fha: Concessions on Seller Concessions - 01/26/12 02:40 AM
Has your year gotten off to a good start? 2012 appears to be more encouraging on the home front! If you recall, last year FHA, in all its wisdom, announced intentions to drastically reduce the maximum seller concessions from 6% to 3%. Not good news for buyers, sellers or the industry in general. So many transactions rely on FHA and seller contributions, and couldn't happen without them. Well the troops mobilized with voices from lenders, Realtors, builders and consumers and HUD wants you to know they're listening. The details haven't been finalized, but word is out that there will be higher … (0 comments)

fha: Divorcing Clients Can Qualify For a Mortgage - 01/20/11 01:41 AM
FHA  Qualification Guidelines For Divorcing Clients   Have you ever had a divorced client who couldn't qualify because they didn't know they were still on the mortgage of the marital home? This happens all too frequently- a person is quit claimed off the deed, but mistakenly left on the loan.   HUD Guidelines for an FHA loan qualification will  allow a divorcing woman or man to qualify for a new mortgage while still remaining on the previous note.   Specifics  *No late payments on the current loan.  *The Final Divorce decree must be specific and clearly indicate that the spouse remaining … (0 comments)

fha: Have You Heard What FHA is up to? - 09/28/09 09:27 AM
New FHA Commissioner, David Stevens, announced the agency will be changing their appraisal rules and also including a 10% reduction in the amount senior home owners can receive from the reverse mortgage program. The latter is a discussion for another day.
The new guidelines, which will be instituted January 1, adopt some of Fannie Mae and Freddie Mac's "home valuation code of conduct" (HVCC). They also stipulate that FHA will not accept appraisals ordered by mortgage brokers, lenders, or anyone compensated on a commission tied to the completion of the loan. FHA regulations do differ from Fannie and Freddie, in that FHA … (2 comments)

Joan Rogliano (Rogliano Real Estate Group) Rainmaker large

Joan Rogliano

Denver, CO

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Rogliano Real Estate Group

Address: 4 W. Dry Creek Cr., Suite 100, Littleton, CO, 80120

Office: (303) 667-5485

Mobile: (303) 667-5485

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A real estate agent for 25 years, Joan is a CRS,GRI,CLHMS, and Certified Real Estate Divorce Specialist.




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