ARCHIVED BLOG POSTS

2008 

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This year alone, 30%-40% of the loans I have closed have been VA loans.  BUT none of the VA loans I have EVER closed in my career were new construction purchases where the VA loan was the end loan.  Of all the loans I have done over the years, I closed very few new construction end loans. Typical...
09/24/2008
7 Comments
I've said it before: I love technology, especially when it helps make me more productive.  I've found another valuable tool that I need to tell you about. Jott.Com offers a service that converts voice to text. It allows me to send emails virtually hands free as well as text messages without typin...
09/15/2008
0 Comments
To all you Realtors out there, as if there weren't enough details to concern yourselves with such as legislative changes, Fannie and Freddie interventions, and down payment assistance eliminations; more issues keep coming along that make things even more complicated.  To that end, if you're repre...
09/11/2008
In a previous blog post I stated that Fannie and Freddie are too important to our economy to fail.  Well we've just seen the inevitable happen with the U.S. Treasury stepping in to take over running the companies.  To cut to the chase, Fannie and Freddie need investors to buy their bond issues so...
09/09/2008
3 Comments
Some time ago I wrote a post about Eyejot.com and what a great tool it is. It allows me to keep in touch with clients and colleagues, but it also allows me to communicate with them more effectively because I can record and embed video into my emails. I needed to purchase a USB camera for about $4...
09/07/2008
Is there a difference between pre-foreclosure sales and short sales? Well, Fannie Mae seems to think so, see https://www.efanniemae.com/sf/guides/ssg/relatedsellinginfo/pdf/0816faqs.pdf. Pre-foreclosure sales are where the borrower has been delinquent on payments and the lender accepts a lesser a...
09/03/2008
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Brian P. Forrester

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