Real estate blog entries tagged with finance

Blog entries tagged with "finance":

finance: House-flipper Jeff Lewis must be "Flipping Out" now that he's in escrow - 07/25/08 01:35 PM

Like one who reluctantly watches an accident, I occassionaly watch "Flipping Out" on Bravo TV.
"Flipping Out" features a mean spirited, obsessive-compulsive house-flipper, Jeff Lewis.
With a depressed real estate market prevailing, Jeff Lewis is now handling large remodelling projects for clients. He does however, still have a Los Angeles property that he … (8 comments)

finance: Tesla - The Ultimate Electric Car - 07/24/08 10:11 AM

Tesla - Now in production, the ultimate electric car is available for order.
With the urgent focus on reducing our dependance on foreign oil, this technology is more relevant than ever before. 100% Electric / 0-60 mph in 3.9 seconds and a top speed of 125 mph / 220 miles per charge / and as little … (11 comments)

finance: Land Trusts and protecting your property (ies) - 07/23/08 03:20 PM

Hi Everyone,
This is Jeffrey Richman from Waxhaw, NC (20 minutes south of Charlotte). This will be the first in a series of blogs related to Land Trusts, How to create Trusts, why we use them, what protection they offer to you, your business and your financial well being.
I have been … (0 comments)

finance: Record-breaking $47 Million paid for a Los Angeles Condo - 07/23/08 03:13 PM

Candy Spelling, widow of TV mogul Aaron Spelling, has purchased the top two floors of a new condo development in Century City, Los Angeles for an astounding $47 Million.
The 16,500-sq.-ft. penthouse is on the top floor of a residential tower ("The Century") currently under construction and is the highest price ever … (13 comments)

finance: How to read the markets like Ben Bernanke - 07/23/08 02:53 PM

For those of you who like to have a proverbial leg up on the competition by understanding what's going on in the market, this one's for you.
If you don't care about financial news and turn off the radio when the market reports come on, stop reading.
I've been hearing news … (4 comments)

finance: Creatively destroying the mortgage market - 07/22/08 02:28 PM

Some people are too smart for their own good. My brother, Carey, is one of those people.
After hearing on the news that Wachovia is yet another firm that has decided to discontinue its wholesale lending operations, I wanted to understand the significance of the news to the market.
To quote … (5 comments)

finance: And the dance continues... - 07/22/08 12:39 PM

How about that! A new subprime lender discovered by Beal Bank, and they appear to be a bit put out by the discovery too.
According to the Washington Post (07/22/08) P. D2,
"FDIC Sued Over Subprime Loans: The Federal Deposit Insurance Corp., which insures U.S. bank deposits, made subprime mortgage loans … (2 comments)

finance: Building a "Wind Farm" - a great source of power - 07/22/08 10:04 AM

Do you know what a "Wind Farm" is?
A wind farm is a group of wind turbines in the same location used for production of electric power. Individual turbines are interconnected with a medium voltage power collection system and communications network - Wikipedia
I was interested to read that New York … (12 comments)

finance: Divorce and Mortgages: Is it helpful to seek a mortgage planner if a property settlement has already been made? - 07/21/08 08:41 PM

Divorce and Mortgages: My client's property settlement agreement provides that the mortgage remain in place and that the house will not get sold until the children graduate high school in three years; do you still recommend seeking counsel of a mortgage planner to review the situation?
Yes because the issue that … (0 comments)

finance: WOW! Great investment opportunity! Granite Falls, WA 98252 - 07/21/08 03:56 PM

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finance: PITI chart VA - 07/21/08 01:22 PM

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finance: Clients' Market Opinions - 07/19/08 09:22 PM

It seems like everyday I meet someone outside of the real estate industry who has an opinion on what's going on in the market and how wants to let me know how much they know and have read. Always great to hear these stories and see how other people view the … (8 comments)

finance: Does "Customer Service" exist at American Airlines? - 07/19/08 02:01 PM

I'm mad at American Airlines.
As a Frequent Flyer and loyal customer I expect an acceptable and reasonable level of Customer Service from this Airline. Unfortunately, I don't think American Airlines feels the same way. Let me tell you why:
On July 2, 2008 my partner and I had tickets to fly … (9 comments)

finance: Freddie Mac's chief earns over $10 Million despite disastrous performance - 07/19/08 12:55 PM

