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I just came across an article from the Washington Post talking about new "rules" for short sales from the Treasury Department. They sound like they really could be positive or negative for investors and for homeowners...
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There's been talk about this for a while:
https://www.businessinsider.co...
Then this today on twitter:
https://twitter.com/realDonald...
How will this affect investors/neighborhoods etc?
Good neighborhoods get...
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I recently did the application for the refinance with a company, they did the appraisal, only for them to come back and say my debt-to-income ratio is too high because he forgot to ask about my monthly rent.
Does a...
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Hello all, when obtaining pre approval for a conventional mortgage does the lender state a specific time frame or place an expiration date on the approval amount? If so, how long is the approval usually good for?
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Mods, if this is in the wrong area please move or delete.
I pay for a monthly service that gives daily updates to the mortgage market, specifically how MBS are trading and market influences that sway pricing...
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One of my new years resolutions was to be more political, yet here I am at the last minute and I have no idea who I prefer for the NY Gubernatorial Republican Primary.
Anyone have any comments?
Thanks,
Mark
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Lately all the money for me has been in appraising REOs. There is nowhere else to make money. I’m not buying anything, because prices haven’t stabilized yet. I’m not flipping, because the flips I’m seeing are ...
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Watch Fox News tonight and you’ll see news about the upcoming U.S. Election, the U.S. Housing “Recovery,” and of course the Olympic Games. What you won’t see, is any news about the banking crisis in Europe and the re...
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Hey Everyone!My name is Ben Anderson and I live on the south side of Chicago. I just purchased a two flat in Woodlawn where the Obama Library is set to go with an FHA 203k loan where I'm putting 50k in rehab and renti...
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I am starting a school in which I teach owner financing to real estate brokers.
I know that in each state everyone does it a little differently. Here in New Mexico, the most common instrument for a seller financed n...