Lenders & Loan info
Do You Qualify for a Loan Modification?
I’m astounded at how many Orange County homeowners qualify for a loan modification. And I’m even more astounded that they never seize the opportunity, generally because there’s so much misinformation floating around. As a result, hundreds of distressed homeowners never get the help they need. Mike Hatcher, seasoned modification advisor with the Ascent Network, is [...]
Read Full Post | Make a Comment ( None so far )Why Loan Modifications Are Great For Investors
You all know that Orange County homeowners can reap substantial rewards from loan modifications. But were you aware that loan mods are a great avenue for investors as well? Believe it or not, most investors can qualify for this excellent financial option. Here’s a quick overview by Mike Hatcher, seasoned modification advisor with the Ascent [...]
Read Full Post | Make a Comment ( None so far )Orange County CA Economic Update – Gary Watts says…..
Hi everyone, Just got back from OCAR’s annual meeting held at the beautiful Aliso Viejo golf course. I thought I would record a video update for you I know you have comments, let ‘em fly!!
Read Full Post | Make a Comment ( None so far )Understanding B of A’s Short Sale Process
B of A Short Sales – What every party needs to know! Today I’m taking a few hours out of the busy day to listen to Allen Seelenbinder, a VP with Bank of America, tell Realtors how to work better with B of A to get our short sales closed quicker. Definitely good use of [...]
Read Full Post | Make a Comment ( None so far )Tips for Realtors to use Bank of America’s Equator
I went to a seminar today on using Equator, here are some tips for all! Equator has 5 stages: 1. Initiation – seller calls & signs up to initiate 2. Document collection – seller uploads hardship docs & Realtors upload offers 3. Valuations – BPO & appraisal is done 4. Negotiations – counter offers & [...]
Read Full Post | Make a Comment ( 1 so far )Foreclosures vs. Short Sales
What’s the Difference Between a Short Sale and a Foreclosure? Plenty. For those who’ve been involved in either, it’s a good idea to know what those differences are and how either one will impact your future. Here’s how it breaks down. If you’ve been foreclosed upon, you need to disclose this fact on mortgage applications [...]
Read Full Post | Make a Comment ( None so far )What Lenders and Banks Look for in Home Loan Applications
Hey wanna be buyers…got this great information from one of our fave Lenders, Derek Beisner. Wanted to share! Thinking of submitting a Home Loan Application now that the First Time Buyer credit was extended? Once your loan application is filled out and sent to the lender for review, the first thing they will look for [...]
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