I was just reading an article about how Mortgage Fraud is now a specific crime in Missouri, but couldn’t help but think to myself whether or not this law goes far enough. While I haven’t read the law itself, a $2,500 fine and/or jail is just not going to cut it. The loans […]

Popularity: 9% [?]

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Why use a Construction Loan?
Building your dream home or rehabbing your investment properties, though exciting, may present many challenges. Although you may be familiar with the traditional mortgage process, a construction loan includes additional elements of risk. In a typical construction project, the contractor will request funds when work is completed. Many times a homeowner […]

Popularity: 11% [?]

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Due diligence is a term used for a number of concepts involving either the performance of an investigation of a business or person, or the performance of an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of […]

Popularity: 17% [?]

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Taking responsibility sometimes requires one to find an alternate path in life. I often hear and read stories about people “walking away� from their financial obligations and responsibilities simply because it’s not in their best interest to honor them, or it’s simply become to stressful.

As a Realtor, I’ve certainly not been immune to the […]

Popularity: 13% [?]

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REO stands for real estate owned. This term is used when referring to a home that has gone through the foreclosure process, failed to find a buyer at the auction, and is now owned by the bank.
One of the benefits of buying a bank-owned REO property is that investors can purchase the home free […]

Popularity: 27% [?]

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Financing the purchase of an apartment building can seem like an overwhelming task for the first time investor. Generally, I have seen that both novice and even experienced commercial real estate investors underestimate the amount of work and due diligence that is required on their behalf to get the job done right. Usually […]

Popularity: 14% [?]

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Need an incentive to help move a home?
The answer is PITI Abatment. Do not let the financial jargon scare you. For years production builders have used this incentive to move inventory. Now every seller/investor has the opportunity to participate.
What is PITI Abatement? […]

Popularity: 12% [?]

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