mortgage
Commentary by Marty Boardman | January 20, 2012The house on Carla Vista Drive had never been remodeled. Nor did the original owner elect to pay for any upgrades when the home was first purchased. Built in 1992, it had no appeal to a retail buyer. From the peach-colored mini aluminum blinds, to the blue countertops, to the white-washed kitchen cabinets, this house [...]
Real Estate Investing by Ken Corsini | December 21, 2011 
So you bought that investment property, rehabbed it from top to bottom and now you’re wondering where the buyers are. Unfortunately this economy is nothing like Field of Dreams – “If you build it, they will come” does not necessarily work anymore. With so many discounted properties on the market right now, the fix and [...]
Read the full article → Commentary by Marty Boardman | October 27, 2011 
Kevin is not giving up without a fight. I know this because those words are written on a piece of paper taped to his front door. NOT GIVING UP WITHOUT A FIGHT! His house is scheduled to go to a foreclosure auction today. Kevin bought his home on July 8th, 2003 for $270,800. The real [...]
Read the full article → Real Estate Investing by Alan Noblitt | October 7, 2011 
The economies of the U.S. and other developed countries continue to stumble, the stock market is trending downward and threatening to completely tank, and most literate citizens are slowly waking up to the fact that the governments that created this mess are only making it worse. The banks, seeing all of this happen and having [...]
Read the full article → Mortgages & Lending by Kevin Kaczmarek | August 10, 2011Yesterday was another roller coaster ride on Wall Street and outside of your mutual funds, stock and bonds, what happened yesterday has a major impact on your real estate business. For months now we have been talking about buying and selling properties with seller financing. There was one particular article that now has a greater [...]
Real Estate Investing by Jason Hanson | June 12, 2011Two weeks ago I mentioned that one of the easiest (and free) ways to get a lease option deal is by calling “for rent” ads in your local newspaper. This week I’m going to share with you how I personally structure my lease option deals to make sure I get paid. First off, remember that [...]
Housing by Ryan Hinricher | May 30, 2011This week we cover the pending home sales release from the National Association of Realtors, new home sales, interest rates, and news on delinquency. Pending Home Sales Hit Skids The National Association of Realtors (NAR) reported pending home sales plunged 11.6% in April. Year-over-year pending home sales are down 25.6% when the second home buyer [...]
Real Estate by Dean Ouellette | August 7, 2010 
1 ) Big news this week as rumors spread like wild fire about an An August Surprise from Obama? Would Fannie and Freddie really be willing to give principle reductions to all underwater home owners? This news caused a tidal wave of bloggers commenting and Tweeting about it. We heard on Friday that the Treasury [...]
Read the full article → Mortgages & Lending by Justin McHood | July 6, 2010Have you ever heard of a “Green Mortgage”? If not, you may soon. They seem to be gaining steam along with the rest of the “green” movements. In order for a mortgage program to be considered a “green mortgage” program, it simply has to have an incentive that can be added to a regular mortgage [...]
Real Estate News by Dean Ouellette | July 3, 2010 1 ) Times are changing. Fannie and Freddie over the last few years have been lowering the time required before you can get your next mortgage after you have a foreclosure or short sale. Now Fannie Mae Changing Guidelines For Strategic Defaulters which will make it harder if they determine you are a strategic defaulter. [...]
Read the full article → Real Estate Investing by Richard Warren | June 21, 2010 
Real estate is in the news yet again. We have the FBI’s report of almost 500 arrests for mortgage fraud in Operation Stolen Dreams (press release). Each month we have the list of foreclosure rankings released with Michigan holding on to the top spot and Nevada close on its heels. Then we have all of the people who are [...]
Read the full article → Real Estate by Dean Ouellette | June 20, 2010 1 ) REALTOR, it is such a hot button word for many agents. How many agents are told they cannot use the word the way they are using it such as in website names . . . a lot of them. Realtor -vs- Real Estate Agent. When is it Appropriate to Use the Term Realtor? [...]
Read the full article → Real Estate News by Alex Cortez | May 9, 2010 
With such a high-pace, fast-changing industry like real estate, at times it becomes difficult to get caught up with the comings and goings of what’s going on with the market. And in the spirit of being succinct yet informed, I compiled a list of newsworthy events in real estate for the past week
Read the full article → Real Estate News by Dean Ouellette | April 10, 2010 1 ) How To Salvage The Mortgage Industry in Six Months – If rates skyrocketed would people stop buying houses or would prices just drop so that the payments stayed the same? 2 ) Would You Use The Same Real Estate Agent To Sell Your House Again? 80% Said No! – This is just scary and [...]
Read the full article → Mortgages & Lending by Peter Giardini | March 18, 2010 
I hope I got your attention? If you have not been paying attention to the changes the leading mortgage lender in the country is up to, you may want to start paying attention now! A little background: For many years FHA has served a specific portion the home buying population that could not obtain mortgages [...]
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Joshua Dorkin
Time to Let Underwater Homeowners Drown
by Marty Boardman | January 20, 2012The house on Carla Vista Drive had never been remodeled. Nor did the original owner elect to pay for any upgrades when the home was first purchased. Built in 1992, it had no appeal to a retail buyer. From the peach-colored mini aluminum blinds, to the blue countertops, to the white-washed kitchen cabinets, this house [...]