Freddie Mac's chief - Richard Syron - made $10.6 million last year, according to Freddie Mac's latest report with the Securities and Exchange Commission.
Syron was appointed Chairman of the Board and Chief Executive Officer of Freddie Mac in December 2003.
Freddie Mac's mission is to "provide liquidity, stability and affordability … (3 comments)

finance: I don't think this was Countrywide's first rodeo - 07/18/08 12:33 PM

Breaking news: Countrywide may have been involved in deceptive mortgage lending practices.
I'm not a fan of cynicism, but are we really surprised to hear that a major lender may have had a couple people working for them with less than sterling morals??
CNBC.com reported the story yesterday, saying that California's … (4 comments)

finance: Donald Trump sells Palm Beach mansion for $100 Million - "Maison de L'Amitie" - 07/18/08 12:17 PM

The real estate market might be slumping, but not for Donald Trump, who sold his Palm Beach mansion for $100 million, his spokeswoman said Wednesday.
"In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate," Trump told The … (11 comments)

finance: We are Looking for DIRECT Commercial Lenders - No Brokers Please! - 07/17/08 03:29 PM

_____________________________________________________________________________________________________
COMMERCIAL FEDLENDERS NEEDED!

WE NEED YOU TO CLOSE MORE DEALS!
Federal Funding, the creator of the 100% LTV financing program with DPA is expanding its network of participating FedLenders. We are seeking lenders of all types who can provide conventional loans, hard money loans and business loans to … (0 comments)

finance: Do you know your credit score?? - 07/17/08 03:03 PM

Credit can be tricky, Here are some tips to help you know the score about your credit. When you are looking to buy a home your credit score is the most important number. Here are the top five things to remember.
1.You can have more than one FICO score. Each of the … (0 comments)

finance: Cue the horses - it's time to rescue Wall Street - 07/17/08 12:41 PM

I consider it my personal mission to wade through the muck and mire of all the bad news out there in order to bring you something positive. I've got something for you today!
Remember Indy Mac Bank (as if you could forget)? The spectacular fall of that institution has … (4 comments)

finance: The 8 Biggest Mistakes in Offshore Real Estate...and How to Avoid them! - 07/16/08 09:19 PM

It doesn't matter if you are a broker, agent, loan officer or an investor, what you DON'T know exceeds that which you DO know when it comes to investing outside of the United States. For most people, this "unknown" is enough of a hindrance to prevent us from enjoying the tremendous … (3 comments)

finance: Monetary Conspiracies - 07/16/08 10:59 AM

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finance: An Encounter with Mr. Doomsday - 07/16/08 02:09 AM

An Encounter with Mr. Doomsday

I’ve been going to the same specialty coffee house for years and I have met many people that have become friends, clients and acquaintances.

I met a guy a couple of months ago while I was relaxing having a cup of coffee and … (0 comments)

finance: 7 Realities of Commercial Lending - 07/15/08 11:25 PM

7 Realities of Commercial Lending

1) Nothing is set in stone! Although commercial loans are based on the statistical mathematical equations that deal with whether or not the client will be able to consistently make his mortgage payment. It is also based on how the lender feels about the project. What … (4 comments)

finance: Federal Government Makes Moves To Secure The Canadian Housing Market - 07/15/08 02:08 PM

In a news release on July 9 2008, Ottawa announced that Federal Government will stop guaranteeing mortgages over 35 years along with mortgages requiring more than 95% financing. Although these regulations don't take affect until October 15 2008, some lenders have all ready stoped issuing mortgages with 40 year amortization as … (0 comments)

finance: Market Update - 07/15/08 12:44 PM

Watch out for Mortgage Rates this week!
At Legacy Mortgage we are constantly seeking ways to enhance our dedication to our clients and real estate partners. Our position as an innovator in the field of real estate finance allows us to help you make informed decisions regarding your customers mortgage … (0 comments)

finance: Don't make a run on your bank: walk the dog instead! - 07/15/08 12:37 PM

