home loan: How to get out of your underwater house and live to tell about it!!!!! Part Quattro. - 07/15/11 12:16 PM

Desert Center Wild Flowers
Three weeks ago I started on a series of blogs to go over the nuances of the underwriting guidelines where a home owner can purchase another home to be used as their primary and turn their current home into a rental or second/vacation home.
Today is the final installment.  I want to thank those of you who have taken the time out of your busy day to read my blog and to make comments.  I truly appreciate it.
As stated before the four possible conversion groups are 1.  Principal residence that is in pending sale status, … (2 comments)

home loan: How to get out of your underwater house and live to tell about it!!!!! Part Tres. - 07/07/11 09:13 AM

Pink Blossoms on this Desert Cactus
Two weeks ago I started on a series of blogs to go over the nuances of the underwriting guidelines where a home owner can purchase another home to be used as their primary and turn their current home into a rental or second/vacation home.
Davis Calls U.S. Housing Market `Dead Spot' in Economy, these comments were made this morning on Bloomberg.  Interesting, but we still have to make a living and work the market we have.
The good news is that interest rates are still near the lows for 2011 and hopefully we will … (3 comments)

home loan: How to get out of your underwater house and live to tell about it!!!!! Part Deux. - 06/29/11 10:09 AM

Last week I started on a series of blogs to go over the nuances of underwriting where a home owner can purchase another home to be used as their primary and turn their current home into a rental or second/vacation home.
The national news outlets have reported this week that according to the S&P/Case Shiller house price report the market has seen a slight increase in home prices month over month, however home prices are still about 4% below where they were last year.  One month does not a trend make, but it's better than another down report.
Interest rates … (6 comments)

 
David A. Weaver, 24 years helping folks finance their dreams. (Peoples Bank & Trust Co.)

David A. Weaver

24 years helping folks finance their dreams.

Scottsdale, AZ

More about me…

Peoples Bank & Trust Co.

Address: 17550 N Perimeter Dr., Scottsdale, AZ, 85255

Mobile: 602-920-4765

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