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Mortgage and Lending - Real Estate Resource Home Loans
  In one of the best kept secrets in real estate today, you can buy a home for only $100 down!  Loan programs also allow up to $5,000 in repair costs.   What's the catch?  Actually there isn't one except they are only available for HUD owned homes. These homes can be viewed on HUD.Gov.  You can a...
In a tough real estate market, you need to look at any avenue to increase revenue.  An often overlooked program is the FHA Kiddie Condo Loan.  Despite what the name says, it does not only apply to condos.  Every year parents send their kids off to college.  With rising cost for housing it may mak...
Within the next month FHA will change to a risk pay lending format like both Fannie Mae and Freddy Mac have done.  The changes raise both the front end mortgage insurance premium and the monthly.  For borrowers with good credit and higher LTV will have rates and premium decrease.  For most the ra...
    Are foreclosures bargains?  No question they can be but they are not easy to close.  As more and more foreclosures are stacking up, lenders are overburdened.  Dealing with the asset managers can be a long drawn out processes.  Recently I had two deals go away because the asset manager had not...
  Buy low, sell high is one of the most basic fundamental of investing.  We all look back and kick ourselves on why didn't we buy that Microsoft stock.  Why didn't we invest in company XYZ when it was cheap.  Instead people jump on band wagons like Enron.  This also defines today's real estate ma...
The Truth About the Mortgage MarketBy Jim AlrothReal Estate Resource Home Loans  Subprime mortgages have now been credited for bankrupting well over 110 lenders and seriously damaging operations at many major mortgage firms. They've reportedly wiped out 5 hedge funds, tens of thousands of jobs, a...
A Qualified Mortgage Consultant Can Outline Your OptionsRenters Have Much to Gain by Pursuing Home Ownership     Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purc...

Jim Alroth

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