One of my professors is quite the pessimist. He lost a lot of money after investing in apartment buildings at the wrong time, and now tends to see the downside of any economic or financial news to hit the market.
He is having a field day right now, folks. It's doom … (5 comments)

finance: Insuring your Money - The FDIC and the SIPC - 07/15/08 09:15 AM

With the failure of Indymac Bank we should all be reminded to check that our money is adequately insured.
The FDIC (Federal Deposit Insurance Corporation) insures bank deposits of up to $100,000 and up to $250,000 for funds in retirement accounts such as an IRA. Brokerage products are not FDIC insured.
The SIPC (Securities … (6 comments)

finance: How much will I pay in closing costs on my new home loan? | Plainfield and Naperville Real Estate - 07/14/08 03:39 PM

What should I expect to pay in closing costs for my new home loan?Many times customers end up paying more than they need to in closing costs when closing on their new home loan. It is important to be educated about what closing costs should be, and what types of charges … (0 comments)

finance: Re: " Now Hiring " Loan Off , Br Mngr's and Recruiters...!!!! Across The Nation - 07/14/08 11:51 AM

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finance: New Investment Fund Targets Foreclosures - 07/11/08 11:03 PM

Vulture funds, as the name suggests, swoop in and buy bankrupt companies and then sell them with a profit in mind.
Now a similar investment fund here recently formed to target distressed or foreclosed properties - whose numbers continue to rise each month.
Northbrook-based Hilco Residential Partners LLC is a new … (1 comments)

finance: The loss of a pet is more than just a pet, they're a part of your family.... - 07/11/08 07:05 PM

I'm not sure why I'm writing this other than to maybe let off a little steam or just vent because I'm angry at the situation.
I was never really much of a cat person. One day, about 9 years ago, I was sitting outside (where I used to live in … (3 comments)

finance: Speculators and High Prices - 07/11/08 02:43 PM

Lately we've been hearing a LOT about speculators in regard to the high price of oil.
What exactly does a speculator do when he speculates?
Speculators provide a very, very important function within our economy. They assume risk in the hope of making a profit. One very simple (overly simplistic) example … (0 comments)

finance: Avoid Panic Selling - Greed and Fear drive all markets - 07/11/08 01:59 PM

Markets are driven by two human emotions: Greed and Fear.
In the height of the Stock Market technology boom everyone who had access to a Brokerage Account was buying stock in companies they knew nothing about. Without worries, the stock prices increased and they made money without thinking ... until the … (3 comments)

finance: What are renters waiting for? - 07/10/08 10:56 PM

Renters should consider buying a home now.Interest rates are still low,and home prices have dropped in many markets.Recall the high interest rates in the late 1980's-early 1990's? They were around17-18%.
Now is the time to buy and start building equity!
… (3 comments)

finance: Another Bank Bites the Dust - 07/09/08 04:17 PM

In the news today, IndyMac Bank depositors want their money back. So they've started a run on the bank to close their accounts and get what cash they may have, even those under the FDIC insurance limit. This follows Monday's announcement that IndyMac would shut down the mortgage lending operations. These … (7 comments)

finance: Licensed Oregon Mortgage Brokers - 07/08/08 12:11 PM

In January of 2007, there were more than 13,000 licensed mortgage loan originators in Oregon. As of the Independence Day holiday, that number was down to 6,985 with less than half of them living in Oregon. It appears that the wheat is being separated from the chaff.
I have been working in the … (5 comments)

finance: What Book Are You Reading Right Now? - 07/08/08 11:34 AM

It has been said that who we are is largely determined by the people we associate with and the books we read. Activerain has proven to be a valuable and popular portal for our community. In addition to our connections locally, our online community is pretty robust. What about the books … (5 comments)

finance: NEED TO MAKE COMMISSION FAST? HELP ANY DOC "MAKE THE GRADE" www.fakepaycheckstubs.com - 07/07/08 12:12 PM

