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freddie mac: Do You Need a Real Estate License to "Flip" Properties? - 07/27/07 01:09 PM
You buy a property, you flip it, you profit. Does this require a real estate license? In most cases, the answer is "no". Real estate brokerage is an activity regulated by states on their own terms, thus each state defines which activities require a license. There is a lot of vagueness and ambiguity in some of the state licensing codes, as well as "gray areas", which complicate the matter. Furthermore, if you vary the techniques and your business practices beyond the scope of what I teach in my course, it is not always clear how the state authorities might view your … (6 comments)

freddie mac: Freddie Mac Home Possible Program - 07/26/07 12:13 PM
Effective recently, conforming lenders will accept loan submissions and locks for the Freddie Mac Home Possible program. Details for the program can be found at http://www.freddiemac.com/homepossible/ or you can check out the program matrix for the My Community and Home Possible programs on most rate sheets. You must be approved by Freddie Mac to utilize their Loan Prospector underwriting engine. You can visit their website at http://www.loanprospector.com/signup/ for details.Personally, I think the Home Possible program is going to be a spitting image of what MyCommunity was earlier this year - a flexible 100% loan program with reduced MI and a 1pt … (1 comments)

 

Justin Kaatz, CMP

Madison, WI

More about me…

ASAP Mortgage

Address: 1250 Femrite Dr, Suite 105, Madison, WI, 53716

Office Phone: (608) 237-8900 x 14

Cell Phone: (608) 347-3424

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Hello everybody my name is Justin and I'm a Licensed Mortgage Professional serving the whole state of WI. I am looking to pick up some useful information and possibly establish a few relationships through this website and blog!


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