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Mortgage and Lending - All Western Mortgage Broker # 14210
Las Vegas MTG Blog, Mortgage News, Mortgage Banker, John Le Francois, 7 years experience Production Manager, FHA Specialist, VA Specialist, Conventional Loans, lasvegasmtg.com, lasvegasmtgblog
RECENT BLOG POSTS
New Fannie Mae rules dfor short sale and foe Deed in Lieu....Fannie Mae has announced a new updated.  This time they are revising the waiting period for Deed-in-Lieu of foreclosure and Short Sale on conventional conforming loans effective with applications dated on or after July 1, 2010. Fannie M...
05/16/2010
Renee's Real estate evaluation on Las Vegas April Market....The Las Vegas Valley (includes Henderson & North Las Vegas) has seen some major market stabilization in the last year!  Absorption for December 2009 is a seller's market with very little inventory.  Some micro-markets (ie,Foreclosures Ba...
05/15/2010
Renee has a a Laser like perspective on the Las Vegas Market so take heed.....While I don't think this is close to over, I do believe that we may quite possibly have seen the worst of days as we cycle through Las Vegas Area Foreclosures! One trend that pushed me to an AHA (!) moment the other nig...
05/14/2010
 true story but very funny.......Part of rebuilding New Orleans (after Katrina) often caused residents to be challenged with the task of tracing titles to their homes... back potentially hundreds of years. With a community rich with history stretching back over two centuries, houses have been pas...
05/14/2010
www.lasvegasmtg.com report: In a recent article from Wall Street Journal article written by Nick Timiraos it is reported that Freddie Mac has a message for homeowners who could pay their mortgage but have decided not to "Please do not default". The problem that Freddie Mac and other investors hav...
05/06/2010
Smoke and mirrors from HOPE to HAMP.In February of 2009 President Obama made a speech in which he promised to help between 7 and 9 million families avoid foreclosure, a promise that if kept might truly have helped stabilize the U.S. housing market. Unfortunately, the promise upon which millions o...
05/05/2010
Renee Burrows has broken down the rentals available and average rents received. With Investors buying all cash transactions and renters buying their first time homes in record numbers, this crossing of paths as softened the rental market. Thank you for a detailed analysis. Renters are becoming bu...
05/03/2010
I have had clients think that their Realtor is not working for them if they do not get any sellers concessions. Now we have proof that that sellers are looking at the bottom line before accepting offers. Thanks Renee. Here is what buyers received in seller paid concessions on November 2009 Las Ve...
04/28/2010
A great article about the short sale process, which should be called a long process!I have had a good number of astute real estate professionals recently ask me "why aren't your pendings closing?" on my market reports! Here is just a peek at some market reports for one specific area (June, July a...
04/27/2010
www.lasvegasmtg.com Report: Las Vegas, Nevada's First Principal Reduction   Loan Program is now being offered at Direct Access Lending. There is now an alternative to a short sale or foreclosure, a short refinance loan. This revolutionary loan program has been successfully marketed in California...
04/24/2010