Tag Archives: foreclosures

What Not To Do During Your Loan Processing

Posted on January 23, 2012 by Matt Steinmetz

To some it’s obvious and to others it’s not, but the following items are critical during the loan process. Continue reading →

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FHA Home Flipping Policy

Posted on December 22, 2011 by Matt Steinmetz

In February, FHA extended the FHA property flipping waiver until December 31, 2011. As of now, this waiver has not been extended again and will expire on 12/31/11. Continue reading →

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CCAR’s Big Event 2011

Posted on November 13, 2011 by Matt Steinmetz

This is my 2nd Big Event and I find them informational. It is also a good chance to say hello and rub some elbows. This event was held at the Lesher Center for the Arts. Here’s what was said this year. Continue reading →

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HARP Updates- This May be Huge!

Posted on October 24, 2011 by Matt Steinmetz

The refinance program for underwater borrowers has helped some but has also taken a lot of flack because of it’s limits. Well that may be no more!!!
Fannie Mae and Freddie Mac will be rolling out updated guidelines to allow borrowers to refinance regardless of how much they owe, their appraised value. Continue reading →

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Buying Again After Short Sale, Foreclosure and Bankruptcies

Posted on April 28, 2011 by Matt Steinmetz

This is about 5 minutes and goes through the waiting periods, before you can buy a house again, after you or your client has a derogatory item on their credit report. Continue reading →

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Real estate: Its time to buy again – Fortune Finance

Posted on April 10, 2011 by Matt Steinmetz

Real estate: Its time to buy again – Fortune Finance.  Whether you are a first time buyer, a seasoned or a want to be investor, or considering a 2nd home, it’s time to buy again!  New construction has slowed to … Continue reading →

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Escrow Holdbacks

Posted on April 3, 2011 by Matt Steinmetz

Using an escrow hold back we can get your deal closed on time and have the repairs completed after close.

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Short Sale and Foreclosure Time Frames

Posted on March 28, 2011 by Matt Steinmetz

You may be able to buy again 1 day after a short sale, 2 years after short sale and 3 years after foreclosure Continue reading →

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FHA REO inventory up 47% from a year ago

Posted on February 23, 2011 by Matt Steinmetz

FHA REO inventory up 47% from one year ago « HousingWire. Reselling these properties is key to driving the housing market into recovery. Estimates are wide-ranging on the size of this shadow inventory of foreclosed homes and delinquent loans still … Continue reading →

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What will 2011 Bring?

Posted on January 6, 2011 by Matt Steinmetz

I was recently attending an economic seminar and I wanted to share some of what I heard.

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