You must record the lien in the county of the property. If you want to find out what position your in you must do a title search. If you dont record the lien, it wont show on title
I still have programs that allow 30% down for foriegn nationals.
Ryan
954-764-7064
p.s The guy posting that you should contact reputable banks will have you on a wild goose chase. That is the job of a broker. Thats like me saying "go look for a house from a reputable seller" just like a realtor, mortgage brokers help find you the best deal. - Mon May 19 2008, 14:07
There are only a few lenders doing foreign nationals. Give me a call and I will go over there programs in detail. Thanks
Ryan
888-271-2221 - Wed Apr 30 2008, 09:18
Sorry about the vague description and I hope I can clarify more in this post.
I have been buying refinance leads from credit burueas for over 4 years now. Only concentrating on the refinance market has been succesful but over the last year we have had obvious issues regarding appraised values. After discussing these issues with my lead source I have decided to put together a mailing/dialing campaign targeting First Time Homebuyers. This list would include both address`s and phone number`s which allow us to outbound dial and except inbound calls.
What I am looking for is a few realtors in designated target areas to go on the print marketing as the recognized realtor in that area. We could share space on the print marketing and also lead share the buyers prospected through the dialer I already have in place here at my office. I could even let you come in and prospect directly through the dialer for FTHB`s .
Basically Im looking to network with a few good realtors. If anyone is interested feel free to contact me direct.
Thank you.
Ryan Brandenburger
Community Mortgage
954-764-7064 - Tue May 13 2008, 11:41
It is a mortgage brokers responsibility to find the best lenders that will fit your needs. It would take you three weeks to walk into the amount of lenders a mortgage broker could access in one hour. All lenders are pretty much the same exect obviously their rates. Some people like Chase, Suntrust or CW....... I like the one with the best rate at that moment along with the best customer service. Another popular factor in choosing a bank is the ability to walk in and discuss your mortgage with someone in person. Unfortunately most banks are not properly equiped with a full-time mortgage consultant and you often get stuck with someone who knows little about the industry.
I am mortgage profesional. I do not handle checking, savings, money market accounts or CD`s. The ONLY thing I care about is getting you the best rate and lowest closing costs so I can earn your business. I unfortunately dont have the marketing budget that alot of the lenders have, I but I do have the best deal in town :)
Call me so I can help!
Ryan Brandenburger
Community Mortgage
Office- 954-764-7064 ext. 203
Cell- 954-394-9005 - Tue May 13 2008, 09:04
I undestand your frustrations, we all have them in this market, but lets be fair. Just think, if those lenders never lent the money to the people that did not qualify, home prices would have never gone up the way they did. Therefore you would have never gained that appreciation in the first place. Also, FHA was availible 3 years ago and if people used it we would have never had this subprime mess we have today. I bet you wouldnt complain about those lenders today if it qualified your borrower to sell your house for what you want.
Bottom line FHA qualifies people to buy houses based off of their income. If the medium income doesnt support the values in your neighborhood, your home prices are inflated. you cant expect the average home in an area to sell for 250k when the average household rakes in 50k. - Tue May 13 2008, 08:47
Then dont sell Michael. Dont blame the buyer considering he is buying your house for over market value. You should be happy you found some crazy enough to close on a overpriced house. If it wasnt for FHA you wouldnt be selling at all. - Mon May 12 2008, 09:04
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.