Category Archives: Financing

Whats ahead for Banks and Wall Street

Posted on January 31, 2011 by GlennARoberts

I ran across this video footage this morning and thought I might share it with you. It’s an outing of flaws discovered with the investigation of MERS – Mortgage Electronic Registration Systems. Who really owns the property and so on … Continue reading →

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New Costs For Borrowers

Posted on January 18, 2011 by GlennARoberts

This has been brought up by Frank and Brian of Think Big Work Small a couple of times recently. You may have read that Bank of America agreed to pay Fannie Mae and Freddie Mac back $3.3 billion for selling … Continue reading →

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The Seattle Buyer Mentality/Ability

Posted on January 14, 2011 by GlennARoberts

I’ve been thinking about the mentality of the current Seattle buyer and the buyer from 2007. I tend to agree with everyone when it is said that a buyer wants a good deal. Of course they do, but then I … Continue reading →

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Buyer’s Closing Cost Skyrocket

Posted on September 22, 2010 by GlennARoberts

According to an article on Yahoo.com, the costs to close a real estate transaction are going up, up up, and New York is leading the way. For a $200,000 loan, the average cost in New York is now $5,600. Texas … Continue reading →

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Bad News? What of it?

Posted on August 25, 2010 by GlennARoberts

I read in the newspaper everyday about bad news in the housing industry.  The numbers from last year (a bad year, by the way) were better than this year. And last month was better than this month. Well throw another … Continue reading →

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What’s Your FICO Score?

Posted on August 22, 2010 by GlennARoberts

The Fair Isaac Corporation (FICO) score is a credit rating device that most lenders use to determine the credit worthiness of buyers for homes, cars and even for obtaining a credit card. More or less, the industry standard. In July … Continue reading →

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New Rules of FHA Loans Start Sept 7, 2010

Posted on August 20, 2010 by GlennARoberts

The cost of these things is going up, no doubt about it. I’ve read several opinions about it from lenders around the country. Here is one from Chris Thomas of Denver Colorado. He thinks it will be no big deal. … Continue reading →

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Know Your Options

Posted on August 5, 2010 by GlennARoberts

Fannie Mae has a new site designed to help homeowners. It’s called Know Your Options and here’s what Fannie Mae has to say about it: If you are struggling with your mortgage payments or facing foreclosure, you may feel overwhelmed … Continue reading →

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