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Services for Real Estate Pros - Black Ops Outfitters
Thank you for visiting my blog. I hope you find the information useful and informative. Regards, Gerard Lad www.caloanpros.com
RECENT BLOG POSTS
According to W.F. lending - 3 hours and 28 minutes Mortgage rate volatility returned last month after a relatively slow December, 2008.  Multiple rate sheet days outnumbered single-rate-sheet days nearly 4-to-1 from lenders in January, 2009.  For home buyers and refinances elsewhere, quickly chan...
02/02/2009
The "Garden State" just passed a bill enacting the Mortgage Stabilization and Relief Act. According to the act, lenders filing a complaint to foreclose on a high risk mortgage loan must grant borrowers a minimum 6 month period of forbearance to pursue a loan restructure, loan modification, refina...
01/30/2009
There's no secret that home prices have declined (plummeted in some areas) and the mortgage rates are fluctuating at the lowest levels in 37 years! Now's a great and exciting time for a homebuyer to be looking for a home. There's also a lot of loans programs out there for clients to choose from d...
01/26/2009
I just went to an interesting seminar this past week and here's some industry facts that I wrote down. I can't verify these facts as 100% correct, but I do believe they are accurate based on the renown speaker that presented these facts.  3.2 million foreclosure filings reported (81% increase)  $...
01/24/2009
A large portion of condo purchases in the last five years has been rentals, and second homes.  A large percentage of the homes in foreclosure or currently in default in the U.S. are condos.  If the property is not the borrowers' primary residence, they are less likely to make the payments when ti...
01/19/2009
Due to the passing of the Emergency Economic Stabilization Act of 2008 and the Housing Rescue and Foreclosure Prevention Act of 2008, tax laws continue to change and get more complex. Many of the new provisions may affect your 2008 tax return, we hope that you benefit from these tax law changes. ...
01/14/2009
Are YOU Or Anyone You Know...... FACING FORECLOSURE?UPSIDE DOWN ON YOUR HOME?STRUGGLING TO PAY YOUR MORTGAGE? If you are struggling to make ends meet then we will likely have an alternative for you besides allowing your lender to foreclose on your home. Don think that you have no options- we can ...
01/13/2009
FHA Streamline Refinance   (FHA to FHA loan) FHA streamline loans are fast and easy loans. If you or your clients currently have an FHA loan, they can still refinance even if they are upside down as long as they are within the new FHA loan limit guidlines. You must currently have an FHA loan to d...
01/12/2009
In 2009, many taxpayers over age 70 1/2 are allowed to skip one year of withdrawals from their retirement accounts without penalty! Typically, you must take minimum distributions from your retirement accounts after age 70 1/2 in order to avoid paying penalties. This is known in tax lingo as a "re...
01/09/2009
Stricter underwriting standards, higher down payment requirements, and more rigid credit score requirements are leading many home buyers to apply for Federal Housing Agency (FHA) mortgage loans.  Loans issued through an FHA-approved lender often require only a 3.5% down payment and borrowers can ...
01/08/2009
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Gerard Ladalardo

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