Kendall Matthews' Adventures In Door Knocking

Home : Blogs : Kendall E. Matthews : Kendall Matthews' Adventures In Door Knocking : Archives March, 2008

Fannie Mae Increasing Rates Dramatically - 03/26/08 10:52 PM

Fannie Mae and Freddie Mac will be increasing their rate adjustments effective immediately. The following factors will determine interest rates: If a borrower has a LTV above 60% there will be a pricing hit.If a borrower has a FICO score below 720 there will be a pricing hit.If a borrower … (5 comments)

New Appraisal Requirements for Extreme Declining Markets - 03/24/08 08:51 PM

Arizona, Nevada, California, and Florida are currently classified as Extreme Declining Markets by Fannie Mae and Freddie Mac. As a result of this new classification, FNMA and FHLMC will require the following on all appraisals (this only applies to declining market areas):1. The most recent and similar comparable sales available as … (4 comments)

The Four Things You Must Know Before You Invest In Anything - 03/20/08 09:41 AM

Have you ever wondered what successful investing requires? I have found four key ingredients that have made all the difference in my career as a real estate investor. These four key ingredients are motivation, determination, education, and consistency.
The first ingredient to success is MOTIVATION. Motivation is the catalyst that spurs us … (0 comments)

Why It Now Makes Sense To Look At Real Estate Potential Uses - 03/04/08 09:55 AM

I would like to talk to you about a topic that is unique and exciting to real estate investing in your area. Once I purchase a property, I immediately put the property up for sale again. I then market its potential and future value. This method distinguishes my program from other … (2 comments)

Related Links:

New members in March, 2008