Today Fannie Mae released Automated Underwriting (DU) Version 8.0 and these changes are bound to have a big impact especially on multi-family houses. Some of the changes included in this release are as follows: Minimum FICO score 620 (was 580) 2 Unit Owner Occupied Property - maximum LTV 80% f
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12/13/2009
"You're About To Learn Quickly And Easily If You Qualify For A Real Estate Short Sale" Complete this simple Short Sale Quick Qualifier, designed by an expert, and I can tell you in less than a minute if you qualify for a short sale on your home. The 7 Question Quick Qualifier For A Real Estate Sh
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12/13/2009
"You're About To Learn Quickly And Easily If You Qualify For A Real Estate Short Sale" Complete this simple Short Sale Quick Qualifier, designed by an expert, and you'll discover in less than a minute if you qualify for a short sale on your home. The 7 Question Quick Qualifier For A Real Estate
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12/13/2009
Fannie Mae's attempt at curbing "Buy and Bailers" When someone buys a home before selling their current home, they may have a problem: if they have a mortgage on the old home, that debt is included in their debt-to-income ratio. In the old days (pre-2008), home buyers who did not sell their home
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12/12/2009
Have you read this article yet? It was featured in Business Week. My first thought, wow! what a blunt and harsh statement! But the writer, Mark Roth, uses this headturning title to get your attention to make excellent points for those who are on the fence. Namely that interest rates are at an a
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12/11/2009
Ladies and Gents, here is an interesting article that has an opposing point of view on the importance of “social media” marketing. I personally am a firm believer in activerain, as I have 3 listings that have come from my activerain blog in the last 3 months! I am personally new at attempting to
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12/08/2009