CREATE PAYSTUBS INSTANTLY
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FINALLY, A COMPUTER PROGRAM THAT WILL MAKE PERSONALIZED, PRINTABLE, PAYCHECK PAYSTUBS INSTANTLY! THIS EASY TO USE COMPUTER PROGRAM WAS CREATED FOR THE SMALL BUSINESS OWNER IN MIND! ANYONE PAID VIA DIRECT DEPOSIT CAN NOW PROVE THEIR OWN INCOME FAST! USE THIS SMALL BUSINESS PAYROLL SOFTWARE TO: … (0 comments)

finance: Offshore Can be Safer than Onshore - 07/03/08 01:03 PM

In my 22 years as a real estate investor, I have seen residential, commercial, industrial, mixed-use, and hospitality products rise, fall, slide sideways and return healthy returns for the investors. The United States and the real estate market that supports our economy is the foundation for the majority of wealth in … (4 comments)

finance: How to Interview a Realtor - 07/02/08 07:57 AM

By Doug Crowewww.dougcrowe.com
Before talking to Realtors, its best to know what YOU want. Make sure you have established a CLEAR goal of the type of property you are looking for, the geographic area you are targeting (based on your customer needs) and the price range. You are positioning yourself as … (0 comments)

finance: Financial Health: What are your symptoms? - 07/02/08 07:50 AM

By Doug Crowe www.dougcrowe.com
Money, credit, and living...it seems that there are seasons in our lives where there is often more debt than income. This can create stress, anger, indecision, and sometimes poor decisions. If you find yourself in a situation where there is more debt than income, you may be … (0 comments)

finance: Buying a home in Atlanta, Pre-qualify first to know exactly how much you can afford - 07/01/08 08:27 PM

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finance: WARNING: Do not advertise with MagicYellow.com - 07/01/08 07:02 PM

**** WARNING ****
I am warning my fellow ActiveRainers against using the advertising services of MagicYellow.com.
DO NOT USE MAGICYELLOW.COM
On May 21, 2008 I agreed to advertise with MagicYellow.com. The salesperson made wonderful promises about the MagicYellow site their graphic designer would create for me. He also assured me how … (7 comments)

finance: Oil, markets and pricing - 07/01/08 12:38 PM

The big news in mortgage pricing is oil. Again today, oil topped $143 a barrel and this means that the price of almost everything goes up. When the prices go up, that means inflation. When you have inflation, that means that mortgage rates, that hate inflation, go up.
What can be … (0 comments)

finance: Commercial Finance Programs - 06/30/08 02:49 PM

Leverage Remington's Expertise and Market Knowledge to Make Your Project a Success
Remington's expert Advisory Services help clients carefully evaluate and restructure transactions that may have existing financing challenges. Our team develops advanced strategies to create new and alternative financing opportunities that can help supplement or replace conventional lending sources.
By … (0 comments)

finance: California sues Countrywide - 06/30/08 12:30 AM

I was interested to learn that the Attorney general of California has joined Illinois in filing a lawsuit against Countrywide. California is also suing its founder, Angelo Mozilo.
California is accusing Countrywide of false advertising and unfair business practices which resulted in homeowners applying for risky mortgages far beyond their means. The allegations … (8 comments)

finance: SAN DIEGO REALTOR ROY MASON www.SanDiegoRealtyUPdate.com VIDEO - 06/28/08 06:39 PM

finance: Personal Installment Loans - 06/27/08 01:20 PM

Whenever you need to get a little bit of money in your pocket, a personal installment loan can help you to achieve that. The reason why these are so attractive is because you can borrow a chunk of cash at one time and then pay it back over a period of … (2 comments)

finance: Financial Planning and Money Management - 06/27/08 01:19 PM

One of the bigger challenges we all face is planning for retirement. The approaching is absurd to predict, and the added abroad we are from retirement the added difficult it is to actuate what our banking needs may be if the time comes. A adequate retirement depends on alive how abundant … (0 comments)

finance: Buying houses that don't sell in a slow market - 06/26/08 09:03 PM

Hi,
This is my first blog so forgive me if I don't do it well. I am very open to constructive criticism on how to do better. Constructive, people. Not negative.
Who am I? My name is Jeffrey Richman and I am from the West Palm Beach, FL. I moved to the … (9 comments)

finance: How a 'Stupid' Austin Texas Realtor Made $500,000? - 06/26/08 09:00 AM

I just made $500,000 about a week ago - want to learn how to do the same thing?
Instead of "dreaming about" winning the lottery or making millions doing a home-based MLM business, or inheriting money from your old Aunt Margaret - why not 'simply' dedicate a little bit of your regular … (2 comments)

finance: Forelosure: Are You a Part of the Problem or Part of the Solution? - 06/25/08 08:45 AM

