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bank owned: EXTENSION PLEASE! Offering perspective on why. - 04/16/08 09:40 AM
Can we get a 1 week extension please? I continue to hear that escrows are not closing on time.(not my deals of couurse:) I have come here today to offer my opinion on this subject matter. As we all know the times have changed. Many of the sellers in today's market go by the names Countrywide, Washington Mutual, and Aurora Loan Services not Bob aand Suzie Smith. The sellers are motivated to sell but at their pace and on their terms. Not only do they ask the buyer to get pre-approved through their bank to retain more money but they also take … (0 comments)

bank owned: Pre-approval Letters devalue like the dollar! - 04/10/08 08:25 PM
As the value of the dollar continues to crumble so too does the value of the pre-approval letter. For a long time we wrote, as Brokers, a pre-qualification letter and we gave that to the consumer. This letter was the letter that they would show to their Real Estate agent and it would accompany the offer. Then the boom came and Real Estate agents were swamped and so were we so the need for a PRE-APPROVAL letter became the dominant force.
Let me pause for a moment and explain the difference. A pre-qualification letter can be given to any walking soul … (20 comments)

bank owned: Can I please ask Why? - 04/09/08 09:33 AM
The other day I got stuck on a show on HGTV for first time homebuyers. The show was called "property virgins." The couple was clearly scared out of their wits to buy their first property and are teamed up with a Real Estate agent who shows them three properties. In the end they choose one blah blah.........
What I really want to know is gonna make some readers angry and I wanted to say first, "I'm sorry." This is not intended to be an insult. While watching the show I got to see first hand what I have been dealing with for the last several … (10 comments)

 

Matt Freeman; Broker- California Mortgages

Roseville, CA

More about me…

Capitol Mortgage Corporation

Address: 1540 Eureka Road Suite 100, Roseville , Ca , 95661

Office Phone: (916) 960-0395

Cell Phone: (916) 402-5948

Email Me

This blog will contain information based on my thought s for the week. I am rather optimistic person so if you here pessimism in my blog usually I am making a point. I look forward to writing and reading many blogs.



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