The 10 Reasons we LOVE VA
What Happens In Europe
Can Builders Lend After A Short Sale?
Economy vs Standard and Poor’s
where have all the jobs gone
HUD REO Financing
What Are Flipped Properties?
Question: We have identified a home we would like to buy but we were told underwriting may require two appraisals. Why?
Answer: The home is probably a “flip” or in layman terms: a property that has changed ownership within 90 days. An investor bought the home at auction or as a short sale, and has placed it back on the market, for a profit.
Why Can’t I use my VA Eligibility?
Pulling A New Credit Report at Funding
Question: Why are some lenders pulling another credit report before funding a loan? Could that prevent a loan from closing?
Answer: Undisclosed Liabilities – Fannie Loan Quality Initiative FAQ (5/28/10 & 6/7/10) the boring title for another exciting change in our industry. (Think positive thoughts)
Before you pound your head on your desk