Real estate blog entries tagged with assets

Blog entries tagged with "assets":

assets: Luxury Homes Division in Charlotte, NC - 08/14/08 11:38 AM

Recently, I became a certified Luxury homes marketing professional. This is a new division for my company here at Keller Williams but I know has been an ongoing part of the market for quite sometime now. The things that got me interested in this market were the straight realities of that … (0 comments)

assets: No Asset Verification!!!!!! - 08/12/08 04:49 PM

I have been using this product more and more often lately so I thought I'd put it out there for everyone to see!
No Asset Verification Required on ANY loans.
Loan to Value's up to 80%.
Minimum Credit Score of 650
Interest Only Options Avaliable
No Escrow Account Required
No 4506-T … (0 comments)

assets: News letter-Trend & market demand for Institutional Real Estate Investment sales. - 07/17/08 10:47 AM

News letter-Trend & market demand for Institutional Real Estate Investment sales.
Well Comrades it seems Acquisition demands in low density Multi family and single family homes (REO) and new completed residential Builder product is up on demand from Hedge funds, Trust & Asset managers, etc. Most recent trend on core family living assets. Product such … (0 comments)

assets: Verifying Your Down Payment, Closing Costs, Assets, Income and Debts - 07/10/08 02:14 PM

A critical step in the mortgage loan application process is to verify the sources for your down payment, closing costs and assets, as well as documenting income and debts. The lender uses this step to determine your qualifications as a borrower.
Down Payment & Closing Costs
Documenting that the down payment … (0 comments)

assets: Will Fannie Mae and Freddie Mac's Woes Affect Real Estate? - 07/07/08 05:23 PM

Will Fannie Mae and Freddie Mac's Woes Affect Real Estate? I must admit I do not pay attention to the stock market as much as I used to because it seems like a see-saw. Tonight I did click on the evening news on Google to see what the latest stories were … (20 comments)

assets: Heidi Hawk's Blog: Keeping an Eye on Your Assets! - 06/26/08 04:17 PM

KEEP AN EYE ON YOUR ASSETS!
Now is the time to buy new construction. All of us know that there is a LARGE amount of inventory out there and before the market can "shift" we need to move the existing inventory. Used home short sales and distressed properties (owner occupied homes … (9 comments)

assets: Homeowners don't have to miss payments in order to qualify for short sale - 06/17/08 03:51 PM

I guess the answer will always be "It depends"
A couple of my clients are truly struggling to keep up with their monthly mortgage payments and are finding themselves deeper and deeper in the hole (charging daily expenses to their credit cards because they want to reserve their cash to make the … (7 comments)

assets: Armchair Investing in TX - little hassle, big reward - 06/05/08 01:48 PM

Is anyone interested in a great investment with very little personal hassle? How about working with a company that is guided by honesty and integrity in all business transactions?
Then don’t wait to mark down this appointment on your calendar:
Tuesday, June 10 at 5:30 – 6:30 p.m. PDT
At this … (1 comments)

assets: Using Spidey Sense to Invest in Real Estate - 06/02/08 04:21 PM

Peter Parker could tell you that with great power comes great responsibility.
Let's adjust this adage for the world of real estate investing: With great reward comes great risk.
Many of us shy away from the word "risk", trying to avoid it whenever possible. But is risk such a bad thing?
… (0 comments)

assets: Just another way to pay the government - 05/23/08 11:56 AM

We write a monthly e-letter to our clients on various financial topics, and I started this month's by saying this:
"Benjamin Franklin once said that nothing is certain in life except death and taxes. Did he know that governments would capitalize on these certainties – by taxing death?"
I learned today … (0 comments)

assets: Owner Occupied Properties and Self-employed Borrowers who can’t verify their income.... - 05/12/08 02:43 PM

Commercial loans - Our Best program
* Stated Income - Stated Assets loans from $100K to $2.0M FICO 675 or above. Requiring no personal tax returns. Perfect for owner occupied properties and self-employed borrowers who can’t verify their income. All we need is 1003 (loan application) and a credit report … (0 comments)

assets: FHA Underwriter Eyes - 05/10/08 05:03 PM

It may not take perfect credit, but you better have a good income before applying for FHA Financing.
Typically, an Underwriter looks for employment and income stability. You should have at least a two year documented employment history.
There are no minimum assets required, however, you need to think about who … (3 comments)

assets: What should you look for in a mate when it comes to finances? Tell us! - 04/28/08 08:07 PM

Ok, so, you are single. Looking for nice, attractive, great sense of humor, intelligent, knows how to clean cat litter, or whatever!
Financially, you may not start "sniffing around" on the first date, but by the time you hit the fourth date, you are inquiring somewhat on his/her w'2; net worth; assets; … (10 comments)

assets: LENDERS GOING AFTER YOUR ASSETS AFTER A SHORT-SALE - 04/22/08 01:59 PM

I have a very concerned seller who is up-rooting his family out of California to relocate back to Texas. He will need to short-sale his current home in California and purchase a new home in Texas. Has anyone heard of any banks going after sellers' assets (like a lien against another property … (7 comments)

assets: Do You Have a Mortgage by Necessity or by Design? - 04/15/08 07:03 PM

"This one step - choosing a goal and staying to it - changes everything." ~ Scott Reed, Bob Dole Presidential Campaign Manager The average American has been brought up to believe that paying off their mortgage is a smart financial decision. Considering that the Average American retires later than they want … (0 comments)

assets: So You Want a Mortgage........ - 03/28/08 12:53 PM

YOU WANT MONEY?
Well, it's not as simple as it would appear. More so today, than ever before you'll need a mortgage professional to guide you from the point of application. Through the programs you may (or may not) qualify for and the documentation you'll need to supply. To the actual closing … (9 comments)

