down: Mortgage applications fell by 9%, is that true? - 06/30/08 12:13 AM
I heard a report yesterday on the local business radio station here in town that said mortgage applications nationwide were down by 9% in the last month. Wow, that scared me a little and I called my two main mortgage brokers and both said that, overall, yes with the rates climbing,
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down: College Parents benefit from "Kiddie Condo Loans" - 06/14/08 06:46 PM
Despite its relative obscurity, a great investment tool for college bound students is growing in popularity among savvy college parents. The FHA loan program, affectionately nicknamed "Kiddie Condo Loans", is one of the best programs out there to help jump start a student's credit and provide a low down payment option
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down: 2 Ways to Obtain 100% Financing, Even Today - 06/02/08 01:09 PM
A substantial proportion of my business over the past two years has been to clients who have tried and tried, but who have never quite been able to save money. I'm sure you've met them. Whether it's been a question of supporting relatives, financial hardship, or just simple overspending, there are
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down: HomeBuyer Seminar in Plano-Frisco, TX - 05/31/08 05:32 PM
Please join us either June 4th or 11th
Call for reservations 6:30pm to 8:30pm 469-429-0160 Leave name, number and DATE!
Refreshments will be served.
Click here to check outThe Frisco Real Estate Buying!
See you there!
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down: Just a little piece of land? Please? - 05/09/08 05:19 PM
Okay. Gas is getting pretty pricey. I'm not doing any unneccessary driving...Driving is part of my livelihood. I am cutting back on my driving, but I can only cut back so much in my line of work.
My question is - Can't we use some land in Alaska (or wherever) to
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down: Down Payment Assistance Programs likely here to stay - 04/25/08 06:29 PM
This article was originally posted on DothanHomeSearch.com
From an email I received a couple of days ago-
Judge Lawrence K. Karlton of the United States District Court for the Eastern District of California upheld Nehemiah’s motion for summary judgment and invalidated the U.S. Department of Housing and Urban Development (HUD) rule
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down: What drives the interest rates up or down? Did you know? - 04/19/08 03:45 PM
SO many people believe the Federal Reserve controls our interest rates. If the public hears the prime rate was lowered or the discount rate was lowered, the phone start to ring at mortgage companies. How many of you know that what really drives the rates is: How the overseas investors view
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down: Avoid The Red Tag!!! - 04/07/08 02:59 PM
Have you ever noticed clothing sales that advertise "seconds" at greatly reduced prices? The "second" quality merchandise may exhibit flaws like uneven seams and pulled stitches, and capitalizes on the slightly lower quality in exchange for a lower price. Much like those "mark downs," a home being offered for sale with obvious
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down: How to Save for Your New Home: 5 ways to build 3% - 04/04/08 01:36 PM
In the last century, the required down payment for a home purchase changed significantly, decreasing from 50% of the price to 20% to as little as $0. Recently, though, banks have started to ask for more. For most homebuyers, without a special deal through an organization like Nehemiah, 3% investment is
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down: Turn the market on it's head... sell for LESS & make thousands more than in a hot market. - 03/31/08 12:18 AM
If you are moving up in price to your next home then waiting to make that move may cost you thousands of dollars! Here's How: Perhaps you want to sell your home and move up to a larger home and you are considering waiting until the market "improves" so that you can
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down: SACRAMENTO - FHA REHAB LOAN - FIXER UPPERS - 203k vs 203k streamline - 03/26/08 06:50 PM
There has been some talk about these two programs lately. I'm actually surprised that more people don't get involved in the FHA rehab loan. It seems like in todays market place with so many bank owned homes that need some serious TLC, an FHA rehab loan would be perfect. This blog
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down: Sacramento - Importance of FHA in this market - 03/25/08 02:51 PM
I am still surprised every day how many people are clueless as to what's going on in the lending industry. Let me put it this way, anyone that's selling or financing real estate in the residential market, if you don't have a solid FHA connection you are WAY behind the curve
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down: New Home Buyer Tips in Texas - 03/25/08 12:21 PM
Have you started to look at buying your first home? If so, please print a copy of this and share it with everyone involved in your purchase (wife, girlfriend, boyfriend, hubby, partner - whomever)... 6-9 months before you are ready to move... 1) Do not buy a new car, boat, motorcycle or any
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down: 97% Government Loan Programs - YES, I said 3% down! NOW! - 03/13/08 06:57 PM
OK, here's the scoop. We can utilize government loan programs to buy homes with only 3% down payment. In some high cost areas, you can buy a home up to $750,000.
