From the category archives:

Mortgage

Biggest Problem with New GFE and How to Avoid It

February 8, 2010

Lender Not Required to Provide GFE until Borrower Under Contract The new regulations do not require the lender to generate a GFE or hold the lender to their fees until the borrower is under contract with a property.  This means that you can’t realistically shop between lenders until you are under the time constraints of [...]

Share and Enjoy:
  • email
  • Print
  • Facebook
  • LinkedIn
  • del.icio.us
  • Google Bookmarks
  • Reddit
  • Digg
  • StumbleUpon
  • Technorati
  • Twitter
  • RSS
Read the full article →

New Good Faith Estimate Misses the Mark

February 3, 2010

At the beginning of 2010 new lending guidelines went into effect regarding how loan originators handle the loan process and how closing costs must be disclosed to the buyer.  One of the new rules included a nationwide standard Good Faith Estimate (GFE).  The purpose of the new Good Faith Estimate is to hold lenders to [...]

Share and Enjoy:
  • email
  • Print
  • Facebook
  • LinkedIn
  • del.icio.us
  • Google Bookmarks
  • Reddit
  • Digg
  • StumbleUpon
  • Technorati
  • Twitter
  • RSS
Read the full article →

How to Claim the Home Buyer Tax Credit

February 1, 2010

Now that you’ve received all of your W-2s and 1099′s, home buyers who purchased a San Mateo home in 2009 are starting to think about their taxes so they can (hopefully) get some money back from the IRS with the home buyer tax credit. Several clients have asked how to claim the home buyer tax [...]

Share and Enjoy:
  • email
  • Print
  • Facebook
  • LinkedIn
  • del.icio.us
  • Google Bookmarks
  • Reddit
  • Digg
  • StumbleUpon
  • Technorati
  • Twitter
  • RSS
Read the full article →

First Time Home Buyer Class – How to Buy Foreclosures

February 1, 2010

Date/Time: Tues Feb 16, 2010 at 7pm San Mateo First Time Home Buyer Class Lately there has been a lot of buzz surrounding pre-foreclosures and foreclosures in San Mateo. Can a San Mateo home buyer really get a good deal on a distressed property or is all the hype just for headlines? What Will You [...]

Share and Enjoy:
  • email
  • Print
  • Facebook
  • LinkedIn
  • del.icio.us
  • Google Bookmarks
  • Reddit
  • Digg
  • StumbleUpon
  • Technorati
  • Twitter
  • RSS
Read the full article →

100% Financing Still Available

January 29, 2010

100% Financing Still Available in San Mateo County That’s right, 100% financing is still available for San Mateo County home buyers. We’ve talked about FHA financing, which requires 3.5% down payment. But, with the tightening of the guidelines and with FHA’s monthly and upfront mortgage insurance, which can add a significant amount to your monthly [...]

Share and Enjoy:
  • email
  • Print
  • Facebook
  • LinkedIn
  • del.icio.us
  • Google Bookmarks
  • Reddit
  • Digg
  • StumbleUpon
  • Technorati
  • Twitter
  • RSS
Read the full article →

← Previous Entries

Next Entries →