|
Quick Tips : Boost Your Credit Score For Better Mortgage Rates
2012-02-09 14:45:00 Lenders are reserving lowest rates for the customers with high FICOs. Here's a few ways to improve your credit score quickly.
Lock An Instant 13% Savings On Your Monthly Mortgage Payment
2012-02-07 14:45:00 You could save 13% on your mortgage as compared to one year ago.
How to Get a Mortgage When You Have Bad Credit
2012-02-03 06:00:00 The problem with getting a bad credit mortgage is it's expensive. The only people making loans to people with bad credit are the guys who are charging an arm and a leg for the mortgage. They can get away with it because as long as they follow state usury laws and people are willing to take their money, it's legal. For some borrowers, those who have gone through a foreclosure or a bankruptcy, a bad credit mortgage is better than no mortgage. If you go that route, just don't plan on sticking with the mortgage for any long period of time. Make it a short-term solution . . . read more about taking out a Bad Credit Mortgage. More Articles by Elizabeth Weintraub: What is a Hard Money Loan? How to Buy a Home With Bad Credit Buying a Habitat for Humanity Home ©Big Stock Photo Technorati tag: bad credit mortgage At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California. How to Get a Mortgage When You Have Bad ...
Mortgage Notes ? A Hard ?Land-ing?
2012-01-25 20:20:00 Yesterday, a guy called me wanting to sell his mortgage on a small piece of land located in a desolate area, far from any population centers. The parcel had access to water (from a well) but no other improvements. He purchased the property last summer for $60K and had just sold it for $110K. Of ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. Mortgage Notes ? A Hard ?Land-ing?
The Federal Reserve Meets Today : Mortgage Rates Expected To Move
2012-01-25 14:45:00 The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of 8 scheduled meetings this year.
Property Values and Mortgage Notes
2012-01-13 14:05:00 ?Why the heck do you need to do an appraisal if you?re just buying my mortgage note? You?re not buying the house.? That was a question from a recent client, and it is not the first time that I?ve been asked the question. From the note holder?s perspective, the question is quite reasonable. When considering ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. Property Values and Mortgage Notes
Lock Your Mortgage Rate : New Loan Fees Expected Within Days
2012-01-10 14:45:00 Starting soon, nearly all home buyers and refinancing households nationwide will pay higher mortgage loan fees. Congress has made it law.
The Role of Credit Scores in Mortgage Note Investing
2012-01-06 20:25:00 Any time that a mortgage note holder calls me about selling their note, one of my initial questions to them is regarding the credit score and current employment of the payer (the new owner of the property who is making payments on the note). More often than not, the caller will have little or no ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. The Role of Credit Scores in Mortgage Note Investing
Are You Locked ? Friday?s Job Report Will Make Mortgage Rates Move.
2012-01-05 14:45:00 If you're floating a mortgage rate, or have yet to lock one in, today may be a good day to call your loan officer. Friday morning, the government releases its Non-Farm Payrolls report at 8:30 AM ET.
Housing And Mortgage : The Experts Make Their 2012 Predictions
2012-01-04 14:45:00 As the new year begins, there are no shortage of stories telling us what to expect in 2012.
Mortgage calculator
2011-12-24 10:39:00 Medicare supplement allowance behaviors are actually regarded when it comes to three or more modified techniques. The particular aboriginal is actually issue-age performing, which will bureau which the Medigap muscle size is usually abased around the get older within issuance, along with the mass isn’t going to easy access when the blanketed on it’s own ...
Pay Your Mortgage Early, Boost Your 2011 Federal Income Tax Deductions
2011-12-23 14:45:00 Time is running out to boost to your 2011 federal tax refund. All that's required is to make your January 2012 mortgage payment while it's still December.
Mortgage Payments Fall 12% Since February 2011
2011-12-16 14:45:00 As mortgage rates drop, so do housing payments. It's a good time to consider refinancing your home, or making an offer on a new one. Mortgage payment affordability has never been so high in history.
The Sweet Spot in Mortgage Notes
2011-12-16 14:39:00 Yesterday, I was contacted by a person wanting to sell a real estate note with a face value of $9700. That?s right, nine-thousand seven-hundred dollars. The sales price was also $9700, as there was no down payment and no seasoning (payment history). This was supposedly for a house in the Midwest, though at that price, ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. The Sweet Spot in Mortgage Notes
Is it really harder to get a mortgage now?
