Mike Wright's (MortgagesDoneWright) Blog

  “Management by objective works--if you know the objectives. Ninety percent of the time you don’t. ”-Peter DruckerWe are just out of the gate with 2012. It’s a new year, filled with possibility and to have the highest probability of a great outcome, now would be the time to put some thought int...

203(k)-28% increase from 2010 to 2011 There should be a significant rise in that percentage in 2012. In November 2010, HUD indicated that they would have the program slightly modified and the possibility of lifting the investor’s moratorium from 1996. While we all were anticipating word by May o...

Your Credit Score What It Means to You as a Prospective Home Buyer The subject of credit scoring has become an increasingly hot topic and for good reason. For many years, the general public only associated the concept of credit scoring with the need to purchase high ticket items such as a new car...

FHA extends waiver of anti-flipping regulations through 2012WASHINGTON – Jan. 2, 2012 – In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration Commissioner Carol J. Galante today extended...

I subscribe to The Kiplinger Letter which is a management forecasting tool.  Last week’s letter had news in it that should get everyone in the holiday spirit!  It looks to me like the Real Estate forecast for the future shows a very positive trend.   Great things are coming, According to Kiplinge...