Fannie Mae HomePath Mortgage Loans… NO Appraisal, NO MI and NO Condo Certification! Looking for a fix up property… with mortgage financing readily available? You believe you are either a handy person when it comes to home fix up projects or maybe you know someone who is handy. Shopping for foreclosed homes seems like a [...]
Read moreShould I Stay or Should I Go Now?
Should I Stay or Should I Go Now? The million dollar question, should I stay, and continue renting, or should I go, and become a homeowner? Sometimes, I think first time homebuyers are looking at this question as a million dollar question, and really, it is not. Are we at the bottom of the declining [...]
Read moreIf You Are Not Doing a 90 Day Burn Now, When Are You Going to Start?
If you are not doing a 90 day burn now, when are you going to start? Ok, we can all stand around the water cooler and compare our successes and frustrations with our current real estate market, and sometimes that is a great way to get and share ideas. However, if you are finding yourself [...]
Read moreWanna Be a Good Mortgage Applicant? . . Then it’s Time to Get Naked!
Qualifying for a Mortgage, we went from one extreme to the next! 3 years ago, if you had a social security number, stated your income and ordered an appraisal (with practically a stated value), you were good to go. Today, when The Mortgage Lady meets with a potential client, one of the opening statements is [...]
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January 10, 2012