2011-12-09 16:35:00 You hear a lot of complaints these days that mortgages have become impossible to get. Real estate agents and various media pundits are the main dispensers of this wisdom. But is it true? Well, back in June DBRS, a credit rating provider kind of like S&P, provided a really nice summary of what has changed... Read more »
Mortgage Notes ? Getting to Know the Customer?s Needs
2011-12-09 14:45:00 When I first started in the mortgage note buying business almost ten years ago, I made the usual rookie mistakes. One error was a biggie, and I should have known better after spending years in sales and business development at a Fortune 500 company. That error was one of the easiest to overcome, as it ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. Mortgage Notes ? Getting to Know the Customer?s Needs
Reduce Long-Term Loan Costs With A 15-Year Fixed Rate Mortgage
2011-12-09 14:45:00 For as low as 30-year fixed rate mortgage rates are today, 15-year fixed rate mortgage rates are even lower.
Reduce Long-Term Loan Costs With A 15-Year Fixed Rate Mortgage
2011-12-09 14:45:00 For as low as 30-year fixed rate mortgage rates are today, 15-year fixed rate mortgage rates are even lower.
Anniversary Giveaway Reminder, Book Winner, GIC vs Mortgage and More
2011-12-09 13:30:00 A quick reminder of the $1000 giveaway for the 5th Anniversary of MDJ ends in about a week. Be sure to enter! One the same topic of giveaways, who gets a free copy of The Worried Boomer? Joanne! 87. Joanne Always enjoy the investment tips that Derek provides. It makes sailing around in the investment world ...
Have Mortgage Rates Bottomed Out?
2011-12-07 14:45:00 Mortgage rates have troughed. Or, so it seems.
Mortgage Notes ? Dealing with other loans
2011-12-02 15:30:00 If you still owe money on a property and want to sell it using owner financing (creating a mortgage note), would you later be able to sell that note? The short answer is ? yes, usually. Let?s say that you own a house worth $100,000 that you?re currently renting out, and you owe $40,000 to ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. Mortgage Notes ? Dealing with other loans
Friday?s Jobs Report Represents A Big Risk To Low Mortgage Rates
2011-12-01 14:45:00 At 8:30 AM ET Friday, the government's Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.
Mortgage Secrets : Don?t be a sucka!
2011-11-27 13:22:00 Really want the best Apples to Apples comparison to shop mortgages for your home? If so, follow the advice below as presented in these two scenarios. Customize the questions to suit your finances. Scenario #1 THINK: I want to spend the least amount of cash at Closing. ASK: “I want to know the best ...
Don't Pay Off That Mortgage
2011-11-25 06:00:00 I never thought I'd live to see the day when financial planners would recommend stuffing money into your mattress, but that's basically the message today. There is a piece in the New York Times advising homeowners to not pay off the mortgage when they retire. Interest rates are so low there is really little advantage to get rid of a mortgage. The interest tax deductions are low, too. When you throw into the mix the fact that in many parts of the country, prices are still falling, it doesn't make sense to pay off an asset that is diminishing in value. A mortgage friend of mine lives by a clever motto. She says, "Keep your powder dry." Meaning, don't put all of your money into real estate -- use leverage. Keep cash on hand. More Articles by Elizabeth Weintraub: Home Buying in a Falling Market 3 Things to Know About Refinancing a Mortgage What is a FICO? Technorati tag: pay off mortgage At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon R...
Congress Reinstate Higher FHA Loan Limits
2011-11-21 22:23:00 On October 1, 2011 the increased loan limit for FHA Loans expired reducing the limit in the Seattle area from $567,500 to $506,000 for FHA back loans, potentially affecting upper-end purchases. Last week, FHA got a reprieve from Congress, which reinstated the higher loan limits in 42 states through 2013. For the Seattle/King County area ... Similar posts you may find interesting:FHA and Conforming Loan Limits Expected to Reduce HUD approves monetizing the $8,000 tax credit NWMLS 2007 Condo Highlights Newly constructed FHA approved condos
State Mortgage Market in Canada: Self Denial?
2011-11-20 23:23:00 Canadians are increasingly concerned about the increasing debt of their fellow citizens, according to a new survey.The Canadian Association of Accredited Mortgage Professionals (CAAMP) produced the findings in its annual State of the Residential Mortgage Market in Canada report after surveying 2,000 online respondents.  About half the respondents were homeowners.Respondents were asked to rank their agreement on a scale of 10 on various issues relating to housing and mortgages, and the highest score, 7.98, was for the statement “as a whole, Canadians have too much debt.” Almost one-half, 46%, gave a rating of nine or 10, showing very strong agreement with the statement. (I talked about rising consumer debt levels in a recent post)The response to those surveyed was more mixed when asked if the Canadian market was in a bubble currently. The average score was 6.07 out of 10, with 46% of responses being closer to a neutral score of 5 or 6.But while there might be some concern about ...
