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What Is A Trigger Lead and Why You Should Know About Them! - 06/30/11 10:51 AM
Have you made an application for a mortgage loan recently and all of a sudden your getting mail and/or phone calls about mortgage loans? You are being contacted because of something called a Trigger Lead. What is a Trigger Lead and how did they get your private information? A Trigger Lead is generated when you apply for a mortgage loan and a credit report is requested by the company you applied with. Your name, telephone number and other information might be sold to other lenders by the credit bureau as part of a "trigger lead" program. This is where the mail … (9 comments)
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Housing Market Rebounding In Washington, DC Area - 06/29/11 09:23 AM
There's an old saying in real estate that it's about Location, Location, Location. This is especially true right now. While the national S&P/Case-Shiller Home Price Indices showed prices fell year-to-year in the latest survey the housing market rebounded in the Washington, DC area showing a 4% increase in the past year. With interest rates still low but expected to rise as we move forward now is the time to buy to get the best deals and keep the mortgage payment down. Moving forward higher prices and interest rates could make it harder to qualify for a home. Analysts say home prices … (1 comments)
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Homework and Schoolwork Website Resources - 06/26/11 08:40 AM
School may be out for summer but it's not to early to start thinking about the fall and the new school year. Recently I found a blog post on the Military Duty Stations-Blog titled Homework and Schoolwork Website Resources. The blogger opened the post with "I am an information miner….I could sit for hours and assemble directories with information that could be useful. Today is one of those days, that I want to just show a small collection of all the school and homework resources out there for children and teens. I know I probably haven’t even scratched the surface." I'm … (2 comments)
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Would You Sell A House Using An Ad Like This? - 06/23/11 03:16 PM
Would you sell a house using an ad like this? Back in the day real estate was advertised in the newspaper in classified and and the real estate section, in homes magazines, and by mailing post cards. Today the newspaper and home magazines, although still used, have been largely replaced by the Internet. Blogs, single property web sites, YouTube, Zillow, Trulia, etc. are used to market properties. The following ad for a property was recently posted on YouTube. It definitely is a different approach in presenting a property. It's had over 685,000 views. Click on the image to view the property:
… (5 comments)
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Major Publications Saying That Now Is The Time To Buy A Home - 06/18/11 10:35 AM
We all know the economy and the real estate market have been experiencing a tough time over the past several years. But some light is beginning to appear at the end of what some have thought of as a dark tunnel. In recent weeks major publications including The Wall Street Journal, CBSMoneyWatch.com, Forbes, and NPR.org have published articles that talk about why now is the time to buy a home. The Wall Street Journal's article "Why It Is Time To Buy" states that "But the long-term benefits of homeownership remain very much intact. For now, at least, you can deduct the … (4 comments)
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Fannie Mae Extends Incentives To HomePath Home Buyers - Realtors Offered $1,200 Incentive - 06/14/11 12:20 PM
Fannie Mae announced an extension of the incentives to purchasers of properties in their HomePath program. This is an extension of a program was to run from April 11, 2011 to June 30, 2011. The new program runs from June 14, 2001 till October 31, 2011. The program offers the buyer up to 3.5% in closing cost assistance for homes currently listed in the HomePath Program. These are the terms and conditions of the new special offer
Buyers and/or selling agents (the agent representing the buyer) must request the incentive upon submission of initial offer. Initial offer must be submitted on … (1 comments)
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Fed’s Finally Admit Underwriting is too Tight!! - 06/11/11 08:53 AM
Federal Reserve Chairman Ben Bernanke spoke at the At the International Monetary Conference, Atlanta, Georgia on Tuesday. In his speech he said that economic growth had been slower than expected in 2011. He went on to say that the overall economic recovery was continuing at a modest pace. As for the real estate market Bernanke said "In the residential sector, low home prices and mortgage rates imply that housing is quite affordable by historical standards; yet, with underwriting standards for home mortgages having tightened considerably, many potential homebuyers are unable to qualify for loans. Uncertainties about job prospects and the future … (0 comments)
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102 Proven Social Media Blog Headlines - 06/03/11 09:09 AM
Your headline is the first, and perhaps only, impression you make on a prospective reader. Without a headline or post title that turns a browser into a reader, the rest of your words may as well not even exist. But a headline can do more than simply grab attention. A great headline can also communicate a full message to its intended audience, and it absolutely must lure the reader into your body text. Unfortunately, writing a good headline is one of the most challenging aspects of writing blog content. It can literally make or break a post, yet it is something … (5 comments)
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It Wasn't Supposed To - But It's Happened Again - 06/02/11 12:59 PM
It Wasn't Supposed To - But It's Happened Again - Mortgage interest rates have been falling for the past 3 weeks. The cause appears to be a slower than expected economy and slower than expected job growth. Here's a quote from HSH.com "As of last week, HSH.com’s Fixed-Rate Mortgage Indicator –a broad-market tracker of fixed-rate mortgages–found that the overall average rate for 30-year fixed-rate mortgages slipped back by two more basis points, landing at an average of 4.88 percent, yet another fresh 2011 low." "FHA-backed 30-year fixed-rate mortgages are a huge attraction for first-time homebuyers, and also give low-equity refinancers an … (2 comments)
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Alan Gross
Bethesda,
MD
More about me…
PrimeLending, A PlainsCapital Company
Address: 704 Quince Orchard Rd., Suite 230, Gaithersburg, MD, 20878
Office Phone: (240) 813-0614
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