Anthony Mosley's (antmosley) Blog

Very Important Update for FHA lenders and loan applicants on "upfront mortgage insurance premiums": "Lenders are reminded that effective for FHA loans for which the case number is assigned on or after April 5, 2010, FHA will collect an upfront mortgage insurance premium of 2.25 percent, rather t...

Sell Now! Buy later? Via Thomas Carpenter (VanDyk Mortgage Corp): Baby Boomers have shaped the real estate market for the past two decades.  Boomers created the need for three car garages, jacuzzi bathrooms, movie HD music rooms, outdoor kitchens and the list goes on. 20 years ago a cultural sup...

It is a great time to buy a house. Via Thomas Carpenter (VanDyk Mortgage Corp): State and local housing authorities often have programs to help homebuyers research and purchase a home. Programs can include counseling, down payment assistance, lower rates, and lower income. See www.mshda.gov in Mi...

On a FHA Purchase with a 3.5% down paymet, a 30 yr mortgage would have a monthly principle and interest payment of $2017, and with a 15 year option a monthly payment of $1875... "These payments are based off a loan amount of $381,175, with a 4.875% on a 30 year fix rate and 4.25% apr on a 15 yea...

Homeowner of 22 years needs to sell asap! Home needs TLC & won't qualify for FHA or VA financing - ideal home for FHA 203K rehab loan program. Lots of potential. Exceptional location. Beautiful, unobstructed view of the mountains from the living room & front porch. 4 bedrooms, 3 bathrooms, appro...

In this ever changing, highly volatile market, the ability to obtain a mortgage can be extremely frustrating. Often the time it takes to complete a mortgage kills the opportunity for a consumer to close on a home. Short sales are prevalent in today's market and most time "and correct me if I am w...

Layton is a great area. Great home prices and schools and to its attractiveness. I spent my high school years in Layton, as my father was stationed at Hill AFB. I plan to eventually relocate back to the area.Although the market conditions in Layton are not what they were a few of years ago, we ar...

50 Inexpensive Tips to Dramatically Increase the Value of Your Properties  By Tai A. DeSa, Significa Corporation Professional landlords and investors involved in property flipping should constantly seek to improve their property value while keeping costs low.  Below is a list of 50 tips that we ...

Unfortunate topic, great information.MORE AND MORE SHORT SALE LISTINGS in your market???  SAME HERE.  GET USED TO IT!  It's going to get worse before it gets better. LIVE AUDIO CONFERENCE - NEW GOV'T SHORT SALE PROGRAM Yesterday, I attended an interesting conference on Short Sales.  1.5 hours of ...

Not all short sales are bank fraud. According to this story, there is a vast majority of Agents out there doing the same thing. http://ow.ly/16EvWb I have scratched my head when I have been presented this business strategy. Is there any body out there who can clarify the profit agents are making ...