Blog entries tagged with "purchases":


purchases: STAGING- What is the condition of your property? - 07/18/08 05:08 PM
What is the condition of your property?Often for less than a couple of thousand dollars you can make your house even nicer than it looks right now.  How?Some times the colors that you like may no longer be the colors that are in style.  So, often times you may have to … (0 comments)

purchases: How to Negotiate with Sellers - 07/18/08 05:03 PM
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purchases: Procuring Cause..... - 06/11/08 11:52 PM
Have you been in this situation...
A buyer who recently signed an Exclusive Buyer Agency form continues to look at homes but seems unsatisfied with the selection.  She keeps thinking about a house she saw and liked, but in another neighborhood, and may want to put an offer on it in the … (31 comments)

purchases: What Kind Of Deed Do You Need? - 06/10/08 10:54 PM
In this market where REOs are more commonplace, we are finding that banks will not issue the purchaser a Warranty Deed.  I am frequently asked by buyers, what are the differences among these 3 deeds?  How will it affect the purchase?  What can I do to protect myself if I am … (2 comments)

purchases: Are you Ready to Lock? - 05/05/08 04:55 PM
I typically wake up between 6.00 and 6:30 am every morning, download rates and then analyzed who I can help today.  If I see any rate improvement that may benefit any of  my clients, I call them immediately.  This is an important service for my clients because the window of opportunity is … (1 comments)

purchases: FHA loans are now available in Marin County - 03/06/08 05:09 PM
Assuming that you can find a mortgage broker that can do a FHA loan, today's news should bring some relief. With Marin county getting its conforming loan amount raised from the old $417,000 to $729,500. In the morning meeting I attended, I heard that the rate was 4.75% for full doc … (0 comments)

purchases: Rate shopping? Use this as a tool to help do it right! - 03/04/08 12:39 PM

For those people that like to shop for the best rates, I have a tool to help you find not only a good rate, but a REAL rate and find out if you are working with a true mortgage professional or not. The link below is to a form that has … (7 comments)

purchases: “Triggers” Are They a Legal Scam? - 03/02/08 09:56 AM
Just when I thought I'd seen it all, another scam came along to shock me.  A few yeas ago I received a call from one of my clients to refinance his home.  The day after I pulled his credit report, my client emailed asking if I had someone call him regarding … (2 comments)

purchases: Who really benefits from Amendment 1? - 01/31/08 12:29 PM
Let me first start out by saying, I'm no tax expert, in any means. I've heard everyone talking about Amendment 1 and how it is so great. Vote Yes. That's all I heard.
My question is this. How does Amendment 1 benefit someone who owns a home worth $850K and yearly taxes … (3 comments)

purchases: What Happened to the Sub Prime Market - 01/30/08 04:32 PM
As most of you already know about 95% of the sub prime market has disappeared due to high default rates on existing sub prime mortgages. These defaults are the direct result of inflated interest rates issued by the sub prime lenders the past 5 to 10 years. It was originally thought … (2 comments)

purchases: Can Independent Real Estate Companies Share to Save? - 11/28/07 04:26 AM
My partner and I own an independent real estate office and we've started to wonder if a relationship could be established with other local independent real estate companies to some how share services or purchasing power to save money.  Examples where we could team up include:
Purchasing of office supplies in bulkPhone and internet servicesAdmin … (2 comments)

purchases: Networking - 11/26/07 10:50 AM
Looking to sit down with Real Estate Brokers and Mortgage Professionals and see how we can work together and increase productivity.  Please call me or email me anytime.
Email: kag@gtrlaw.com
Office: 401-739-2020
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purchases: Real Estate Closing Office - we are here for You!!! - 11/20/07 02:47 PM
Real Estate Attorney's office centrally located on Route 117 in Warwick.  Available to close loans day or night in our office or in the customers' home or office.  All designed to make the closing as convenient as possible for the customer.  Experienced closing loans for seasoned home owners as well as first … (4 comments)

purchases: Surveys - Should a buyer always get one? - 09/24/07 07:59 PM
As a former licensed real estate instructor, I have a wealth of otherwise useless information in my head that pertains to real estate and real estate contracts.  I still teach contracts as part of our local boards' new member orientation about once a month.  I'm not sure about other parts of … (5 comments)

