Jennifer's Blog

Mortgage and Lending - Not yet determined
Although Fannie Mae has written down a bunch of losses, Fannie Mae announced a new, national policy on down payment requirements for conventional, conforming mortgages the company will purchase or guarantee. I am so glad they have because this goes to show they are willing to stick their head out...
Somebody please explain to me why the Presidential Administration is threatening to VETO the FHA short bill? If someone owes more than what their property is worth and it is an adjustable rate mortgage.....someone is going to just walk away instaed of attempting to refinance. This is the stupides...
Home NewsStrategies for Savvy Sellers If you're thinking about putting your home on the market this summer, you'll find yourself in good company and with some heavy competition. Increased foreclosures, short sales, and growing inventories will create some scorching summer deals. With this in min...
One of my favorite quotes that came from a Successories poster was "some people dream of success while others wake up and work hard at it." Isn't this the truth? I got to thinking about it and there are others that are out there. I read a verse in the Bible recently that says you might be a runne...
Federal Housing Administration (FHA) loans have become an extremely popular choice recently for Americans looking to buy a new home, or refinance an existing home. In fact, according to the FHA, the total volume of FHA loans has reportedly tripled in the last year alone - but why?In recent years,...
Should give you something to think about when you do your flyers and your MLS listings. Watch your words. There are enough articles out there on the internet that make fun and say what the words "really mean" Here are some examples: Cozy means dollhouse (tiny) Convenient to shopping: Next to a st...
Monthly MI is not required on loans with a 15 yr term and an LTV of 89.99 or less.  FHA does not have a declining markets policy  United States Citizenship is not required for eligibility  (borrower must be a lawful permanent resident alien with valid social security card and evidence of lawful p...
Now this sounds interesting, I saw this on a website and with all of this stuff going on...does this actually happen? If you have an FHA insured loan, your lender may be able to work with you in order to obtain a one-time payment from the FHA insurance pool that will bring your payment schedule c...
I came across this and I thought this was interesting from Minnesota Attorney General Lori Swanson today filed six new lawsuits in Hennepin County District Court against foreclosure consulting companies that charged Minnesota homeowners up to $2,375 to save their homes but f...
Join me in my new forum. This is for people who would like tips with marketing, dealing with sellers and buyers, etc. I think all of you will enjoy it. This is also for webinar, seminar, ANY kind of requests that will help you in this market. The website is  Enjoy an...

Jennifer Butz

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