realtors: Don't be afraid of the unknown. - 05/26/17 07:58 AM
Statistics say that most people renting feel they cannot qualify to own their own home. That is not true. There are many programs that can help those renting get into a home with very little down and more often than not the house payment will be less than their current rent payment.
If buyers have employment, some savings (You dont have to have 20% down), and established credit
(It does not have to be perfect) there are programs available. Find  clients that are renting & get them pre-approved. Though there is a lack of inventory at this moment, you know as well as I that when … (0 comments)

realtors: 1 of many reason I love living in Michigan. Peace and tranquility. Where do you find peace and tranquility? - 08/06/10 07:38 AM
The Northern Lights in Michigan are breathtaking. If you have not been here you have to visit. If you are thinking of living here this is one of many reasons to live in Michigan. Beautiful Northern Lights just light up the sky's in Michigan. Where are your favorite place that give you the feeling of peace and tranquility. Please share your favorites.
 
 

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realtors: Extension for the tax credit. You can have a say. See below - 06/14/10 05:31 AM
To help get this extended call, email or fax your Senate and Congress with your opinion.
 Article on Tax Credit Closing Deadline Extension: http://www.google.com/hostednews/ap/article/ALeqM5gyeaY6RTkGpP0yC5IUaTXUXLpe6AD9G8L0080
http://www.house.gov/
Enter your zip+4 to find your local rep
 Senators of the 111th Congress

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realtors: Two BIG reasons you need to make sure your seller reads the fine print & understands the HAFA short sales agreement. - 04/21/10 07:03 AM
                                                                                                                   
We were on a webinar yesterday given by an attorney who specializes in short sales.
 
It has been brought to their attention that in the fine print of the HAFA program (Federal short sale program) that two key factors need to be explained to the sellers. The first being that if they chose to do the HAFA program the seller agrees to make partial payments and it is calculated base on income.  The payments are required until the house is sold and the title transferred. 
 
Next, if the seller is not approved for the short sale the … (0 comments)

realtors: Some banks are now creating their own guideline to the 90 Day Flipping Wavier. Beware if you have one. - 03/19/10 06:55 AM
We have just seen a change that some of the banks are enforcing.
The FHA flipping rule that went into affect on 2/1/2010 states that if a seller lists and sells a house before 90 days of him purchasing the property and he sells it for over 20% of the seller's acquisition cost. The bank will require 2 appraisals as well as an inspection of the property. We just complete one and it did go well.
However, be aware that some banks starting Monday 3/22/2010 will not accept a purchase agreement with a sales price of more than 20% of … (1 comments)

realtors: Answer these questions for yourself. I have been requested to share them. Great for anyone looking for a focus on how they look at their business. Let me know your favorite one. - 03/15/10 10:01 AM
How did you answer these questions for your own business? 
Being confident in my business is__________________________________________. 
I know one of the greatest traits in a business partner is______________________. 
Within each of us is a hidden store of________________________________________. 
In business you must attempt to_____________________________________________.
 Learning to smile in my business is an opportunity to__________________________.
 We would accomplish many more things if we _________________________________.
 The reward of a thing well done is to_________________________________________.
 In the middle of all challenges lies___________________________________________.
 Opportunity is missed by most people because________________________________.
 Do a little more each day of_________________________________________________ 
Happiness is the key to_____________________________________________________.
 If I knew I could not … (0 comments)

realtors: Your purchaser wants to buying a flip home? Agent & Buyer beware with the new changes. Here's the scoop..... - 03/05/10 03:44 AM
Everyone thinks that the 90 day wavier to the flip rule opens the door  to alot more purchases. Well Agents and Client's beware of the rules!
I had a transaction that was signed on 2/1/10. Home is cuter then can be. The buyer was willing to pay what ever it took to get the home. The were multiple offers. They got it. With the rule we had the first apprasial it came $3,000 under the agreed price. The seller said o.k will drop it.
Now it is time to pray!
Now we get the second apprasial per requested new wavier rules … (2 comments)

 
Natalie De Leo, Former Realtor now Mortgage Consultants (Mortgage Resource Plus)

Natalie De Leo

Former Realtor now Mortgage Consultants

Southfield, MI

More about me…

Mortgage Resource Plus

Address: 29201 Telegraph Rd, Suite 611, Southfield , MI, 48034

Office: 248-642-4600 Ext 110

Fax: 248-642-6160

A place to share your day's challenges & your success stories. Business partners coming together to work on building trusted relationships. Finding the solutions to the everyday changes of the real estate and mortgage industries.


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