Sam Giannakakis's (giannakakis) Blog

Common Misconceptions: Short Sales, Foreclosures, and Bankruptcy Here is a list of common  misconceptions regarding short sales, foreclosures, and bankruptcy.

Today we have started to receive more information regarding the new mortgage/refinance program that Obama’s administration has come up with.  This is a quick easy guide in understanding the changes that are being made.   This is just a snapshot of the information I have received today. More infor...

Here is a helpful chart that provides information regarding how long of a waiting period a person has to wait after a foreclosure, short sale, or bankruptcy. ~~All information is subject to change. Contacting a professional is always encouraged!~~

FHA Mortgage Insurance… Why Do I Need That?  When it comes to first time home buyers something I hear a lot is….. What is Mortgage Insurance and why do I need it. The answer is very simple. It is there to protect lenders against losses that could occur if you were to default. This is not homeowne...

Could Operation Twist be the answer? Operation Twist is the buying of long-term Treasury securities and selling shorter term government securities in an effort to keep the longer end of interest rates at historic lows.