ARCHIVED BLOG POSTS
2013
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I just "stumbled" on this and realize this is a fantastic law for all Salespeople, Realtors, and Mortgage Brokers. I was a Scout and realize after so many years the influence this Scout Law has had on my life. It could so easily be a Sales Law. The Boy Scout Law A Scout is Trustworthy.A Scout...
11/25/2013
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Short Sale Update from the California Association of Realtors. The IRS has clarified in a letter click here to read the letter) that California’s troubled homeowners who sell their homes in a short sale are not subject to federal income tax liability on “phantom income” they never received. T...
11/21/2013
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When the HARP program came out so many people were turned down and became frustrated. The program has finally "settled" and can be done in a reasonable time frame. Below are the guidelines for the program and the sites to look up to see if a loan is owned by Fannie or Freddie. You may be eligib...
11/19/2013
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Broker Price Opinions I do BPO's or Broker Price Opinions and those are different than a full appraisal. First, I am not an appraiser but I am a Real Estate broker who has been working in Santa Clara county for 40 years and do know residential values. One article on line said that the diffe...
11/18/2013
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The article below was written by Ryan Smith for the Mortgage Professional American. Based on this article and other articles I have read and studied, and how many groups are putting pressure on the FHFA, it is my guess that loan limits will not be reduced.------------------------------- The acti...
11/01/2013
Rainmaker
376,831
376,831
Doug Jones
Mortgage Broker - NMLS 286668