tempe

#Newsletters

Why Can’t I use my VA Eligibility?

June 23, 2011March 6, 2019 By Diane Gerdes

Question: My client currently rents an apartment in California. He is also employed in California.
He has never owned a home and wants to buy a house in Arizona. Can he use his VA eligibility?
Answer:

#Newsletters

Pulling A New Credit Report at Funding

June 22, 2011March 6, 2019 By Diane Gerdes

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

#Newsletters

HUD REO Financing

June 21, 2011March 6, 2019 By Eric McAllister

What do you know about
HUD REO FINANCING?
Come to a lunch and learn more

#Newsletters

Gnomes, Dog Food and Ceilings

June 17, 2011March 6, 2019 By Diane Gerdes

The looming deficit crisis and the fear of a government shutdown, forced our family to implement our own austerity program: We parked the SUV with the gnomes (that did not make the small creatures happy, they had to raise their height limit in our garden); my beloved Chihuahua, Diego…

#Newsletters

Volunteering

June 16, 2011March 6, 2019 By Diane Gerdes

Good morning, I am April Gerdes with The Mortgage Advantage, and I would like to talk about volunteering this morning. With our economy in the position it is – how could you not be a little frustrated? Sad? Or maybe even a little depressed. Whether you are a real estate agent, and you have had more deals fall apart than

#Newsletters

After A Short Sale Can I Buy A Home ?

June 15, 2011March 6, 2019 By Diane Gerdes

Question: My Client sold his home with a short sale and now wants to purchase another home. What are the options?

#Newsletters

Does HUD Allow Holdbacks?

June 3, 2011March 6, 2019 By Diane Gerdes

Question: Are Escrow Holdbacks Allowed on HUD Homes?

Answer: Yes, but with restrictions.

#Economic Update

Are we there yet???-Home loans in Arizona

May 25, 2011March 6, 2019 By Diane Gerdes

President Obama and Secretary of Treasury Timothy Geithner are navigating us through the freeway of the deepest recession since the 1930’s. Along for the ride are their BFF’s: Paul Krugman, winner of the Nobel Memorial Prize for Economic Sciences in 2008; Larry Summers, resident bank lover and expelled President of Harvard University, and Paul Volker, the 82 year old former

#Newsletters

Wash that oil right out of your life?

May 6, 2011March 6, 2019 By Diane Gerdes

Did you go buy a new electric car or a Hybrid to overt the oil crisis? Me neither. But with rising gasoline prices my contribution to save the environment and my pocketbook, is parking my gas swilling SUV parked in the garden with the gnomes.

#Mortgage Answers

Appraisals Coming in Low

April 8, 2011March 6, 2019 By Diane Gerdes

Appraisals coming in low are part of the market that we are in. Nonetheless, it is still thoroughly frustrating for all parties involved each and every time an appraisal comes in low. Unless of course you are the buyer and the seller happens to be a bank or short sale lender. Then you may be jumping for joy because you

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