With real estate market again getting heated, the mortgage marketing campaigns in the financial institutions may also be heating up. Just about the most common in the offers tempting consumers will be the offer to get cashback for your mortgage business. This...
You have a right to know! When you turn over your personal financial information to a loan officer, make sure you know who you are giving your information to. There are new laws regulating Mortgage Loan Brokers. The new law, 12 CFR Part 226 (Reg Z Docket No. R-1366)...
That Short Sale May Not Be A Good Deal Lately – I have had many of my clients interested in short sales. I have tried to explain to them that not to be deceived by the name “short sale” because it’s quite deceiving. Neither word, “short” or “sale” has any truth to it...
Is Buying A Home Still a Good Investment? Lately, many of my colleagues and friends have been asking me whether I think buying real estate is still a good investment. While it may seem like renting a property that is easier to get out of, costs less to maintain and is...
Lately, I have been getting asked many questions about what it takes to buy a home and how to start the process. So, today, I thought I would write on what exactly an “offer” is comprised of. This year, the California Realtor Association has re-vamped...
