Aaron's "What You Need To Know" Blog

Follow me
Mortgage and Lending - Branch Manager - NMLS 557050
I write a very popular email industry newsletter that is read by over 10,000 real estate agents, mainly in Las Vegas, but read worldwide. The purpose is to provide real estate agents and their valued clients insight into the weekly-changing world of lending. I am most proud that since 2000, more than 1000 families, in nearly 40 states, have had the trust and confidence to handle the financing needs.
Nearly everyday someone calls me or emails me for mortgage advice on their current loan.   They are either upside down in value or late on their payments and they want to know their options.   I am sure many of you get these same calls.    I want to be as helpful as possible so I listen to their ...
    My team recently developed this Guide for our buyer's who are buying bank-owned properties for the first-time.  I thought I would share with you as well.  I hope it helps.  THE BUYER'S GUIDE TO BUYING A BANK OWNED OR FORECLOSURE PROPERTY In today's Real Estate market, in my city, nearly 80% o...
This week the Congress passed the controversial $700 billion Bailout Bill.   This Bill comes with blame and finger-pointing.   Democrats blaming Republicans for deregulation.   Republicans blaming Democrats for failing to reel in Fannie Mae and Freddie Mac.  Our nation blaming Wall Street. So who...
Today, the Senate passed a bill many are calling the "Housing Rescue" Bill.    The main purpose of this legislation is to attempt to help 400,000 homeowners avoid foreclosure while preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac. Within this legislation there are...
I am shocked at the posts today on Active Rain.  A major shock wave was sent through our industry with the potential to dramatically hurt us all, yet all I see today are the "same old, same old" posts. Buried in today's overwhelming Senate passing of the Housing Bill was language that will end pr...
"$5 per gallon??   Are you freakin' kidding me, man?"    These words were uttered today by my soon-to-be 16-year-old daughter as she contemplated the price that her driver's license will cost her later this summer.     She is appalled yet she has never filled up a car in her life.  She is astound...
Jeff Belonger honored me by asking me to write this week's Mortgage Pro Week In Review. This assignment takes me back to Mr. Hamilton's 10th grade English class.   Mr. Hamilton, was in his mid 60's, with thinning,  long, gray-peppered hair.   He had black horn-rimmed Ernie Douglas eye-glasses.   ...
About a month ago, I wrote about the frustrations some agents were feeling.  They couldn't understand why it was taking so long to get their short sale offers accepted.   I received many emails thanking me.  Many wrote the same thing, "Aaron, now if you could tell us how to get our offers on bank...
As we all know, the U.S. is in the midst of a credit crunch.   Financing has become more restrictive in all areas of the housing market.   The luxury market is no different.   Here is what you can expect today when financing your luxury home:For sales prices $1,250,000 to $2,500,000 plan on at le...
It feels like nearly every deal we do today in my market involves an FHA buyer buying a bank-owned property.   Although buying activity is great, this is a buyer/seller combination with its complexities.Spurred on by government-backing, during the credit crunch, and one of the only low-down payme...

Aaron Gordon

Home Loan Consultant - Las Vegas, NV
Ask me a question
Spam prevention

Additional Information