ARCHIVED BLOG POSTS
2012
“Mortgage Fraud Cases Fall to the Lowest Level Since 2009" That is really good news for the mortgage industry and about time. It is so frustrating for all of us to continue reading about mortgage fraud cases time and time again. There is no room in our industry for any kind of mortgage fraud. U...
06/05/2012
5
Comments
"Painting Tin/Aluminum Siding” In my house flipping business I have been painting Aluminum siding for more years than I can remember. Here is the rule for me, if the siding is damaged beyond repair I replace it with vinyl siding. Very often it will be a certain area, that is damaged, so I can tak...
06/05/2012
6
Comments
“Short Sales Get a Boost” Second mortgage holders have always been a problem, when it comes to getting a short sale approved and understandably so. They can now get up to $8,500. The treasury increased the amount that the second mortgage holder can receive by $2,500. This is welcome news to the r...
06/04/2012
“No Common Sense, When it Comes to Reporting Housing Data” Below you will see two different headlines, in the same paper that totally contradicts one another. It is amazing to me how they use words like “PLUMMET”or “LOWEST LEVELS”. I don’t know how you can take certain information from particul...
06/03/2012
9
Comments
“Dropping the Sales Pitch” A couple of months ago, I received a referral from an AR member from the Atlanta area. She told me that she had a friend from MA, that wanted to refinance he condominium. She told me that the condo was valued at $500,000 and that the existing mortgage was $350,000. She ...
06/02/2012
4
Comments
“60 Day Extension for Flood Insurance” This is crazy, why can’t this bill get a long term extension? Why do we have to keep going through this process every few months? Why does this have to be a political issue? The last I knew the folks in Washington are supposed to be working for their constit...
05/31/2012
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