purchase: MISCONCEPTIONS about the BARRIERS to BUYING a HOME.
- 07/09/14 05:24 PM
The TBWS/NREP show quite a while back really slapped me in the face. Us “mortgage folks” who are trying to help finance homes are asking ourselves… WHY ISN'T MY PHONE RINGING LIKE CRAZY RIGHT NOW??? Rates are at ALL TIME LOWS and Home Prices are back to what they were in 2002! So WHY? Frank and Gary made a point that there is a MISCONCEPTION by possible home buyers of what it takes to actually buy a home. They pointed out that it’s possible that folks don’t understand the down- payment requirements for today’s loans. This possibility inspired me to take a survey to ask “what do you think … (2 comments)
purchase: Maximum FHA Loan amounts... going down!!
- 12/13/13 05:02 AM
Yeah… *sigh*. Another great move to help the housing market right? (please read that with my sarcastic tone) Announced late last week on Dec 6th in ML 13-43 HUD has elected to change the limit for FHA loans from $365,000 for single family homes in the Twin Cities market down to $318,550. It doesn't matter what FONT or what COLOR is used... it's still not pretty. The limits go into effect for FHA casefiles reserved on Jan 1st 2014.
WHAT DOES THAT MEAN TO ME?
If you’ve been looking at qualifying for a purchase and expecting to use … (2 comments)
A smarter Realtor/Loan Originator team can make a transaction effortless for a buyer and lead to future business from them, their family, friends, co-workers and neighbors.
Raving fans of your service will WANT to share their experience.
The TBWS/NREP show quite a while back really slapped me in the face. Us “mortgage folks” who are trying to help finance homes are asking ourselves… WHY ISN'T MY PHONE RINGING LIKE CRAZY RIGHT NOW??? Rates are at ALL TIME LOWS and Home Prices are back to what they were in 2002! So WHY?
;)
;)
