David Krushinsky's Blog

The foreclosure market in Phoenix has sparked national attention and caused a dramatic increase in home sales.  According to an article published by the Arizona Republic, investors trying to reap the benefits of the bargain priced foreclosures jump started the area's housing market in the first p...

Fannie Mae and Freddie Mac have just released details on how they will handle refinance transactions authorized by the Home Affordable Refinance Program. The complete details of both programs can be found by accessing the program guides from Fannie Mae and Freddie Mac, but we will discuss some of...

In my marketplace, Phoenix AZ, we use a document for our loan approval letters referred to as a Loan Status Report (LSR).  It is common for my team to qualify our clients for an amount higher than they are comfortable with in the event they find a home with a higher sales price.  When the client ...