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 […]

I get a call at least once weekly from people buying new construction, and they are selling their house now to pay for improvements on new construction. Builders are asking for a large deposit and improvements to be paid long before they close your escrow.   I have clients who are closing in February of […]

Life is hilarious! I got harassed by my good friend Patrick at the gym today because he said I looked fat in my video on Tuesday! I thought about how much sugar I have been eating lately and decided I needed to cut back! My Dad is an engineer and could always lose 10 pounds […]

Every spring, we see the same thing: higher prices and some appraisal issues. We just closed on a buyer who purchased a house listed aggressively at $1.595 million and sold for $1.65 million! There were very few comparable sales that supported the 1.595 price and none that supported the 1.65 mil. The appraisal came in […]

What is a Trust Loan, and why would a buyer want to take one out? Assume you have a client whose parents passed away and left the property to the kids in their Trust. The home is worth $1,000,000.00, and one sibling wants to keep it and live in it, and the others want their […]