A client who is in escrow on a property called me late yesterday. They were pre-approved by another lender. They are two weeks into escrow, and the listing agent is asking for the removal of all contingencies. The buyers were denied an FHA loan, and their agent sent them to me! I looked over their paperwork, and […]

I like to keep you informed of what is working and what is not working from my perspective, and today will be no different. But first, business has picked up nicely over the past two-plus weeks, and we are starting to see more buyers in the market. That’s the good news! The bad news is there is still limited inventory, […]

Today is another session of “Should I Buy Now or Should I Wait?” April Edition! Interest rates have increased again, but the market is still hot! Inventory is rising a little, but properties are still selling quickly, and it’s a brutal market for buyers. There is nothing out there that would make me think that […]

Yesterday was an exciting and quite busy day for me. At the end of every day, I send a link to my website to the clients I speak with with a detailed explanation of their options that we discussed earlier. The options include a payment breakdown, and we discuss tax savings, principal payoff, etc. Yesterday, […]

If you have a non-warrantable condo listed and it is not selling, there is a reason! The price is too high!!! Let’s get this straight so we can all understand what a non-warrantable condo is and what loan products you can use.   Non-warrantability does not mean that you can take out a non-QM loan. Some non-QM […]