Ryan Davison's (ryandavison) Blog

I don't usually copy blog posts from other sites but I felt this one from www.keepingcurrentmatters.com was worth posting on here. Enjoy.  The financial turmoil we have experienced over the last five years has definitely taken it’s toll. It has especially been a difficult time for real estate. N...

The Piggyback Loan is another loan that offers a low down payment as well as a way to avoid PMI (private mortgage insurance). It can be used to finance 80% of the home's purchase price. For instance, if a homebuyer only has enough cash for a 5% down payment it would look like this. 80/15/5. The "...

In today's economy many people are losing their  job or are afraid of losing their job. As a result many home upgrades and repairs are being neglected, or a homeowner is forced out of their home through short sale or foreclosure. Disgruntled homeowners have a tenancy to trash the home and take v...

The cash for keys program has been around for many years but kept quiet by the banks until the sub-prime mortgage meltdown in 2007 forced many banks to initiate the cash for keys policy as standard procedure. Two big problems banks face when taking a home in a foreclosure or short sale are, the ...