Posts Tagged ‘#investor’
Soaring Home Prices Are Roiling Appraisals and Upending Sales
This is a reprint of an article from the Wall Street Journal. We have a solution to the Appraisal Problem. Click the link at the bottom of the article. By Nicole Friedman Oct 11, 2021 Jason and Talitha Brooks listed their house in Orange Park, Fla., in June at $320,000. After receiving multiple bids, the couple…
Read MoreBiden’s Proposed Tax Changes: What Investors Should Know
Biden’s Proposed Tax Changes: What Investors Should Know This is a repeat of an article from Amanda Han – A CPA specializing in Tax Strategies Many of you have been anxiously awaiting this information for several months, and it is finally here. We now have more insight into what the proposed tax policies and…
Read MoreBiggest Mistakes People Make When Getting Ready to Close
From our friends at National Credit Care Underwriting. Now that’s a word that makes any mortgage professional get the chills. Let’s say it again…underwriting…brrrr…those blasted pencil pushers just making all our lives more miserable. Over 90% of our clients are seeking a loan approval for a home. This has naturally turned our business model…
Read MoreCommercial Bridge Money Has Never Been So Readily Available!
From our Friend Karen Schimpf at Commercial Capital Ltd Commercial Bridge Money Has Never Been So Readily Available. We have expanded the coverage of what our private money can do, growing our platform above $2 Million up to $20 Million! This is a direct lender platform, we can close off our balance sheet (quickly) with an…
Read MoreBlack Knight Says 1.45 Million Mortgages Remain Seriously Past Due
The national delinquency rate saw a 5% reduction in July and at 4.14% is now down by nearly half since May of last year Delinquencies have now improved in 12 of the last 14 months, with the two monthly increases being calendar-related as opposed to being indicative of worsening performance While overall delinquency volumes continue…
Read MoreShould You Diversify Your Portfolio With Housing Stocks?
This is a reprint of a Bigger Pocket Post from Matt Mayre Finding a good deal in the current real estate market can be pretty difficult. Prices are maxed out in most markets and sellers are getting bombarded by offers, many of which are above asking. The science of investing tells us that buying near…
Read MoreHome Sales Increased—But Will We Ever Meet Demand?
This is a reprint of a Bigger Pockets Article written by Matt Mayre The housing market has been tight on inventory since well before the pandemic. We’re nowhere near the end of the problem, unfortunately—but the effects of the pandemic finally appear to be tapering off. Home sales increased in July New data released by the…
Read MoreImpact of your FICO on $250K Loan
We just received this from our referral partner at National Credit Care Rates fluctuate. Below you will find example rates pulled off the MYFICO website. Regardless of what rates are, these general rules typically apply. For the most part, when you’re in the low 600 credit score range, you lower your interest rate by a…
Read MorePandemic Did Not Facilitate Cross-Country Moves, According to Knock Survey
Homebuyers opted for smaller cities within their current state, a trend that is likely to continue in the short-term NEW YORK (June 3, 2021) — The desire for more space and flexibility to work remotely prompted Americans to rethink what they want in a home over the past year. While for some it meant relocating to…
Read MoreWhat Does the Supreme Court’s Eviction Moratorium Ruling Mean?
The U.S. Supreme Court recently denied a request to block the CDC from imposing their eviction moratorium—giving the federal moratorium another month of life. The ruling came from a court split 5-4, with Justice Kavanaugh and Chief Justice John Roberts joining Justices Sotomayor, Kagan, and Breyer to block the request made by real estate trade…
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