Joanne Basecki
Fed's freeze - is a pre-approval for mortgage still possible / probable?
A paragraph taken from BP blog, 8/10/11 article written by K. Kaczmarek:
"Yesterday when the Fed decided to freeze rates until 2013 that was a signal to the market and the general public that there is a lack of confi...
Samuel Ksiazkieicz
Mortgage Association's own explanation of costs of foreclosure, i.e. bargaining chips
Hey, I found this while searching online, it is the Mortgage Bankers Association very own paper on the costs of foreclosure. Check it out, and use all of these points as bargaining chips for lower offers on short sal...
Matt Whiteside
Wife not on mortgage does she have to sign purchase agreement?
I have a couple looking to short sale their home. The mortgage is in husbands name only as well as the second. Wife waived her right's to the house. Now she is on the Lis Pendens. Do I have to have her fill out her in...
Tamarra Banks
What's the advantage of having a mortgage broker on your team?
I've seen several people mention that its good to have a relationship with a mortgage broker. I have a very good friend who is a mortgage broker. What are the advantages of having a mortgage broker?
Keith A.
Mortgage note in deceased parents name and taking ownership through probate
I have a property (father's) that I can take ownership of through probate. The value of the property is a little higher than the mortgage balance but not much. If I rent it we will make about $200 per month. It was...
Jason Rego
mortgage when you already have few rental but no personal income
I am in Southern Ontario, have few rental properties already and want to buy few more; my mortgage advisor said they are not able to finance any more; because my income does not support buying rental properties. No lo...
Account Closed
How Are Subject-To Sellers Able to Qualify for New Mortgages?
Hey BP, I am almost ready to present a Subject-To offer to a prospective seller and this question popped up in my mind: If the seller agrees to the deal and a couple years from now is able to buy a new property, how w...
John Oladayo
Please refer me to a Good Mortgage Broker in Indianapolis, IN
Hey! Can anyone refer me to a good Mortgage Broker in Indy that has worked with creative investors before and can screen my Tenant Buyers and hopefully they know a good credit repair company to put them in that will h...
Joyce Orange
What is best mortgage rate for home refinancing in Seattle area?
Hi there. I am living in Seattle now. I am not happy about the mortgage rate my current properties have and consider to get a better one if possible. Thank you very much !
Saajan Murali
How does one keep getting mortgages? Isn’t it capped on income ?
I see these podcasts where many talk about owning 50 , 100 or even 400 properties. I understand the total mortgage payment should be at 30% of salary and wonder how someone can get so many mortgages? Can anyone help m...