Diane Dames's Blog

 One of my investment buyers recently purchased a beautiful bank owned home that he intends to rent out. I used to do property management along with being a Realtor. I have since gotten out of the monthly property management business but continue to be a one stop shop for my investors who wish to...

This blog is a must-read for any consumer shopping for a mortgage. It is well written by John Jones and he does a great job clarifying questions, changes and issues!Since the beginning of the financial crisis, several significant changes have occured with mortgage guidelines.  A summary of these ...

A couple of months ago, my Broker announces she would be closing down the office in the summer 2010 because she was planning moving to another state with her family. The office was always a small office with no more than 15 agents at most. When I made the move from New Homes Sales to Resale 18 mo...

After first attemting a loan modification for my clients (which took 3 months to get a final NO!) We proceeded with a Short Sale. The bank in question is Countrywide which has now become BofA. (That in itself should speak voulumes about whats to come) After submitting all requested documentation ...

I have been anxiously waiting for the guidelines of the Homeowner Affordability and Stability Plan to be unveiled today March 4th. Has anyone heard anything on it? There are alot of MYTHS and REAL facts out there and I wanted to see what the guidelines were going to be for many home owners who ar...