Many real estate professionals, lenders, and tax payers fear that the proposed income tax plans could drastically affect the housing market in a negative way. These fears include more Americans choosing to rent instead of own, interest rates going up, and owners ... Read More
TRID changes mortgage disclosures along with the process of disclosing, documenting, and closing a mortgage loan and everyone needs to know the new rules. If you are a Real Estate Professional, hopefully by now you are very familiar with the new regulation rules c... Read More
What Realtors, attorneys, buyers, & sellers need to know about how TRID will change a purchase closing For most real estate professionals, TRID is the least understood big regulation in history probably and it starts October 3, 2015! Can a lender, settlement a... Read More
What Realtors, attorneys, buyers, & sellers need to know about how TRID will change a purchase closing TRID: Get familiar with the new forms taking the place of current ones (No more HUD, GFE, TIL, & others) and the totally new process. Make sure that you... Read More
What Realtors, attorneys, buyers, & sellers need to know about how TRID will change a purchase closing Whether everyone likes it or not, the TILA RESPA Integrated Disclosure Rule or TRID, is going to happen on October 1, 2015. TRID which is mandated as part of ... Read More
FHA Flipping Rules Explained There are two main categories of real estate investors. The first is a long term hold strategy. Secondly, there is flip which is a short term sell for profit strategy. A property flip is when investors purchase a home, renovate it,... Read More
Abandoned UST Issues Explained UST sounds like a disease, doesn’t it? Although, it can cause major issues on a purchase. Therefore if a buyer uses a VA or USDA loan and the property has an abandoned UST, read closely. Usually, the appraisal or the purcha... Read More
Lenders cannot discriminate based on a borrowers age. A retired even at an advanced age can get a 30 year term We are surprised when we occasionally hear someone say something like “Well I am 65 years old, so I can only get a 10 or 15 year mortgage, right?... Read More
Social Security disability income protects individuals no longer able to work at the same prior level. In the past lenders had difficulty in meeting a mortgage loan approval. This requirement included proof that the income “should” continue for at lea... Read More
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- Zillow Strategy Provides Free Leads to Real Estate AgentsJanuary 30, 2018 - 6:00 am
It is flat out guaranteed that if you Google any property address or real estate topic, Zillow will show near the top of the results. Arguably, Zillow.com has become the biggest name in real estate. Actually, many buyers start their home shopping process here or other sites such as Realtor.com, Trulia, or Homes.com. Over the […]
- Successful Real Estate Investing Tips for Taxes, Cash Flow, & QualifyingJanuary 23, 2018 - 6:20 am
Are you wondering how to start investing in real estate? Maybe you own a rental property already? So many choose residential rental properties for investment income for several reasons. These include potential appreciation in value, income tax write offs, funding retirement, and providing income along the way. In order to achieve real estate investing success there […]
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