State Mortgage Market in Canada: Self Denial?
2011-11-20 23:23:00 Canadians are increasingly concerned about the increasing debt of their fellow citizens, according to a new survey.The Canadian Association of Accredited Mortgage Professionals (CAAMP) produced the findings in its annual State of the Residential Mortgage Market in Canada report after surveying 2,000 online respondents.  About half the respondents were homeowners.Respondents were asked to rank their agreement on a scale of 10 on various issues relating to housing and mortgages, and the highest score, 7.98, was for the statement “as a whole, Canadians have too much debt.” Almost one-half, 46%, gave a rating of nine or 10, showing very strong agreement with the statement. (I talked about rising consumer debt levels in a recent post)The response to those surveyed was more mixed when asked if the Canadian market was in a bubble currently. The average score was 6.07 out of 10, with 46% of responses being closer to a neutral score of 5 or 6.But while there might be some concern about ...
Mortgage Home Financing for Canadians buying in the United States is back!!
2011-11-17 19:45:00 Image by Antony Pranata via Flickr Since one of the last blog post on my site from June 2007 “Buying a second home in the United States as a Canadian” things in the mortgage industry have changed drastically. Along with all the changes and tightening of the lending guidelines Loan Programs for Foreign Nationals buying ...
Another Wave of Foreclosure is Ready to Hit the Nation Again
2011-11-14 12:07:00 According to the latest reports by the experts, the number of foreclosure filings and its related processing are increasing in Pueblo once again like other parts of the nation. Although the numbers are increasing, according to experts, this increase will not be as high as 2009.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Another Wave of Foreclosure is Ready to Hit the Nation Again
Mortgage and Property in South America
2011-11-11 21:22:00 Because of the property boom in South America, there are many individuals enticed to invest in the region. The article provides tips on getting a mortgage in South America.
Picking The Right Commercial Mortgage Lender
2011-11-11 21:21:00 Commercial mortgage lending requires the right commercial mortgage lender. Sounds easy when you hear it, right? However, the challenging part is when you pick which bank or lending firms to work with.
Protecting Your Mortgage Note
2011-11-11 14:15:00 With home prices continuing to drop, these remain challenging times for real estate investors and mortgage note buyers. You can make good money if you pay attention and know what you?re doing, but will lose your shirt if you?re not careful. The National Association of Realtors reported that third quarter numbers were again dismal. Median ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. Protecting Your Mortgage Note
New State Laws in Nevada to Stop All the Wrong Methods of Foreclosing
2011-11-11 12:21:00 Filings for foreclosure in Nevada went down in the last month when the latest law of the state for foreclosure processing was introduced. Nevada has taken some other steps as well to stop all the wrong methods of foreclosing a mortgaged property.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - New State Laws in Nevada to Stop All the Wrong Methods of Foreclosing
Banks Resume Tightening Mortgage Guidelines
2011-11-10 14:45:00 After a 2-year easing cycle, the nation's biggest bank banks report that they've reversed course, and are raising the bar on mortgage approvals.
Foreclosure Numbers Shows that the Foreclosure Crisis is Not Over Yet
2011-11-09 12:39:00 On the basis of the number of foreclosure cases that were filed in the courthouse, it was found that the number of foreclosed properties in Sedgwick County has dropped in the last quarter and this decline continued till October.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Numbers Shows that the Foreclosure Crisis is Not Over Yet
Bank of America ? Loan Modifications to Avoid Foreclosure
2011-11-08 12:36:00 According to Bank of America, there is a list of 30,000 distressed homeowners who are behind in their mortgage payments and are facing foreclosure. These homeowners have been invited by the bank for a discussion on loan modification.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Bank of America – Loan Modifications to Avoid Foreclosure
Deficient Amounts to Be Paid by the Homeowners
2011-11-07 13:03:00 While selling a foreclosed property through a short sale or foreclosure auction, many times lenders faces a huge loss due to the price gap between the mortgage amount and the selling amount. The banks are taking legal help to claim this deficient amount from the homeowners.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Deficient Amounts to Be Paid by the Homeowners
Promoting Mediation Programs: Good or Bad?