I am going to try and embed a video here for your viewing pleasure.....
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down: Should You Leverage Your Home or Pay It Down Rapidly? - 03/06/08 11:14 PM
There is a great debate within the inner-mortgage circles these days. Should we, as loan professionals, encourage clients to borrow as much money as possible? Or would consumers benefit more if we helped them to understand the advantages of 15-year amortization schedules and pre-paying principal? Let's examine the pros and cons
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down: The Truth About the Mortgage Market - 03/06/08 10:51 PM
Subprime mortgages have now been credited for bankrupting well over 110 lenders and seriously damaging operations at many major mortgage firms. They've reportedly wiped out 5 hedge funds, tens of thousands of jobs, and have led to millions of foreclosures with millions more on the way. And, as if that weren't
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down: Dreams don't ask why... - 02/27/08 10:09 PM
(SHS Photo) Just another old house being torn down in town. Or is it? It was someone's dream once to own this home. And they did. Their family grew up there. The dogs barked, the dishes were washed, the lawn was mowed, the kids dreamed at night in their bedrooms: What will I be when I grow up? Isn't
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down: Can I still buy a house with no money down? - 02/24/08 06:44 PM
Ok, here's the deal. My business man brain is telling me to look at this question and give you a bunch of dry answers about how you can buy a house for little or no money down and what the upcoming conforming and FHA loan limit increase means to you. That isn't
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down: What will the Feds do? - 02/14/08 01:34 PM
So......Why are rates heading higher? Is the economy really doing better? Overnight in Tokyo , for example, US Treasury prices were lower, and rates higher, after a stronger-than-expected GDP number from Japan , which caused Asian stocks to rally. This followed a day in the US where the curve continued to
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down: Cause And Effect of Today's Real Estate Market! - 01/27/08 10:06 PM
CAUSE AND EFFECT! Real estate is experiencing an unusual adjustment these days. Unusual, because in the past, sales declined due to either high interest rates or economic slowdowns. Neither of those factors exist right now, so where does the blame lie? Quite frankly, one of the biggest reasons that home prices rose to
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down: Attention Home Buyers-OWN A HOME WITH $100 DOWN!!!! - 01/18/08 03:54 PM
It's official folks, I am now offering the new FHA program that only requires $100 down on HUD Repos!!! Now this, my friends, is great news! With FNMA & Freddie Mac cutting back on products, FHA is stepping in to put that spark we need in the housing market. CALL ME NOW
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down: Sticker Shock! Sluggish December Smacks You in the Face - 01/18/08 07:46 AM
I wonder if anyone uses the term, "sticker shock" anymore. Sticker shock was used backed in the 80s and 90s to describe the raw, gut reaction that consumers had when they saw an extremely high price tag on a item. The term wasn't used to describe real estate, but I think
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down: How to Sell any Property in a Down Market - 01/01/08 05:37 PM
How to Sell any Property in a Down Market If you are planning on selling your property in this market you are going to need a strategy. In the last 20 years I have pretty much seen everything and I would like to give you helpful and timely tips to help you get
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down: Linn and Benton County Homebuyer Assistance Programs - 12/20/07 04:26 PM
You have found yourself in conversation about 1st time homebuyer assistance programs and didn't know exactly where to go, how hard it is, or who to trust. As a local agent, and resident for almost 30 years, I savor the hard work to match eligible customers with these programs. I have
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down: Downpayment Dreams - Dec 15th 2007 - 12/16/07 12:31 AM
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down: Down Payment Dreams Dec 7, 2007 - 12/07/07 01:23 PM
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down: Blog Post Lost in Cyberspace!! Arggghhh! How Did I Let It Happen?!! - 12/04/07 12:55 PM
This will be a quick post. Have you ever: (a) typed out a lengthy blog; (b) clicked on the "Post Blog Entry" button; and (c) find that your blog is completely lost?
In the past, I have sworn that I would never let it happen to me.
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down: 100% Down Payment Assistance - 11/21/07 05:45 PM
Our investor has allocated up to $650,000 from down payment assistance. The fee, 10%, is payable upon closing and paid direct from escrow. Please contact me and let me know how I can help.
