Economic Update

What I’ve Learned So Far In 2012

What I’ve Learned So Far In 2012

What I've Learned So Far In 2012 (and it's only January) 1. The new mortgage tax added to today's interest rates, implemented by Congress to help pay for the payroll tax extension, will aid the housing market. If that is what they are telling us it must be true.

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For Sale: The U.S.A.

For Sale: The U.S.A.

Are you a foreign drug dealer, terrorist or one of their extended family members and have pondered for years on how to buy a home in the states AND receive an American visa? No need to plot any further! Sens. Charles Schumer (D., N.Y.) and Mike Lee (R., Utah), proposed an awesome bill

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The 10 Reasons we LOVE VA

The 10 Reasons we LOVE VA

Ten Reasons We LOVE VA Loans (yes, we said VA). There are unfounded rumors swirling around the real estate community regarding VA loans: they are difficult to underwrite, appraisals come in undervalue and the turn times are unreasonable. That is so 2007.

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What Happens In Europe

What Happens In Europe

Across the Atlantic, several European Union countries joined together by the same currency, the Euro, are scrambling to prevent a financial meltdown. Wine, cheese or buffed-out gladiators may not be able to ward off a credit and banking crisis

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Can Builders Lend After A Short Sale?

Can Builders Lend After A Short Sale?

Question: My clients visited a national builder who insisted that their lender can immediately approve mortgages to previous homeowners after a short sale with lates. Can they really lend on a home after a short sale?

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Economy vs Standard & Poor’s

Economy vs Standard & Poor’s

The summer blockbuster isn’t Planet of the Apes but the U. S. Economy vs. Standard and Poor’s. It has everything you would want in a thriller: stupid rich bankers, European bad guys, trillions of dollars changing hands, and the girl crying lots of tears. (That would be me)

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