Daniel Eckenrode's (freestatemtg) Blog

Minimizing the risks related to the Internet security is of primary concern for any online business site. Internet security is very important and must be guarded severely at all costs. Minimizing the risks related to online security will ensure that you will be able to attract many customers to y...

   Your house is a big investment - probably one of the biggest you're every likely to make. It is also the place that you and your loved ones call home; a shelter and haven from the outside world. That's why it is so important to ensure that your home and family are protected in the event of you...

 Do You Know Your Mortgage Fraud Red Flags?With a substantial increase in more full documentation loan applications, it is important to closely review the provided income documentation for inconsistencies. The following represent some common mortgage fraud red flags on the IRS Form W-2 or 1099: E...

    Turn NOTHING into SOMETHING (BIG) with a 1031 Tax Deferred ExchangeCommercial real estate can be a lucrative and feasible investment strategy. For those wishing to take advantage of the current market, a device exists that can grow existing investments into lasting financial security: Section...

  Many of you have been asking, why are fixed rates still remain high when the Federal Reserve has been lowering them?   The moral:  Your money is worth less to banks (interest paid to you by banks) but to borrow this money, comes at a higher rate.The answer is that the mortgage market is short o...

  If you have ever taken out a mortgage, you probably already know of the tax advantage provided by deducting your mortgage interest payments.But many homeowners overlook another the tax break available for points paid to get a home loan. In some cases, points also could shave tax bills for homeo...

  The real estate contract is the most often used, yet little understood tool in the real estate business. Whether you are a rank beginner or seasoned expert, there is no excuse for not knowing and understanding the real estate contract. Real estate contracts are based on common law contract prin...

I've had a few questions in regard to the risk based pricing and what it means to your clients.  These adjustments are not targeted on the 100% purchase programs, but this may vary from lender to lender.  In a nut shell, your clients will qualify for less because the rates will go up for the lowe...

  Lease/Options can be fun and profitable, but there are certain pitfalls. The following are some practical, legal and tax tips I have learned from doing many lease/options deals over the years.Protecting Your OptionLease/options are great, except when the seller decides not to live up to his end...

 Some GOOD News for a Change Mortgage Insurance (PMI) continues to be tax-deductible through the year 2010.  Since 80/20 loans are now just about obsolete, a ONE loan with PMI is a excellent way for borrowers to purchase a home with essentially NO MONEY DOWN. Households whose adjusted gross incom...