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Industry Observer - CDRE #01044712

ARCHIVED BLOG POSTS

2010 

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FHA has tightened it's lending requirements in order to maintain their capital reserves and manage risk better.  Here is what a recent article in Realtor Magazine had to say.  They are raising the upfront mortgage insurance premium (effective April 5th), increasing the minimum down payment for so...
02/24/2010

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This is a great article provided by Larry Brauner. 10 Types of Widgets for Your Blog or Website Desiree SavoryYour Personal Computer CoachGet computer software tips at www.DesireeSavory.comSign Up for Online Classes at www.BigMamaRealEstate.com View Confidentiality Agreement at http://www.desiree...
02/24/2010

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Ross providing a list of tax credit for home owners.Tax credits for Homeowners exist for energy efficient updates to existing homes. With all the activity being directed towards all the new homebuyers $8,000 tax credit and repeat buyers up to $6,500 credit, there are other tax savings available t...
02/24/2010

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Have you had an opportunity to review the Homeowner Affordable Foreclosure Alternative (HAFA) plan which goes into effect on April 5, 2010?  If not, and if you're involved in real estate, I encourage you to read through the 43 page plan (found by clicking HERE) as it has the potential to greatly...
02/23/2010

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Steve Cook wrote an important blog about the future of housing market.With healthy inventories, 3 million foreclosures, more and more short sales, falling values, rising vacancy rates, shrinking rents and one third of all homeowners underwater, could we possibly be heading for a national housing ...
02/23/2010

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A very good blog by DanHome Shopping Step 3, Location, Location, Location Another Real Estate cliché, this one is true on many levels.  Where you want to live is critical to you, your resale value, your long term satisfaction and the relative affordability.  Granite counters and 5 piece master ba...
02/23/2010

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Kari posted a blog that I want to share.Recently a homeowner who was unhappy with their agent called me to preview their home and give them my suggestions.  I thought - great, an opportunity to pick up another listing.  When I arrived the homeowner showed me around but something just did not feel...
02/22/2010

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 Good morning! Today is February 20, 2010.   On this date in Medieval History:   Notable Births 1494 - Johan Friis chancellor (Denmark, helped establish Lutheranism) 1500 - Charles I, King of Spain 1507 - Gentile Bellini Italian artist (Sultan Mohammed II) 1523 - Jan Blahoslav Czechoslovakian hum...
02/22/2010

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 Good morning! Today is February 20, 2010.   On this date in Medieval History:   Notable Births 1494 - Johan Friis chancellor (Denmark, helped establish Lutheranism) 1500 - Charles I, King of Spain 1507 - Gentile Bellini Italian artist (Sultan Mohammed II) 1523 - Jan Blahoslav Czechoslovakian hum...
02/22/2010

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Nevin posted a good blog about Fed raises discount rate. Commentary I'll explain in the easiest terms possible. The fed says that this is not a signal that they will be raising interest rates but a majorty of Wall Street investors disagree.  The feds raised the discount rate from .50% to .75% soo...
02/22/2010
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