loan: Finally - Jumbo Loans May Get Some Help... - 01/24/08 11:09 PM
If you are a homeowner trying to sell - and your property is over 500k in value - you were probably hurt by the fact that after the lending crisis started - rates for jumbo loans were jacked by 1-2 percent or more over existing conforming loans under 417k.That meant that … (1 comments)

loan: Link to Kiplinger's Personal Finance Article - In a Market Where Negotiation Counts.... Find an Exclusive Buyer Agent - 11/26/07 05:53 PM
Kiplinger's Personal Finance Article - In a Market Where Negotiation Counts.... Find an Exclusive Buyer Agent The article states, "In a market in which negotiation counts, you'll do well to hire a buyer's agent to help you identify good prospects and to frame and negotiate your offer (to find an exclusive … (0 comments)

loan: Joint Venture Agreements Between Brokerages and Wells Fargo Allow Brokerages to Collect Funds For More Referrals to Wells Fargo Loans - 11/26/07 04:12 PM
Recently - the founder of Long & Foster, the Washington DC area's  largest residential real estate brokerage, urged his thousands of agents to recommend the company's in-house mortgage lender more often and stop working with outside lenders such as Bank of America. In an e-mail to all Long & Foster agents and managers, … (0 comments)

loan: With an FHA Loan - you can include costs of home improvement into your loan - 07/17/07 02:36 PM
With the decline of sub-prime lenders - FHA is looking better and better.  They just never marketed their programs well - so FHA loans have been declining in numbers for the past few years - though that may change.. With a FHA loan you can include the costs associated with  home improvements … (4 comments)

loan: Loan Rate Buydowns are a Good Option for Buyers (and Sellers) at the Moment.. - 02/08/07 01:39 PM
We recently had a buyer client get a rate reduction from 6.25% to 5.5% by having the seller pay points, and we also had all their closing costs paid (in addition to nice"price-off.")    Sometimes - it is to the seller's advantage to pay points versus engage in a larger price reducction … (0 comments)

 
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