment Property Refinances - 01/22/10 01:25 PM
Vermont Mortgages - Investment Property Refinances
A lot of investors with Vermont Mortgages on their investment properties have been asking me if they can refinance their Investment Property Vermont Mortgages to take advantage of these historically low interest rates before they disappear.  The answer: a solid MAYBE.  Don't you just love lending nowadays? ;)
There is a wonderful way to refinance those Investment Property Vermont Mortgages right now if the mortgage is owned by Fannie Mae or Freddie Mac, & you can otherwise qualify for a mortgage.  Yes, this means that you have to have the income & documentation to support it, people!  I … (0 comments)

Vermont do You Know about the Veterans Memorial Red Brick Walkway - 01/20/10 12:21 PM
WIth much love for our veterans, please read this post, and take care of those who take care of us.
Via Dale Baker,The #1 Home and Commercial Properties Inspector-in VT-on AR (Baker Home,Commercial Properties Inspections and Consulting):
Vermont do You Know about the Veterans Memorial Red Brick Walkway,The Voluntary Services at the VA Medical Center in White River Junction, is doing a mighty good thing. A Veterans Memorial Red Brick Walkway.

The Red Bricks can be ordered for veterans past and present through the VAVS Executive's Committee by filling out a form. The cost of one of the red bricks is $50.00 … (2 comments)

Vermont Mortgages - Short Sales hijinks - 01/19/10 01:08 PM
Vermont Mortgages - Short Sales hijinks
I wake up coming in to work every day as a mortgage lender writing Vermont Mortgages believing that one day soon I will come in and not be baffled by some of the stories I hear.  I guess that's not today.
The shocking news of the day?  SHORT SALES!  No, it doesn't have much to do with Vermont Mortgages, but in a news webisode posted today by the guys over at Think Big Work Small (http://www.thinkbigworksmall.com/mypage/player/tbws/22129/1020959), they reported that some banks with 2nd mortgages on properties going to auction would actually demand money from realtors OUTSIDE of the … (0 comments)

Vermont Mortgages - Home Prices going down even lower? - 01/15/10 01:51 PM
Vermont Mortgages - Home Prices going down even lower?
I want to remind everyone to please help out the earthquake victims in Haiti!  Please see my reblog from yesterday just below this entry on how to help!
You might not think they could be, but an article posted on CNN Real Estate begs to differ.  They cite 3 reasons why the market will see potentially lower real estate home prices this coming year:
1) A new flood of Foreclosure Homes hitting the market, 2) rising interest rates and 3) the end of the tax credit. http://money.cnn.com/2009/12/31/real_estate/home_price_drop/index.htm
Not welcome news, to be … (0 comments)

Bloggers Helping Haiti, blog REsources, marketing news - 01/14/10 03:09 PM
Here is a wonderful post on how you can help increase your impact by donating to victims in Haiti.  Please help as much as you can.
Also, some good tips on marketing below...
Via marti garaughty (The Art Of Marketing YOU):

 Hi guys, this morning I received an email from a friend who wanted to organize something to help out with the awful earthquake disaster in Haiti.
 Rather than doing something small and on our own, I decided to check out the news feeds, Twitter, etc. and sure enough there were a ton of great ideas already put together so I … (1 comments)

Vermont Mortgages - Update on Foreclosure filings in Vermont - 01/14/10 02:45 PM
Vermont Mortgages - Update on Foreclosure filings in Vermont
Thanks again for stopping in, everyone, for your mortgage market news.  Today the big story is foreclosures in 2009, since we now have the final numbers in to see how our efforts worked in stemming the number of Vermont Mortgages affected in 2009.
The good news?  Vermont filings for foreclosures are among the best in the country, as less than 1/2 of 1% of homes in Vermont have been foreclosed on in 2009 for defaulting on their Vermont Mortgages.  http://money.cnn.com/news/storysupplement/economy/foreclosures/index.html?cnn=yes&hpt=Sbin This means that Vermont Mortgages are some of the best performing loans in … (1 comments)

Vermont Mortgages - Halloween in December? BAILOUT MODIFICATIONS TANK!!!!! - 01/13/10 12:29 PM
Vermont Mortgages - Halloween in December?  BAILOUT MODIFICATIONS TANK!!!!!
I agree that the government needs to regulate the mortgage and lending industry, Vermont Mortgages included.  Rampant greed has taken far too much steam from the market and tricked all sorts of people into bad lending decisions, so the fact of the matter is, a governmental oversight function is clearly needed to create a uniform lending model that cuts out risky loans from ever hitting the market, and therefore minimizing how many people are dealt with unfairly.  If certain programs, like the one month adjustable rate mortgage, had been illegal from the beginning, … (2 comments)

 
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Alexander B. Pastewski, JD

Burlington, VT

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Address: 298 Mountain View Dr., Colchester, VT, 05446

Office Phone: (802) 660-9333 x 161

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A quick hit blog by a leading mortgage expert relating to all things related to Vermont Mortgages. If you are in Vermont and want some info, you've found your home!


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