8 Nov 2023 11/8/2023 – Condo Stuff Many of the issues we are having regarding financing are on condo and Townhouse projects. I have been posting which projects are having issues in my updates, and I may start harassing you when you get a listing so we can see where we are on the insurance. Now, I need to go a little […] Share on Facebook Share on Twitter
2 Nov 2023 Mike’s Morning Mortgage Update – Rate... 8% interest rates have slowed the market a bit. Analysts say that rates below 6% will improve affordability and send us on another bull run. I know many of you need help with your sellers and buyers. Your sellers don’t want to drop the price, pay concessions, or do what you feel is necessary to […] Share on Facebook Share on Twitter
31 Oct 2023 10/31/23 – Mini Bridge Loans and California ... We have an update on the California Dream for all, and the next round of funding will come in the spring of 2024. This should help the affordability for some, so talk with your buyers who are on the fence and let them know this is coming! We just closed a loan for a […] Share on Facebook Share on Twitter
26 Oct 2023 10/26/2023 – What can you improve at? We find ourselves almost a month into the year’s final quarter, and there’s an abundance of gloomy market talk circulating. I get it; I’m in the same boat. But remember, the seeds we plant today will blossom when the real estate market blooms in just a few months. Yes, it may sound like I’ve been […] Share on Facebook Share on Twitter
24 Oct 2023 10/24/23 – Profit and Loss Statement Loan I am sharing a program we have been doing some Business on recently. With the higher interest rates, we see people needing help qualifying based on their taxes or business bank statements so that we can use a Profit and Loss Statement Loan instead. This loan does not require W-2s, Tax Returns, or Paystubs, and here are […] Share on Facebook Share on Twitter