Real estate blog entries tagged with real estate by GetPrequalified.com LLC

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real estate: Your client may be losing their heloc, you may be losing a deal - 05/19/08 06:04 PM

Unfortunately my predictions have come true. Both of my home equity lines were cancelled. I had one on my primary and one on my rental property. Second mortgage companies are cutting their exposure and reducing or cancelling outstanding untapped or not fully used credit lines.
I just had a client that … (2 comments)

real estate: 100% financing in Maricopa County - 12/23/07 07:56 AM

100% Financing is officially dead in Arizona in Maricopa county. Fannie Mae is now hitting every loan file that has declining market check on the appraisal an additional 5% reduction in value. I just had my first loan file get shot out of the water. If you are a lisiting agent … (2 comments)

real estate: GetPrequalified.com and PropertyNut.com enter a Joint Venture Agreement - 12/23/07 01:18 AM

As of December 21, 2007, GetPrequalified.com and PropertyNut.com have entered a Joint Venture agreement. PropertyNut.com will be listed on all of GetPrequalified.com's city pages. GetPrequalified.com will be listed on all PropertyNut.com listing pages. Further details will be disclosed at a later time.
For further inquiries please email dmmason@getprequalified.com
… (2 comments)

real estate: Countrywide 10-Q - 12/07/07 05:42 PM

I thought someone might be interested in this.....
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001047469-07-008902&Type=HTML
There has been a lot of conversation about Countrywide lately.
Dave Mason
http://getprequalified.com
http://bigdaddydata.com
http://piddleport.com

… (0 comments)

real estate: A Refi after taking your home off the Market? - 11/20/07 02:12 PM

You may be suprised to find out that you will have to wait 3 months to refinance your home after pulling it off the market. This is a new change that is getting some homeowners into trouble. The investors are pulling back accross the board. Just something to be aware of.
For … (6 comments)

real estate: Jumbo Mortgages are back - 11/19/07 09:52 AM

When the subprime meltdown occoured, subprime mortgage weren't the only thing to melt down. Jumbo mortgages took a major hit. they went from the high 6's to the low 8's. They moved back again and how. You can now get in the low 6's again. One of the wholesalers we use … (1 comments)

real estate: HR 3915, mortgage bill update - 11/16/07 11:48 PM

It looks like the yield spread issue has been resolved. Consumers can still use yield spread for closing costs. The National Association of Mortgage Brokers stance was that even if it passed the house and senate, Bush would not have signed it. It would have dipped to much into hud and … (3 comments)

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