by Phyllis Rockower | Aug 1, 2014 | Uncategorized
Bad news for buyers who’ve had a short sale within the last 4 years (and who now have a 20% down payment); they now will be forced to fund their loan with an FHA loan! Today Fannie Mae has announced that on August 16, 2014, they will be changing the waiting period...
by Phyllis Rockower | Jul 30, 2014 | Uncategorized
Buying on a lease option is a good alternative when the seller has good credit and is not behind. Some sellers value their credit and there is no way they will let you take over the property subject to. Still, they are upside down and can’t sell. I know first...
by Phyllis Rockower | Jul 29, 2014 | Uncategorized
Is the real estate market improving or standing still or going down? I just read something that said,” Bridgeport, Houston, and Denver were the metro areas with the strongest showing, each with 1.6 percent monthly increases. Grand Rapids was up 1.5 percent...
by Phyllis Rockower | Jul 25, 2014 | Uncategorized
It’s about time these crooks were caught. Ca. law makes it illegal to take money upfront to do a loan modification but these attorneys get around it by calling it a retainer. The poor homeowners think its a fee. They don’t understand that a retainer...
by Phyllis Rockower | Jul 22, 2014 | Uncategorized
Two top analysts from Bank of America and Merrill Lynch forecast that home price increases will continue to moderate from the highs of the last 2 years and will peak in mid-2016. This view is also held by the most recent home price model from Case Shriller. They...
