ARCHIVED BLOG POSTS
2009
14
Comments
Today was a perfect day for Open Houses, the weather was perfect, and the Buyers were out. I stopped by four Open Houses and all were busy except one, because of the type of property. The Buyers that I saw at the Open Houses were mainly First Time Homebuyers, and all of them excited about the po...
05/31/2009
Yesterday I wrote a blog on the new policy that was just announced by HUD for the $8,000 Tax Credit, in their latest Mortgagee Letter "MORTGAGEE LETTER 2009-1. In it I advised everyone to read it for themselves and become familiar with it. What I did not do in my blog yesterday was to further a...
05/30/2009
FHA issued MORTGAGEE LETTER 2009-15 today, once again making a provision or provisions for the $8,000 Tax Credit (Gift) to be received before the Closing on a property. Now before anyone gets to excited about this, like many did before, you really NEED to read the entire Mortgagee Letter, once yo...
05/29/2009
5
Comments
In the beginning of the month I wrote a blog "Appraisal Issues Continue To Be Big Problems!!!". In the blog I gave an example of a loan that I was presently working on, and the appraisal issues that I was have with it. It was one of those loans that the Buyer was not the problem, they had excel...
05/28/2009
14
Comments
Most will associate the term "Be Prepared" with the Boy Scouts, and it is a term that I am very familiar with since both my sons are Eagle Scouts. But these days this term has taken on a new meaning for me with all of the changes and challenges that we are facing in the Real Estate Industry. Th...
05/27/2009
15
Comments
Yesterday I commented on a blog that Donna Bigda wrote on Condominiums, and she suggested that I add a couple of links for Buyers to have as a resource. The comment that I made was that most Condo Loans that I do are for First Time Homebuyer, and that FHA and Connecticut Housing Finance Authority...
05/26/2009
13
Comments
Most of us who have been in this business for a while, and plan on being around for a lot longer, pride ourselves in providing our Clients with great service. Up until a couple of years ago I thought that providing great service was good, that is until I read a little book by Ken Blanchard and S...
05/25/2009
18
Comments
****************************************************************************************************************** Info about the author: George Souto is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex Count...
05/23/2009
23
Comments
I don't know about everyone else but for the last two months I have been busier than I have been for a long time. In fact the month of April was one of the best months that I have ever had. I have been so busy that it has been hard to keep up with all of the Pre-Approvals, and Loans that I have...
05/23/2009
11
Comments
****************************************************************************************************************** Info about the author: George Souto is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex Count...
05/22/2009
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