purchases: STEPS TO DOING A SHORT SALE - 08/22/07 11:15 AM
STEPS IN SHORT SALES A short sale is another twist on a subject to transaction.  However, instead of bringing the existing financing current and leaving it in place, the goal is to negotiate a discounted pay off with the lender.  A "short sale" involves four basic steps.
            1.         Gaining Control of … (2 comments)

purchases: OWN YOUR HOME IN LESS THAN HALF THE TIME !!!!!!! - 08/09/07 09:53 AM
Home of the Money Merge Account (MMA). Most homeowners realize they will pay about twice the purchase price of their home on a traditional mortgage - a mortgage that will take about 30 years to pay off.
Stonegate Mortgage introduces a way to break that cycle of financial drain - the Money … (0 comments)

purchases: FHA a nice way to separate yourself from your competition - 07/16/07 11:34 AM
With the chaos of the Sub Prime industry, we at Northern have found that FHA is a nice product that can help clients who used to, but no longer qualify for purchases or refinances.  Though not easy to obtain nor cheap, the FHA license and product has been a fantastic way … (0 comments)

purchases: Stated income from a mortgage professional's stand point - COMPLETE - 05/12/07 08:43 PM
In a recent post I looked at some of the common problems and issues that surround stated income loans from a borrower's perspective.  They primarily focused around what can happen when a borrower over states their income and leaves themselves over-extended, house poor and living with too little margin to handle … (40 comments)

purchases: Stated income from a mortgage professional's stand point - 05/12/07 01:32 AM
In a recent post I looked at some of the common problems and issues that surround stated income loans from a borrower's perspective.  They primarily focused around what can happen when a borrower over states their income and leaves themselves over-extended, house poor and living with too little margin to handle … (2 comments)

purchases: Is the back of your business card blank? - 05/04/07 07:42 PM
Not anymore!  I use to have a business card that was blank and I found that I was always writing on the back of it when I couldn't find a scrap piece of paper.  Now I find that I write on other peoples business cards that are blank.  Currently, my  business … (81 comments)

purchases: For consumers, things to consider before stating your income - 05/04/07 01:25 AM
Stated income on mortgage applications is getting a lot of attention these days, and for good reason.  Stated income loans, also called liar loans, let borrowers (and loan officers) put whatever they want within "reason" for the income used to qualify for the loan program.  The underwriter looks at the income … (4 comments)

purchases: Mortgage Loan Referrals for Holly Boyd - 03/30/07 06:06 PM
THE FINEST COMPLIMENTS I CAN EVER RECEIVE ARE REFERRALS FROM MY CLIENTS AND FRIENDS! 
HOLLY BOYD, LOAN OFFICER, FRISCO, TEXAS  #214-213-6216
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purchases: Holiday Blues in the mortgage business - 12/04/06 06:02 PM

If your a real estate agent or potential buyer, your probably wondering how your loan officer is doing with your file.  It's a great question because most mortgage LO's have put on their dancing shoes.  What most agents and customers do not see is the behind the scenes play between the … (1 comments)

purchases: Pre-Qualification vs Pre-Approval - 10/11/06 03:26 PM
A Customer contacted me the other day and she was a bit annoyed that her Realtor wanted to see proof that she had, or could get, the money necessary for a purchase - THE NERVE!
Customer Reality Check:  Quite a bit of effort goes into getting the property that you really want - No … (4 comments)

purchases: Dear Realtors - what do you think of this? - 10/11/06 01:58 PM
I'd been asking questions to local Realtors - face-to-face and on line - about what they want from the Financing side of the Real Estate world.  I have gotten a lot of responses - good and bad!
So that you all know, this is how I like to operate:
I am NOT:
The doughnut delivery guyThe … (6 comments)

purchases: Tri-County Parade of Homes - 10/07/06 04:40 PM
Yes, it is that time of year again when our builders get to show off their craftsmanship. They have been in the planning stages since last year. And by the time May rolls around, they have to know which home(s), they will be building over the summer, that will be in … (0 comments)

purchases: Wishing We Could Help Everyone! - 08/12/06 04:56 PM
The most rewarding experience I have ever had is the ability to see a need and fill it.  Yet, I can say the most upsetting part is having a client that needs so much help and you are unable to assist them.  It seems that these people need the most assistance … (0 comments)

 
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