Jeremy answered:
For Us Banks American Dream home loan program, how is the median area income determined? also, do they use last years w-2 to determine if you qualify?
we famuly of 3 husband, wife and 4 years old child. if my late year in come $52,250. can i be qualify of americam dream loan?
Sue Archer answered:
Communication between the realtor and the lender...
You need a strong team behind you to successfully buy a home and two of your key participants are your lender and your realtor. Your lender shares only pertinent information regarding w
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The NATIONAL ASSOCIATION OF REALTORS in coalition with the Mortgage Bankers and Home Builders, sent a letter to Congress urging them to make the VA ARM programs permanent. The authority for ARM loans expires…
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There are several ways to sell properties, but there is only one thing you need to do to get the attention of potential buyers. As a home owner, you have the right to improve the entire look of the property…
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Record low mortgage rates coupled with relatively low home prices and a lack of inventory has once again created the multiple offer environment virtually everywhere in California.ย As a local direct mortgage…
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Johnny Brooks answered:
A question to my cadre of real estate pros:
Are you seeing any signs of loosening inventory?
The Davis, California housing inventory is very low. We are seeing multiple offers on those homes that price their home correctly. That's even with prices double that of most other part
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Our weekly update to share with you! For the third-straight week, fixed-rate mortgages reached new record lows, pushing home affordability even higher for those who can qualify.ย "The European debt crisis…
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More good news to share! Mortgage applications soared 9.2 percent last week, as more Americans sought to take advantage of record low mortgage rates, according to the Mortgage Bankers Associationโs weekly…
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Sue Archer answered:
can I buy with my Itin Number?
I'm not sure what nationality you are, but I had just closed a transaction with a Chinese national. She paid cash for her home. The bigger challenge was in some of the other factors sur
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NAR found that the national median family income was $61,000 in the first quarter. If a buyer wanted to purchase a home at the national median price, he or she would need an annual income of $34,700 if…
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What does speed look like? ย Have you ever worked with a lender that closed like a freight train? ย He/she actually answered their phone and pre-approved your buyer quickly (say 30 mins).ย He/she got…
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Stephen FitzMaurice, Realtor answered:
Loan after short sale
I had some clients with the best credit and cash on hand you could imagine. I successfully short sale'd their home (way underwater) and then they tried to buy as quickly as possible. No
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Reo Broker answered:
how do i start getting reo listings? is there a list of lenders that offers this?
I purchased a List of National REO Asset Management Companies list from http://estator.co/store/store.aspx this list has approximate 100 contacts of REO companies I followed the instruc
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There were 19 homes sold in Sierra Oaks, Wilhaggin, Del Dayo and Shelfield in the month of April, 2012. This is a increase from theย 12ย sold inย March,ย 2012.ย Here are the addresses and specific de…
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For the second consecutive week, fixed-rate mortgages reached new all-time records lows, offering another big boost to home buyer affordability.ย The 30-year fixed-rate mortgage averaged 3.83 percent…
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Some real estate experts reveal that the total number of Sacramento homes for sale is slowly dropping at an unprecedented rate as of the 3rd quarter of 2011. In the latest figure gathered from the Department…
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Warren Lai answered:
how much are each flat renting for per month? or what is the rental potential for interested investors. thank you
not for rent, for sale only
Gina Borges-Valdez answered:
trying to find out who owns the note on our home, loan origiated as a Grenpoint loan, which was sold to CapitolOne , who sold to Countrywide....???
I would start by calling Bank of America on Monday. It is not unusual for loans to be sold. If your loan was sold after it was transferred to Countrywide (those loans now with BofA) the
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John Arendsen answered:
My grandma has 2 mobile home in a retirement park in Plaserville Ca and she needs to sell them. What would be the best way to sell them?
Frankly, I wouldn't use a RE agent at all and I are one. Unless they specialize in MH's. I'd be more inclined to use a Manufactured Home Dealer/sales person. You will probably save on
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