RECENT BLOG POSTS
ANOTHER WAY TO GET RESIDENCE TO CHOOSE GULFPORT, MS! STARTS 10/01/2008 SO WE NEED TO START GETTING IT OUT THERE! Gulfport Announces HOMELINE - A Home Ownership Assistance Program Posted: Sep 15, 2008 10:31 AM CDT Updated: Sep 15, 2008 10:31 AM CDT GULFPORT, MS (WLOX) - A new program in Gulfport i...
09/26/2008
According to Mortgagge Letter 2008-23 HUD  We've all been waiting for this because new loan amount calculations were "supposed" to be effective 10-1-08, and thank goodness they're not. They WILL be effective January 2009 so get ready. I've never actually seen HUD really and truly "simplify" anyth...
09/26/2008
I WANT YOUR MONEY Sep 25th 2008  No government bail-out of the banking system was ever going to be pretty. This one deserves support SAVING the world is a thankless task. The only thing beyond dispute in the $700 billion plan of Hank Paulson, the treasury secretary, and Ben Bernanke, chairman of ...
09/26/2008
Pre-Qualification Letters  A pre-qualification letter implies many different degrees of thoroughness in regards to determining a buyer's borrowing ability. It may indicate that a credit report has been pulled and reviewed, but no other information has been verified. The loan officer simply used v...
09/18/2008
NAMB Calls for Relief Effort in Gulf Coast Region  Take Action Now!  On September 13, 2008, Hurricane Ike hit several states along the Gulf Coast of the United States. Many cities sustained significant damage, including extensive flooding and wind damage. Authorities continue to assess the damage...
09/15/2008
Please take a moment today to remember all those who lost their lives in the 9-11 attacks.  Also remember the thousands of soldiers who have lost their lives and those still fighting two ways as a result of this day.
09/11/2008
Is it acceptable to work for an FHA approved company and have a real estate license at the same time?   It depends. (That sounds like an underwriter answer, doesn't it?) I get variations of this question all of the time, and there's a lot of misinformation out there that I'd like to clear up. I w...
09/10/2008
Written By: Anna Bahney, USA Today (Published in USA Today on 8-4-2008) The deal was to close on June 27. Drake Paul, a pediatrician, entered into a contract at the end of May to sell his two-bedroom, one-bath newly renovated house in Sparks, Nev., for $170,000. The buyer had lender approval, the...
09/10/2008
--- Top 5 Reasons Loan Officers Fail ---   1. No Referral Relationships/Partners What actions are you taking to create new, or strengthen existing relationships? 2. No Credibility Consumers and referral sources want to work with knowledgeable and reputable originators - clue, product knowledgeab...
09/10/2008
Scenario regarding First Time Homebuyer tax credit:  I recently viewed an example of the tax credit which I thought would help explain the credit.  Remember it is an EXAMPLE only:  Home Purchase:  Sam, a first time homebuyer closed on a property in May 2008.  He used Down payment Assistance and t...
09/10/2008
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