REO Wholesale Training: The Business of Investing in Discount Mortgage Notes_Version 02

Posted by admin on March 23rd, 2012 and filed under wholesale mortgage | 1 Comment »

Cherif Medawar describes his Wholesale REO Training via the web on March 7, 2012. This is version 2.

Duration : 1:18:35

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

GOP Plot to Destroy Fannie Mae

Posted by admin on February 8th, 2012 and filed under franklin mortgage | 17 Comments »

When Fannie was strong, the housing market was strong. When the housing market was strong, our economy was strong. But certain people were jealous of Fannie’s power. Their desire to destroy Fannie Mae (by privatizing it) is well documented and goes back decades. And keep this in mind: the Bush White House quietly pulled its people out of Fannie Mae’s board room shortly before the investigation into Fannie’s accounting practices began. Coincidence? They seized upon the public’s reaction to the Enron scandal and went after Fannie under the guise of cracking down on “corporate crime” — it was the opportunity they’d been waiting for to hit Fannie hard.

Duration : 0:9:4

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

First Time Home Buying Secrets – Truth About Appreciation

Posted by admin on February 6th, 2012 and filed under first mortgage | 1 Comment »

Kenton Brown discusses the perfect opportunity for first time homebuyers. (this is part b of a two part segment)

Transcript:
Interestingly enough, Kenn and I looked at these stats that I wrote down here, but Gary Keller was at a national conference and he was talking about a 4% appreciation rate in real estate. If you go back to 1950, you can draw a straight line and say if this real estate appreciated at 4% per year, what does it look like in 2009? Well, it was right along that line until about 1999 when it went way above that line. There were people in Florida flipping property, doubling their money over night. Have you heard about this? It was that lets get rich with real estate mentality. So what happened is the marketplace got so out of whack that it had to correct. Those wobbles cant correct themselves. Any investment that you buy thats going to double in one day, do you think that model can sustain itself? No. It cant. Nationally theyre saying that real estate came up so rapidly and that it came down like things do when they go up fast in price and they come down. If you were to draw that 4% line now, the appreciation rate is right on that 4%, which is a historical average of real estate appreciation in this country. So I started looking at a $150,000 house in a 5 year period with an appreciation rate of 4.44%, which was 2007. Now, if you round this back 25 years through the Texas A&M real estate research, its about 5.9% or right at 6%. A $150,000 house is worth $198,840 over a 5 year period, which is a pretty good return if you look at your 401Ks and other things that youre investing in. So this website is really helpful too, its OFHEO.gov. Theyll tell you a lot of cool stuff in there. But really, what that means is about a 35% increase over that timeline. Now, I was asking Kenn why Texas is #4. Im from Texas, I want Texas to be #1. But the #1 state is North Dakota. #2 was Wyoming, would you have thought that? Alaska is #3 and Texas is #4. When you look at Austin, were ranked 6th in the nation. When you watch all this national crap, and pardon my French, you should use your filter because theyre talking about this stuff because they neglect to tell you about how California went up 800% and now is down 30%. They dont tell you that part in the headline, they just say real estate values down 30%. And you get scared. The reality is that real estate is a sound investment and we can ground it over a long period of time. I think thats all Im going to say right now Kenn if you want to come back up.

Duration : 0:3:23

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , , , , , , ,

KLBJ 590 AM — “First Time Home Buying Secrets” Kenn Renner new book — Credit Reports

Posted by admin on February 2nd, 2012 and filed under first mortgage | No Comments »

Kenn Renner co-hosts Real Estate Radio on KLBJ 590-AM with David McMillan.

http://www.BuyAustin.Com

For more information, contact Kenn Renner at 512-423-5626 (call / text) or email Kenn@BuyAustin.Com

Duration : 0:2:19

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , , , ,

6446 Lucente

Posted by admin on January 23rd, 2012 and filed under wholesale mortgage | No Comments »

Investors real estate association jacksonville below wholesale housing property homes mortgage discount

Duration : 0:5:7

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , ,

Stop Foreclosure in NY New York – Law Offices of Bruce Richardson

Posted by admin on January 10th, 2012 and filed under mortgage lenders | No Comments »

http://www.lawofficesofbrucerichardson.com/
STOP FORECLOSURE
PREDATORY LENDING
It is a fact that certain mortgage lenders have a demonstrated history of engaging in predatory loan practices throughout the United States.

These mortgage lenders issued thousands of subprime loans, with multiple layers of risk, through mortgage brokers who regularly provided the mortgage lenders with false information that they, intentionally, recklessly or negligently failed to verify or audit.

Lenders then paid and awarded mortgage brokers, originators and others in a manner that, predictably, induced brokers to steer borrowers into costly loan products.

If you are facing a foreclosure, call me for a free consultation 1-800-985-9007.
http://www.lawofficesofbrucerichardson.com/real-estate-law.html

Duration : 0:9:43

Read the rest of this entry »

Technorati Tags: , , , , , , , , ,

“First Time Home Buying Secrets Revealed” by Kenn Renner – New Book

Posted by admin on January 5th, 2012 and filed under first mortgage | 2 Comments »

Kenn Renner discusses his new book, “First Time Home Buying Secrets Revealed.”

Duration : 0:1:42

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , , ,

Lady flips out on mortgage loan officer voice mail

Posted by admin on December 27th, 2011 and filed under mortgage loan | No Comments »

Actual voice mail of a lady flipping out over a delay in getting her loan documents. Many feel her frustration with the loan process with all of the over regulation that causes delays to perfectly good, qualified, home buyers. While it’s pretty funny to listen to, it’s hard not to understand her anger under the circumstances.

Duration : 0:0:28

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , ,

32841 CHATHAM LN, Franklin, MI 48025

Posted by admin on December 25th, 2011 and filed under franklin mortgage | No Comments »

32841 CHATHAM LN Franklin, MI Keller Williams – W. Bloomfield / Farmington Hills Market Center http://www.realestatebook.com/homes/listing/101-3001229177/refer=FP42A Located on a beautiful interior lot. Furnace & Central Air just installed. $4,498 in Seller Concessions. Seller Requires Buyer obtain a free prequalification letter from Wells Fargo Mortgage, an entity which is a joint venture w/ Wells Fargo Home Mortgage, or the Neighborhood Assistance Corp of America. Free pre-qualification may be obtained online.

Duration : 0:0:55

Read the rest of this entry »

Technorati Tags: , , , , , , , , , ,

Adjustable Rate Mortgage (ARM) payment Shock: What you shou

Posted by admin on December 24th, 2011 and filed under mortgage loans | 5 Comments »

Mortgage Moments Vol 10. Do you have an ARM? Do you know when it adjusts? Do you know how high it can go? All these questions and more should have been explained when you got the loan. But too often, these explanations were not made or made so you understood them. Here the is what you should have been told and what you should be monitoring.

J Michael Seely conducts live seminars and webinars on “Demystifying Mortgage Loans”
His goal is to put you in charge of your most important financial asset…your real estate and the mortgage that supports your real estate. Learn how to save thousands when obtaining a loan and 10s of thousands over the life of a loan.

visit http://www.UnderstandingYourMortgage.com and learn just where you stand with your mortgage or purchase.

Thanks for watching.

Duration : 0:4:48

Read the rest of this entry »

Technorati Tags: , , , , , , , , , , , , ,