George Souto - FHA, CHFA, VA, USDA, & Fannie Mae Home Mortgage Loans, Connecticut

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Mortgage and Lending - George Souto NMLS #65149 FHA, CHFA, VA Mortgages - NMLS #65149

ARCHIVED BLOG POSTS

2011 

A question that I get often is what are the FHA requirements for distances for properties with well & septic systems?  FHA is clear on their guidelines for distances for properties that have a well & septic system, but FHA also will make exceptions to their guidelines in certain circumstances if ...
09/18/2011
Most of the streets here in Middletown, CT, have city water & sewer.  However, there are still a number of streets that the homeowners never hooked-up to the city water & sewer, and continue to be on wells and/or septic systems.  Because these homeowners have never hooked-up to the city water & s...
09/17/2011
After almost two years since the new Good Faith Estimate (GFE) and Truth In Lending (TIL) have gone into effect, Washington is coming to the realization that everyone in the Lending Industry came to the minute that the revised forms were unveiled.  The Lending Industry has been stating for almost...
09/16/2011
CNN Money recently came out with their list of the 10 best cities to buy a rental property. I personally was surprised by the list, because I was thinking that the 10 best cities to invest in rental property would be the cities that have been least effected by the declining Real Estate Market tha...
09/15/2011
If you have not read Larry Bettag’s blog  Best Practices Contest!!!! Earn Some Points and Make Some Money Too!  Larry is running a Best Practice contest this month, and even though this contest, unlike many of the others does not have automatic points awarded, I have still decided to do it.  Why ...
09/14/2011
Today was Primary Day here in Connecticut in a number of Cities and Towns throughout the State.  I have not heard what the turn out was in all the towns, but here in Middletown is was not very good.  The turn out was only 24.36% of the voters eligible to vote for our Primary, and that is extreme...
09/13/2011
Connecticut Realtors who are in need of the Continuing Education Classes, the Middlesex Chamber of Commerce is offering the following classes listed below.  The Middlesex Chamber of Commerce is conveniently located in the middle of the State, and the prices for these classes look very reasonable ...
09/12/2011
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This is not a day for speeches, so I will limit what I have to say about this day.  But today is a day of remembering the vicious attack upon our country Ten years ago.  Many innocent people lost their lives on that day, including one that I personally knew.The South Fire District Fire Department...
09/11/2011
This past week I got a call from a Realtor who has been a Realtor for several years, and is very good at what she does.  The reason for the call was because of a question concerning Termite Inspections, and who is allowed to pay for them.  After answering this Realtor’s question, I started to thi...
09/10/2011
As amazing as it might be, interest rates continued to fall again this week.  We did not experience a major drop in interest rates from last week, but we did see downward movement. This should be great news for homebuyers and for existing homeowners looking to refinance, but the lower rates have ...
09/09/2011
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