I subscribe to the daily webcasts of Think Big, Work Small (TBWS), which is hosted by these two guys, Brian Stevens & Frank Garay.  TBWS was founded a couple of years ago by a bunch of real estate and mortgage people who wanted to teach others in the business how to work smarter to grow their bus...
In Part 1, I explained what underwriting conditions were and in Part 2, I discussed how verifying that a borrower has the funds to close escrow can go from good to bad to ugly without the proper documentation.  There are several areas of the transaction that can be a source of grief when it comes...
Last summer, the Los Angeles Housing Department (LAHD) rolled out their Neighborhood Stabilization Program (NSP).  This was a program that was specifically designed for low-medium income, first time buyers to utilize federal funds to purchase foreclosed properties in federally designated areas i...
In Part 1, I explained what underwriting conditions were and how some conditions can be good and pretty standard and easy to fulfill.  Some can be bad and a challenge to fulfill and others are just downright ugly and are either impossible to fulfill or just basically nonsense.  Adding to the chal...

Donne Knudsen

CalState Realty Services
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