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down: Just Do It!! - 10/29/07 11:47 AM
Thinking of buying a home, but feel bewildered by conflicting reports about the state of real estate? Well, you're certainly not alone, but in a word, relax! Whether or not real estate is up, down or sideways, most people don't make their purchase decisions based on market conditions. Rather, it has
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down: Buying and selling in a down market. - 07/29/07 09:49 PM
Buying and selling in a down market.
I had no idea that I'd be working on my second post just hours after my first blog entry. I received an email from someone on the network welcoming me and asking for some words of wisdom about investing (buying and selling) in a
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down: Down Payment Dreams - 17 July 2007 - 07/17/07 03:54 PM
This information was gathered from third party sources including the seller, City of Walnut Creek Housing and public records without further verification. disclaims any and all representations or warranties as to the accuracy of this information. Prospective buyers are advised to verify all information and to retain appropriate professionals (inspectors, engineers,
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down: Down Payment Dreams 12 July 2007 - 07/12/07 10:17 PM
Check out these affordable homes that may be eligible for Down Payment Assistance Come back weekly for updates. Last Updated 7/10/2007 For more information on these properties contact Nate Ellis - 888-808-NATE (6283) or email Nate@CAHousingBlog.com This information was gathered from third party sources including the seller, City of Walnut Creek Housing and public records without further
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down: How to sell a home in a slowing or down market..... - 07/09/07 10:37 PM
Do you know how to sell a home in a slowing or down market? If you don't, your realtor better! It is very important to have a realtor that will focus on selling your home and preparing it for market completely. In previous years, you could do the very basic work
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down: Down Payment Dreams - June 26th - 06/26/07 03:14 PM
There were lots of great properties presented at the Contra Costa Realtor's in Motion meeting this week. Here are several that qualify for down payment assistance. Please contact Nate Ellis for more details on the programs. 888-808-NATE (6283) Price City Bed/Bath Psbl Ast* Address Brokerage Listed By" $158,000 " Concord 1/1 "$62,240" 4260 Clayton Rd #44 Pacific Auction Exchange " $235,000 " Walnut
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down: $235,000 Down Town Walnut Creek Condo - 06/22/07 12:07 AM
This 1 Bed 1 Bath condo must sell for $235,000 in down town Walnut Creek and has special financing available as well as up to $14,000 in Down Payment Assistance. This property will be open on Thursday June 28th from 4-7pm for a limited viewing. Please contact Nate for additional details
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down: Down Payment Dreams - June 20th - 06/20/07 07:32 PM
As the Vice President of Contra Costa Realtors in Motion (CCRIM) I regularly attend the REALTOR marketing meeting held on Tuesday mornings. Properties may be presented from any area but focus on Central Contra Costa County and the cities of Walnut Creek, Concord, Clayton, Martinez, Pacheco and Pleasant Hill.These are properties
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down: City of Walnut Creek's First Affordable Housing Resale - 06/16/07 12:42 PM
Please join us for an Open House of the City of Walnut Creek's first Affordable Housing resale.Nate Ellis with GMAC Mortgage is sponsoring an Open House and First Time Home Buyer Workshop on:Tuesday May 15thfrom 4pm-7pmat The Montecito Terrace Room1315 Alma Ave.Walnut Creek 94596.This 2 bed 2 bath condo must sell
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down: What is your budget? - 06/07/07 01:22 PM
To figure out your budget, figure out all the money you have coming in every month minus all your expenses. Down payment The down payment is usually a percentage of the price of the new home, that the buyer pays before closing. The bigger the down payment, the lower amount you will
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down: PMI paid in 2007 to be tax deductible! - 12/25/06 07:34 AM
Congress recently passed a law on behalf of all Homeowners who pay less than 20 percent down incurring PMI (private mortgage insurance) the opportunity to fully deduct this charge on income taxes starting in 2007. It applies to new loans for households making less than $100,000 per year. (Private mortgage insurance is a lender requirement
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down: Real Estate Market - 11/06/06 08:35 PM
Does anyone have any news on when the real estate market is expected to pick up? What percentage is it down from last year?
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down: What is my FICO score ? - 08/19/06 03:59 PM
What is a FICO score? Your credit history has been reduced to a three-digit number, and you should know what that number is, especially if you plan on purchasing anything on credit soon. This three digit number is most commonly nicknamed a FICO score. This is an acronym for Fair Isaac
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