This is a rather serious question. It is the reason that there are real estate licensing rules, and mortgage licensing. It boils down to ethics.
Here are the questions:
How do you determine the viability of a Buyer prospect? How do you assess the ways you can best serve your Seller? What … (0 comments)

finance: “This Real Estate Deal Sure Looks Good “, …. I think - 06/23/08 08:41 PM

When it comes to buying real estate, Patience, prudence, insight, educated decision making and a little luck can present you with promising home buying opportunities.
However, financial professionals, will often tell you that "Risk" evaluation is the most important criteria one must consider before making the decision to buy.
Risk/Reward can … (1 comments)

finance: Financing Solutions - Part 4 - 06/22/08 08:45 PM

Financing Solutions with David Reed
Baseball Cards and Collectables as Closing Money
… (0 comments)

finance: When paying bills can hurt your credit !!! - 06/20/08 05:17 PM

When paying bills can hurt your credit Settling some old debts can actually harm your credit score. Here's how to do the right thing the right way.Cynthia worked hard to improve her credit scores. She was careful to pay her bills, including an auto loan and a credit card, on time … (4 comments)

finance: $5 Billion .... and still making more - 06/19/08 12:15 PM

Apple Sells 5 Billionth Song Through iTunes
While reading Business and Financial News this morning I came across an article that made me say "wow". Apple has sold 5 Billion songs through iTunes. At 99c a pop, that's almost $5 Billion is sales for Apple. That's a huge number.
"The sales … (3 comments)

finance: Comment Now Before FHA Takes Another Bullet Out of Your Gun - 06/17/08 08:57 PM

DPA Killer The Storm is Coming.

Hud is trying to deliver another knockout punch to the housing industry. Round 2 at eliminating Down Payment Assistance. The proposed rule has just been published and has a 60 day comment period ending on August 15, 2008. … (6 comments)

finance: Follow the Money, Honey .... Gay Marriage will be good for the Economy - 06/16/08 11:15 PM

The Los Angeles Times reports: "Gay couples are projected to spend $684 million on flowers, cakes, hotels, photographers and other wedding services over the next three years."
September 2005 - Governor Arnold Schwarzenegger announced that he will veto a bill that would allow gay marriages in California. Despite his promised … (16 comments)

finance: Working with a Mentor is Priceless - 06/16/08 06:46 PM

What is happening here in the local Southern California real estate market? Do you believe that prices are flattening out and we are "at the bottom" of the market or do you believe that we have a ways to go and we wont see prices flattening out until well into 2009?
… (4 comments)

finance: The Basics of Real Estate Investment - 06/16/08 01:50 PM

If you're considering investing in real estate, it is important to carefully analyze your finances, time management, and lifestyle to ensure that that they will be compatible with owning and managing a real estate investment. Before embarking on real estate investments, the National Real Estate Investors Association recommends buying your own … (0 comments)

finance: Financing Solutions - Part 3 - 06/16/08 12:25 PM

Financing Solutions with David Reed
Using Rental Income to Help Qualify
There are times when the perfect home unexpectedly comes on the market ... at the wrong time. The potential buyers are unprepared for the new listing, and if they don't act fast their "perfect home" will be snatched up by … (0 comments)

finance: Mortgage Rates Creep Up - 06/16/08 12:11 PM

TOP STORY: Rates creep up
A recent survey and a rate increase could mean more competition for homes
Recent indication is that first time home buyers are getting tired of sitting on the sidelines. According to a recent online poll taken by the National Apartment Association, 17 percent of … (0 comments)

finance: When is a Mortgage not a Mortgage? - 06/14/08 05:03 PM

In California, Lenders do not register Mortgages on properties, yet it is common practice to have Mortgage Brokers deal with the financing aspect of Real Estate transactions.