2011-11-03 12:44:00 Maine, Connecticut, Vermont and New Hampshire and the other important Rhode Island cities are taking the help of mediation programs to avoid foreclosure but Massachusetts is totally out of this system. There was no such law in Bay State till August but it also initiated the program when Springfield adopted a local law of mediation.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Promoting Mediation Programs: Good or Bad?
Make Your Mortgage Rate Strategy : The Federal Reserve Starts A 2-Day Meeti
2011-11-01 13:45:00 The Federal Open Market Committee begins a scheduled, 2-day meeting today, the seventh of its 8 scheduled meetings this year, and the eighth Fed meeting overall.
Foreclosures Hit Minnesota in the Third Quarter
2011-11-01 12:12:00 In the previous year, the number of foreclosures in Minnesota was lower than the average rate across the nation but this year, in the last three months, there was a sudden rise in the number of homeowners of Minnesota whose mortgage properties have moved into foreclosure.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosures Hit Minnesota in the Third Quarter
Increasing Number of Foreclosures in Jefferson County
2011-10-31 12:26:00 Recently, in a news report it has been reported that maximum number of eviction cases are going on in Louisville, which has never happened before. The rate of foreclosure was up 21% in Jefferson County the previous year in comparison to 2009. There are nearly 5,300 foreclosed properties in Jefferson County.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Increasing Number of Foreclosures in Jefferson County
3 Facts Why The Reverse Mortgage Equity Share Depends On The Age
2011-10-29 11:09:00 Have you thought, that the reverse mortgage equity share depends on the age of the youngest borrower? Have you ever wondered, what age has to do with the amount of the loan a senior can get?
Common Benefits Of Using A Mortgage Broker
2011-10-29 11:09:00 The house buying process is often known to be faced with an incredible number of complications and issues at various points in time. The recent housing market conditions have become overwhelming for buyers in that there are more options to choose from ...
CalHFA Still Pushes them Into Foreclosure
2011-10-27 13:39:00 A recent report has been published by the California Senate which states that the renowned California Housing Finance Agency (CalHFA) is pushing many mortgage properties of borrowers into foreclosure, and there are borrowers who are currently paying their regular mortgage payments in the list of these borrowers.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - CalHFA Still Pushes them Into Foreclosure
16 Year Old Builds Tiny House for a Mortgage-Free Future
2011-10-26 18:59:00 From TreeHugger: The recent housing and economic crises has many people rethinking what they really need-not least those who are just starting out on their journey into adulthood and independence. Austin Hay, a highschool student from Sonoma, has an alternative plan. He's been building a
Number of Issued Default Notices in Napa County Up Once Again
2011-10-26 13:35:00 In 2010, the number of households that were facing foreclosure in Napa County in the period of July to September was quite low, whereas in the same period this year the figure rose by 18.5%. After the third quarter, condos and households have got 263 foreclosure default notices in the county.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Number of Issued Default Notices in Napa County Up Once Again
Foreclosures Fall in Norwood Between September 2010 and 2011
2011-10-25 13:32:00 In a report that has been released in the previous week, it was found that the number of petitions of foreclosures in Norwood decreased from five to only one in the last month. It also showed that various foreclosure deeds, including the completion of foreclosure cases, were stable and fixed at zero levels over the same span of time.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosures Fall in Norwood Between September 2010 and 2011
HARP: Distressed Arizona Homeowners to get more Help!
2011-10-24 23:13:00 Distressed Arizona Homeowners to get more Help! Click here to get a HARP refinance rate quote. Image via Wikipedia Today we got good news from the Federal Housing Finance Agency that changes to the Home Affordable Refinance Program (HARP) are coming. When HARP was announced in 2009 it was very limited to situations where the ...
Finding Equity in Mortgage Notes
2011-10-21 22:56:00 My experience with most real estate investment gurus has been less than favorable, for reasons that I won?t go into here. There are a few exceptions, one of whom is here in Southern California and who I deeply respect for his intelligence and integrity. My interactions with him have all been so positive that I ...This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved. Finding Equity in Mortgage Notes
Foreclosure Auction Shows an 8% Increase in Foreclosures in Tarrant County
2011-10-21 13:27:00 Tarrant, Denton, Collin and Dallas counties made up the metropolitan area and the total foreclosure postings in all these counties summed up to 4,455 this November, which is 6.6% up from the number of postings in October. However, the number is lower by 4% than the same period last year.Looking Foreclosed Homes? ForeclosureWarehouse.com has the best online resources of foreclosures in California, Florida, Georgia, Michigan, Texas and all US States - Foreclosure Auction Shows an 8% Increase in Foreclosures in Tarrant County |
|
 |
|
 |
