ARCHIVED BLOG POSTS
2009
With all of the FHA activity going on in the current market, there are more and more agents asking up front if the building for the condo listing their buyers are interested in is FHA approved. I think that's very smart of the agents so they don't end up wasting their time if it is not. But duri...
05/15/2009
Anyone have the lates on HUD's earlier statement regarding buyers being able to apply the $8000 tax credit towards the down payment of their purchase. I know there was a statement released earlier today regarding this, but it seems it was retracted. I have many buyers who would probably get into ...
05/15/2009
Wow! Totally shocked to find my posting "Be At All Your Listings' Appraisals" to be a FEATURED posting. Way cool. Anyway, just wanted to thank everyone who has responded. MUCH good came out of this posting on many different levels. But most importantly, to the benefit of everyone - agents, appr...
05/15/2009
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Mortgage Rates for the Week of May 11th, 2009 Loan Type Maximum Rate Payment per $1,000 Fee (Points) APR 30 Yr. Fixed $417,000 4.500% $5.07 1.0 4.65% 15 Yr. Fixed $417,000 4.125% $7.46 1.0 4.38% 30 Yr. Fixed $729,750 4.875% $5.29 1.0 5.03% 15 Yr. $5,000,000 5.750% $8.30 1.0 5.87% 5/1 ARM $5,000,...
05/12/2009
My partner Richard Ruggaber is a Canadian-born U.S. Citizen. He is one of the most admirable, reputable, hard-working agents I know. That is mostly why he is my partner! He is a Top-10 performing agent for many years and has acheived the President's Circle status. He genuinely looks out for his ...
05/07/2009
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Fannie Mae, the single biggest player in the American mortgage market, plans to crank up the pace of short sales on properties in its bulging portfolio. Fannie intends to "streamline" procedures to enable pre-foreclosure sales to speed through what is currently an extended, and often complicated,...
05/07/2009
Is your condo listing or condo property your interested in FHA approved? In general, most newer buildings have FHA approval. But there's a good way of finding out. If you know the name of the Homeowners Association, along with the city and zip, you can go to the following website to find out: htt...
05/04/2009
I just obtained a short sale listing that has received a notice of trustee sale. This is a GREAT opportunity for someone to obtain a legal steal!! 2 bed, 2 bath, 1335 sq ft, Nice townhome with double attached garage, split-level living room/dining room, large open kitchen, master suite on top fl...
05/02/2009
Personal property is an item that is not attached to a real property and therefore considered movable. Examples of personal property in the house are furniture, linen, throw rugs, free-standing refrigerator, washer, dryer, etc. Unless specified in the contract, usually personal property is not co...
04/30/2009
Rainmaker
1,371,180
1,371,180
Ralph Gorgoglione
California and Hawaii Real Estate (310) 497-9407
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