ARCHIVED BLOG POSTS
2014
38
Comments
The Darker Side of Debt Relief Debt relief is a topic I have mixed feelings on. Recently, I wrote about the passage of HR 5771 and its implications (debt relief) for those who experienced a foreclosure or short sale in 2014. The vast majority of comments mentioned a desire for either a...
12/31/2014
48
Comments
No. With the holidays coming to a close for 2014 I've heard many people discussing what their big resolutions for 2015 will be. I thought I'd make a suggestion of adding this word to your regular rotation of things you say often. In fact, if there was a study done on the easiest, most ...
12/29/2014
77
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HR 5771 - Good News for Home Owners HR 5771 just passed through the Senate and was already approved by the House. With a penstroke by the President it will be official. At this point that's a formality. While there are quite a few things included in HR 5771, there are 2 areas of inter...
12/18/2014
14
Comments
Fannie Mae Guideline Change - Student Loans This one isn't a huge deal or a game changer, but something those of us in the lending world should still know about. Effective today, Fannie Mae is changing their acceptable calculation for student loans when a payment cannot be verified. ...
12/16/2014
65
Comments
No Fence Around the Pool? Problem? I was recently asked by a Realtor I do a decent amount of work with if it would be a problem for a buyer to purchase a home with a pool that has no enclosure of any kind. A cement hole in the ground, if you will. While I think she was looking for a '...
12/15/2014
10
Comments
This is a question I'm always asked, but for some reason or another I've never included it on an FAQ. Since Joan did such a great job with her answer, now I don't have to. Enjoy, and stop by Joan's blog to leave a comment on her informative post. Q & A - Can I Write a Personal Check at Closing?...
12/10/2014
80
Comments
3rd time's a charm (An ActiveRain Milestone) My ActiveRain journey began back in 2010. Really though, I didn't "get it" until September of 2013, when I put the "Active" in ActiveRain. I've managed to be pretty consistent since then after 3 years of inconsistency. My first 100,000 poin...
12/09/2014
21
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3% down Conventional - It's official! Fannie Mae has announced it is now accepting applications and funding the long-awaited 3% down conventional loan. As with any announcement, they let you know what the program is, but it's up to us to dig in for the details - that's what I'm here for...
12/08/2014
44
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That little fee? That's a BIG deal Why do people do business with us? More often than not, it comes down to 3 things. They know us (we market ourselves), they like us (we market ourselves in a good way), and they trust us (we are referred, have given something of value, or they've res...
12/04/2014
9
Comments
Chris Ann brings up something I've had on the radar for a little while, and though it's whether or not congress re-enacts the debt relief act that I think will ultimately determine if we see a slew of short sales and REO's, you can rest assured that there are many, many sellers out there coming u...
12/04/2014