A Home Loan is not a Mortgage, and a Mortgage is not a Deed of Trust.
A Home Loan is a loan … (5 comments)

finance: About Business Financing - 06/14/08 01:16 AM

One of the biggest stumbling blocks for a new business owner is acquiring financing for the early costs of establishing the business. Unless you have an established banking relationship or collateral to put down, few banks or lenders are willing to make a loan without a personal guarantee of some sort. … (0 comments)

finance: Federal Budget Trade-Offs & Port Container Inspectors - 06/14/08 01:09 AM

Did you Know ...?
Taxpayers in Los Angeles, California will pay $5.6 billion for total Iraq war spending approved to date. For the same amount of money, 70,901 Port Container Inspectors could have been provied for one year.
Did you Know ...?
Taxpayers in Los Angeles, California will pay $1.2 billion for … (2 comments)

finance: Federal Budget Trade-offs & Healthcare - 06/14/08 12:59 AM

Did you know?
Taxpayers in Los Angeles, California will pay $1.2 billion for tax cuts for the richest 10% in FY 2009. For the same amount of money, 512,271 People could have been provided with Health Care for One Year.
Did you know?
Taxpayers in Los Angeles, California paid $1.5 billion for the … (0 comments)

finance: Home loan pre-approval vs. pre-qualified. What's the difference and why is it important? - 06/13/08 04:25 PM

Pre-qualified vs. Pre-approval: What's the difference? Getting pre-approved or pre-qualified for a home loan is a great way to show sellers you're serious about buying a home. Before you start viewing houses for sale, it's important to understand the difference between these two first.
"Pre-qualified" A home loan pre-qualification is something … (1 comments)

finance: Veracity Quarterly Newsletter - 06/13/08 10:05 AM

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finance: United Credit Education Services - 06/12/08 11:51 PM

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finance: Washington - Clears up the Terms for Borrowers - 06/11/08 05:39 PM

Washington House Bill 2770 goes into effect tomorrow, 06-12-2008.
Some main points:
New material terms disclosure - 1 page loan summary No negative amortization loans (not a lot of these in the market place presently) No reverese mortgages (This needs to be revised) - and it appears the state is working … (0 comments)

finance: Finance Market Update - Wk of June 9th, 2008 - 06/11/08 01:37 PM

Brentwood TN Real Estate
Mortgage bond prices fell pushing mortgage interest rates higher. Inflation fears were fanned by Fed Chairman Bernanke's comments indicating "longer-term inflation expectations have risen in recent months, which is a significant concern for the Federal Reserve." Oil prices retreated to near $122 per barrel the early … (0 comments)

finance: FHA Risk Based Pricing Rears it's Ugly Head - 06/11/08 09:42 AM

Starting July 14, 2008 FHA will go to Risk Based Pricing to Determine the UP-front and monthly MI. While overall it will not have a huge impact, it will increase some consumer monthly payment, and thus decrease the amount they will be able to borrowl
The pricing is based on 3 … (1 comments)

finance: Illinois Gears Up to Slow Down Home Sales in Cook County - 06/11/08 09:20 AM

Yes, you read it correctly. The Lending Database Program is set to go into effect, July 1. This will be the 3rd attempt at doing this. The newest iteration is from Senate Bill 1167.
Plan on all loans in Cook County taking at least one week longer than usual, and if … (0 comments)

finance: What should The Fed do now? - 06/10/08 09:55 PM

On 5/22/08 I posted a Blog: "Stagflation - is The Fed out of bullets for now?". I was surprized that I had very few comments and little feedback. The essence of my post was that The Fed was "behind the curve". The Fed's action was overdone, and in any event it was too late.
… (8 comments)

finance: Common Selling Mistakes - 06/10/08 01:17 PM

Mistake #1 - Incorrect Pricing
Every seller naturally wants to get the most money for his or her product. The most common mistake that causes sellers to get less than they hope for, however, is listing too high. Listings reach the greatest proportion of potential buyers shortly after they reach the … (3 comments)

finance: In Life, There are Three Kinds of People - 06/08/08 10:55 AM

In life, there are three kinds of people:
Those that make things happen;
Those that watch things happen;
And those who wondered what happened.
Independent Brokers make things happen!
In the current market environment it's not always easy to stay motivated, focused and enthusiastic. We are continually bombarded by negative reports and fearful … (9 comments)

finance: Financing Tricks of the Trade - 06/07/08 09:47 PM

While much has been written about the subprime mortgage crisis, many educated, savvy and financially responsible borrowers have found themselves entangled in another sector of the mortgage meltdown: the negative amortization mortgage. This type of mortgage, when used in the proper setting, can be a boon to a borrower in certain … (1 comments)

finance: Finally Some Good News For Interest Rates Yesterday! - 06/07/08 07:58 AM

