Under Promise And Over Deliver
By C. J. Coury
I am sure that you have all heard the phrase “Under Promise and Over Deliver” and that you do your best to live by it. However, some times we don’t recognize the opportunity to follow this sage advice when it presents itself. The current market is presenting us [...]
Why Are We Still Considered A “Declining Market”?
By C. J. Coury
Many of my Mortgage Loan Officers and REALTOR® acquaintances have asked me this question lately. The primary reason for their inquiry seems to be the fact that Fannie Mae and Freddie Mac eliminated this damaging and self-fulfilling moniker months ago. While that is true, the [...]
We are all aware that the underwriting guidelines for purchase-money financing have become very restrictive due to the economic downturn and the subprime lending debacle. As difficult as it is to obtain financing in the current economic environment, purchase-money financing for condominiums has become particularly troublesome. This article will address some of the issues facing buyers of condominium units needing purchase-money financing.
I have been asked by many real estate professionals to clarify some of the key points of the new refinance mortgage loan available under the provisions of the Homeowner Affordability and Stability Plan (HASP). As all of you have customers who could benefit from this program it is important that you completely understand a few of the factors that determine eligibility.
The proliferation of short sales and foreclosures have placed the servicing bank or lender in the position of seller. This dynamic has made setting a realistic closing date extremely difficult at the time of presenting an offer.
Bank of America
http://mortgage.bankofamerica.com/sarasotaoffice
941-952-2888
Penny Hill - Wells Fargo Home Mortgage
www.pennyhillgroup.com
941-363-5000
After a highly successful 10-year run with Chase, which saw Penny Hill reach status as the company’s leading loan officer in the nation five out of the last ten years, she made the decision to move to a company that would enable her business -and her clientele- to continue to thrive; Wells Fargo Home Mortgage.
The stimulus plan that President Obama signed on February 17th contains a provision for first time home buyers that will make a HUGE impact on their purchase decision.
Penny Hill Moves To Wells Fargo.
Wells Fargo Home Mortgage named Penny Hill and her team as private mortgage bankers in the Sarasota market. The Penny Hill Group includes Hill, Scott Kolbe and Dawna Palmer.
Saturday, August 1, 2009
0 Comments