assets: Jewelry, toys, and cars are not liquid assets! - 03/19/08 05:54 PM

Have you ever heard this from a client?
"Well my 2007 Camry is paid off and that's worth about $15,000" or "I have a dune-buggy that I paid cash for last year, can't you state that on the application?"
With guidelines tightening up in recent months, and lenders requiring more assets … (0 comments)

assets: How to Prepare for HomeOwnership - 03/12/08 10:48 AM

Buying a home is one of the biggest decisions you may make in life. There are several things you should do to ensure you make the right and best investment. First of all you should get pre-qualified. This is where working with a Real Estate Professional can help take the stress … (0 comments)

assets: REOs - 03/01/08 08:58 AM

We have access to buk REO's at very good rates
We are looking for buyers direct
If you are an agent you would need to sort out a fee with your buyer
Contact me with info on what you seek.
Proof of funds and LOI will be required at a very early stage
Paul@DoynoRealty.com
… (0 comments)

assets: Robbed and Pistol Whipped & in Need of Legal Help - 02/28/08 04:42 PM

Grab this Headline Animator
Getting quick legal help was probably the last thing on the mind of the employee that got robbed and pistol whipped in the check cashing store in Los Angeles the other day. If you check the news you'll see and hear for yourself that this tragic … (7 comments)

assets: Reserve Asset Program - 02/18/08 11:56 PM

Senderra Commercial Funding is presently working with the current owners if in ground and out of ground mineral reserves to provide financing leverage against these assets. These assets include:- Precious metals (Gold, platinum, copper, silver, etc)- Energy (Oil, Gas, Coal, etc)- Minerals or metals over $100/ton- Producing and non producing assets- … (0 comments)

assets: Financial Planning - 02/17/08 08:46 PM

I'm just a independent contractor saving for my own retirement and have seen my net worth grow over the past 15 years. I started out learning from the broker of the company to keep track of my Savings and my debt listing everything on a sheet. Each year I update this … (1 comments)

assets: Just listen to them and they will listen to you - 02/17/08 05:23 PM

It is simply amazing how information comes to me to let you know about what’s going on everyday. Today I was dropping my wife off at a doctors appointment. One of the nurses was sitting outside and admiring my car and we started talking. He’s the same nurse I’ve talked to … (2 comments)

assets: So What is an Asset Anyway? - 01/14/08 10:57 AM

In my last post on this topic I discussed depreciation as an expense. We defined depreciation as the measure of the loss of value of business asset over its useful life. So, now we want to find out exactly what an asset is anyway.
As real estate professionals, I will assume you … (6 comments)

assets: Real Estate Investors - Payers or Players? - 10/17/07 11:15 AM

Ok, I'll admit it. Most every time I hear about Real Estate investment seminars, I think about a guy or gal with half a bag on and no job watching late night TV at 2 in the morning....listening to somebody tell them that they can be a millionaire in just 3 short … (9 comments)

assets: Home staging or home cleanout...develop a relationship with an auctioneer - 08/11/07 06:17 PM

I have read many posts about home staging (which I really do think is a good thing).
As an auctioneer, however, that got me to thinking...
Essentially, it all boils down to this... Do you have a client who:
1. Needs to clear out the clutter in their house before selling? An auctioneer … (2 comments)

assets: Why REO Managers should use the Auction Method to Liquidate Properties - 05/23/07 09:11 AM

Baltimore, MD. - Advantage Real Estate Auction Sales, LLC. a local real estate auction firm based in Maryland is pleased to announce its involvement with local Loss Mitigation, and REO asset managers to assist them with liquidating under-productive inventory.
Our full service marketing team understands the needs of REO managers. Their portfolios are filled with … (1 comments)

assets: Documenting Assets - 05/09/07 10:45 AM

Verifying Your Down Payment,Closing Costs, Assets, Income and Debts
A critical step in the mortgage loan application process is to verify the sources for your down payment, closing costs and assets, as well as documenting income and debts. The lender uses this step to determine your qualifications as a borrower.
Down Payment … (4 comments)

assets: If real estate was viewed as an investment would you...Buy, Sell or Hold? - 03/28/07 04:51 PM

I was just watching a discussion on CNBC that was discussing invenstment in real estate, real property in light of the current real estate market. It was interesting to hear the opinions of the panelists, but one item stood out. It gave room to stop and pause and think...In uncertain times, … (17 comments)

assets: Do you think your home is your greatest asset? - 03/03/07 11:05 AM

Most people we speak to in the real estate biz think that their home is their most valuable asset. Unless they live in a multi-family that generates positive cash flow they are seriously mistaken. Put quite simply an asset puts money in your pocket. If your house is costing you on a monthly … (1 comments)

assets: The Preapproval Letter Defined - 01/20/07 03:24 PM

The preapproval letter is a tool typically drafted by a loan originator to be used by a buyer's real estate agent when presenting an offer on a property. The letter may be in the form of a certificate or be an actual letter on the lender's letterhead. The preapproval letter is … (5 comments)

assets: Get Cash Now!!! - 12/08/06 06:14 PM

I am sure that most, if not all, of us have seen the JG Wentworth commercials advertising, "Get your cash now!"
Did you know that this is a great source for home buyers with structured settlements to raise money for a down payment or closing costs?
A potential borrower who has a structured … (4 comments)

assets: What are lenders really looking for? - 11/02/06 10:53 AM

Lenders will initially look at:
Employment
Income
Assets
Some kind of credit
Employment - Employment is a critical part of the mortgage application. Being employed continuously for the past two years is helpful. Being in the same line of work is preferred, since it shows that you have been consistent in that field. … (1 comments)