Brentwood TN Real Estate:

Mortgage Bonds were helped this morning, after a rough open, by news that the Unemployment Rate increased to 5.50%, up from 5% last month. As you know, bad news in employment usually fuels good news for mortgages.

Speaking of fuel, oil prices continue to … (4 comments)

finance: IN search of financing no points no origination fees? Lowest rates? CHECK THIS OUT - 06/05/08 03:32 PM

CHECK OUT THIS 1 MINUTE VIDIO!
http://vid.realtytimes.com/Agents/RoyMason2.wmv

858-752-3523 ROY MASON / LOAN OFFICER AND REALTOR
… (0 comments)

finance: From Brentwood TN Real Estate - Finance Report/Commentary for Wk of 6- 2- 2008 - 06/05/08 02:08 PM

I apologize for being late this week, busy, busy!
Brentwood TN Real Estate
Mortgage bond prices fell pushing mortgage interest rates higher. Inflation fears were fanned by stronger than expected durable goods data. The Treasury auctions added extra supply amid terrible foreign demand. Unfortunately this pressured mortgage bonds lower and rates … (2 comments)

finance: Want The Good News Or The Bad News? -- Attracting New Clients - 06/04/08 08:16 PM

Whether you work with a large Real Estate Firm or a smaller Broker, aren't you basically Self Employed? As individual business owners your success is based on your ability attract, and maintain a constant flow of clients. As competition increases what are you doing to set yourself apart from … (0 comments)

finance: No More Stated Income? - 06/04/08 08:07 PM

On Tuesday one of the most prominent wholesale lending forces announced that Fannie Mae will no longer accept delivery of Stated Income loans. This change is thought to be finalized no later than June of this year. This same lender indicated that upon verification of this fact, they would … (0 comments)

finance: Day Three of our Brokers Class- Real Estate Finance - 06/04/08 07:32 PM

I am through day three of my Brokers Qualifying Class- Today was Real Estate Finance.
Our class has some insightful discussions as you may have read in my earlier blog about Ethics- Is it a fine line?
Today was just as interesting. We got into the discussion about Foreclosures- of course- everyone is … (3 comments)

finance: Are you making a difference? - 06/04/08 02:49 PM

All for one and one for all....

Well, I have to offer a hearty congrats to my friend Mike Tullio down in Florida for achieving his first 10k on Active Rain! I was right there with him, but then fell off the wagon...been dragging along behind ever since. Then … (0 comments)

finance: Funding our Retirement and creating Financial Security - the SEP IRA - 06/01/08 01:47 PM

As Realtors we're Independent Contractors. We're the Rain Makers. We need to make it happen for ourselves since we're responsible for our own financial security. So I started wondering how many Realtors have actually created a plan for their financial future and retirement.
One of the most important factors in planning … (3 comments)

finance: 909 Highland Ave. Palmyra, NJ. 08065 - 05/31/08 01:55 PM

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finance: 16 Jamie Ct, Gloucester Twp, NJ. 08021 - 05/31/08 01:46 PM

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finance: Our Mortgage Team - 05/31/08 11:56 AM

Our team is here to help people seeking both commercial & residential mortgage financing through out the state of Minnesota. If it is creative commercial financing or little to no money down residential home mortgage we can help! So many things in both real estate and finance are changing in Minnesota … (0 comments)

finance: Residential Investor Loans (Minnesota) - 05/31/08 11:47 AM

A lot of Loan Officers, Real Estate Agents and borrowers have been contacting me with the same problem.
As lending guidelines change for residential investors how do you get them financed?
It is simple!
If you, one of your buyers or borrowers has more than 5 mortgages on credit I have … (1 comments)

finance: From Brentwood Tn Real Estate - Imploded/Ailing Lender List Updated 28 May, 2008 - 05/29/08 06:50 PM

