On January 15, 2010, HUD announced a temporary waiver of the prohibition of property flipping if the seller owned the home less than 90 days with strict conditions to ensure against predatory practices. Effective immediately, my company, W.J. Bradley will be unable to entertain banked transaction
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04/30/2010
On January 15, 2010, HUD announced a temporary waiver of the prohibition of property flipping if the seller owned the home less than 90 days with strict conditions to ensure against predatory practices. Effective immediately, my company, W.J. Bradley will be unable to entertain banked transaction
...
04/30/2010
As of April 5, 2010, FHA loans changed their upfront mortgage insurance premium from 1.75% to 2.25% of the loan amount. This was a rude surprise for escrows that did not close on time and completed beyond the cut-off. Additionally, an annual MIP of 0.55% of the loan is charged on a monthly basi
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04/26/2010
With an annual population growth of 1% and a wave of foreclosures turning borrowers into renters, why hasn't there been a substantial increase in demand with accompanying rental appreciation? In fact, why have real estate investors struggled more than ever to find and keep good tenants? It turns
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04/13/2010
Did you snicker when you read, "We're from the government... and we're here to help"? Believe it or not, the government is actually helping millions? And if you had a hard time with that, you'll have an even tougher time when I tell you that it's the IRS. I'm not pulling your chain here either...
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04/09/2010
This afternoon, the San Diego area was hit with a 6.9 earthquake (about 140 mi away). As my house started to shake, rattle, and roll, I thought to myself, it's about time we had a tumbler. I put my hands over my monitors to make sure they wouldn't fall off my desk if the shaking got any worse.
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04/04/2010
