GETTING a home mortgage now is a challenge; the gray area qualifying method of lenders and broker back in the mid 2000s’ to help qualify homebuyers has diminished. Therefore the…
I WILL be holding a buyers seminar January 26, 2013 in San Marino CA, please call to reserve seats. I did a research for my buyers seminar and found out…
THE Home Affordable Refinance Program expansion helps today’s historically low rates become available to customers who have an existing mortgage loan owned by Fannie Mae and Freddie Mac. There is…
I SERIOUSLY thought that our short sale days are really numbered, but base on what analyst and realtors are saying this year we would be flooded with short sale. I…
THE mortgage industry can relax now with the final fiscal cliff deal bringing back a popular tax break on mortgage insurance premiums and debt forgiveness for borrowers who go through…
IS THERE a difference between a bank loan officer and a mortgage broker? Nowadays, bank loan officers don’t have a generalize rates, meaning if you call a major bank loan…
“ The mortgage debt relief extension ultimately could affect millions of families who are underwater on their loans, delinquent on their payments and heading for foreclosure, short sales or deeds-in-lieu-of-foreclosure settlements….
“ The only reason why the Real Estate Market is better is because banks have kept interest rates low but he claims that those rates are bound to move up and…
HERE’S a bit of good news for a change, for homeowners in California. More than 22,000 homes sold in Southern California in August, showing a 14 percent increase from a…
IF CONGRESS does not extend the Mortgage Forgiveness Debt Relief Act of 2007 by the end of the year, homeowners will have to start paying income taxes on the portion…
MANY homeowners are still left with a mortgage balance that worth more than the value of the property. With the economy still being badly affected by the possibility of a…
I BELIEVE that the housing market will improve moderately in 2013, but nobody will mistake this for a boom. A favored 3-5% growth and appreciation definitely is better than a…
WE HAVE earned a right to vote here in this great nation. We should all make time to exercise that right and study the issue and vote according to our…
ADVANTAGES of home sales for 2013 is that there will be fewer short sales and hopefully more regular listing coming back on the market. Lenders have pulled together finally and…
FROM my article last week, I got a few more homeowners calling about the same scenario, I thought of researching more of how you can research and find out if…
I TOLD you I would always keep my eyes and ears widely observant for potential homeowners getting any kind of mortgage debt balance reduction. I also mentioned that I felt…
EVERYONE knows that the mortgage rates are really at its Historic Lows, we are talking about 3.25%- 3.5% for your 30 years fixed rate mortgages. I noticed that these are…
OBVIOUSLY, the simplest way to refinance without extending the term is to select a new mortgage with a shorter term. How do you refinance your 30 year loan after paying…
I THOUGHT of sharing this information about my trip to the Philippines recently. I primarily stayed in the Metro Manila and the Makati Area for about a week. I did…
ALMOST all economists and think tanks fear the same worst scenario for the US economy. I know we probably might think that the economy seems to be picking up steam….
Some encouraging news for financially stressed homeowners across the country: The Senate Finance Committee approved a bipartisan bill before heading home for summer recess that would extend the Mortgage Forgiveness…
CALLER: My neighbor has a loan modification package that reduced their loan balance by about $200,000; this reduced their payments about $600-700 per month. I have a very similar situation…
DUAL Tracking is the practice of negotiating with clients to modify a mortgage so that payments become more affordable while simultaneously pursuing foreclosure. What most of the calls I am…
CALIFORNIA would prohibit the charging of advance fees to homeowners in connection with a loan modification, and require anyone who wishes to charge a fee for loan modification services (after…
NOW when lenders pursue foreclosures and simultaneously negotiate with clients to modify their mortgages so that payments become more affordable. Homeowners will not wind up being evicted even though they…
SINCE I started informing my readers about the Harp Refinancing program, I have been getting a high volume of calls inquiring about this. Thanks so much for your support and…
For qualified borrowers who might not have any equity to Refinance ASK about the the NEW FHA Streamline started June 11, 2012 with much lower PMI and almost 0 MIP….
THE key and only answer is because they are keeping lending rates at all time lows. I suggest you better stop, listen and act on this. Why? Because if you…
IN MY opinion there is a big bad wolf that is always winning over any market we are in. It’s not the rich guy you here about buying up rental…
IF YOU are considering Short Selling your property now, the first thing your lender will ask of you is what kind of hardship are you going thru? What do you…