THE FOLLOWING LENDERS HAVE GONE FROM THE AILING LIST TO IMPLODED:
(For a complete list please visit Brentwood TN Finance)

Vanguard Mortgage & Title, Inc.
Chase Home Equity - Wholesale
Chase Subprime - Wholesale
Evergreen Investment & Carnation Banc
Casa Blanca Mortgage/Shearson - Wholesale

UPDATED AILING LENDER LIST:
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finance: Refinance Upside down car loans - 05/28/08 08:26 AM

When you go about securing a car loan the vehicle itself is used as the collateral on the car loan which is what makes the secured car loan itself. The car finance company online that you end up going with will then loan you the finances for the car based upon … (4 comments)

finance: Brentwood TN Real Estate - Finance Market Comment- Wk of May 26, 2008 - 05/28/08 08:20 AM

Brentwood TN Real EstateMortgage bond prices fell pushing mortgage interest rates higher. Rising inflation fears dominated trading. Oil prices hit all-time highs as the price of a barrel eclipsed $135. Fortunately the steep price increases subsided in overnight trading Thursday evening. Mortgage bonds were able to bounce back a bit Friday … (1 comments)

finance: How to get financing for more than 10 properties - 05/26/08 02:13 AM

I will be writing a follow up to this as my investigation continues, but if anyone has info on financing greater than 10 SFR properties, please call or email. I have several clients needing a solution for this.
Here is one program I have found: 3% origination, 7.99% adjusts to 12.99%, … (5 comments)

finance: sharing: a home energy efficiency checklist - 05/25/08 12:31 PM

ANNUALLY:
Check your heat and A/C systems. Check windows and outside doors for drafts. (important in the warmer months, too) SEASONALLY:
Check furnace switch, fuse and breakers. Check furnace blowers, oiling motor and changing belt if necessary. Check thermostat accuracy by taping thermometer to wall next to it. if discrepancy, have … (2 comments)

finance: Are You Financially Smarter Than A 12th Grader? - 05/24/08 12:02 PM

Every two years, the Jump$tart Coalition issues a "personal finance" exam to high school seniors. The test highlights the importance of personal financial literacy among America's youth and comes at an especially important juncture. Many experts -- including Fed Chairman Ben Bernanke -- believe that basic financial knowledge is essential … (0 comments)

finance: Good Morning America: On TurboTax vs Accountants - 05/24/08 11:56 AM

To see which method gives tax filers the "biggest bang for the buck", ABC's Good Morning America recently compared three popular tax preparation services: TurboTax H & R Block Personal accountant In declaring TurboTax the "winner", the 4-minute video glossed over several important tax-related items. The first is that true … (0 comments)

finance: Buying a Sunland – Tujunga REO Home: The Loan Process - 05/22/08 11:22 PM

Many people want to take advantage of the current market conditions in the Sunland – Tujunga area located in the foothills to the east of the San Fernando Valley and the north of Glendale. There is currently a high inventory of bank owned REO property for sale in the region … (0 comments)

finance: Stagflation - Is the Fed out of bullets for now? - 05/22/08 10:15 AM

When the Fed held interest rates steady back in August, some critics claimed the Fed was "behind the curve" and that his failure to act quickly would lead to a deep recession. Once the Fed began cutting interest rates in September 2007, others warned that the Fed was overreacting and risked … (3 comments)

finance: Mortgae Money to Loan - 05/22/08 08:10 AM

Do you need mortgage money? Are you having a hard time getting quakified, or gtting a client qualified?
Contact me and let me see if I can help.
Many programs are available.
online application available
Get your quote today at: http://ck2457.wlgweb.com/lending/

Lou FarrisLicensed Mortgage BrokerGlobal Equity Lending Inc.
720.255.7148 direct
… (0 comments)

finance: Compare Car Loans - 05/20/08 07:36 PM

Each and every year you will find yourself seeing many different newly owned vehicles on the road simply because the market evolves and expands allowing more individuals to have them. A lot of these people will replace the vehicle that they have on a regular basis so now more so then … (2 comments)

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