Mike DelVero's (mikedelvero) Blog

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Mortgage and Lending - Liberty One Lending
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Senator Joseph Lieberman, who eight years ago served as the Democratic vice presidential nominee, said he decided to back Republican presidential candidate John McCain this year because ``country matters more than party.'' ``John McCain is the best choice to bring our country together and lead Am...
09/03/2008
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Oil prices dropped $6 yesterday. Today its down another $2. If oil prices keep falling we will see gas back at $3 very soon. On of the big factors in the decline in demand for housing was risign interest rates. We have sinced stopped that. On of the big facors was the skyrocketing rise in energy ...
09/03/2008
Ok, I think it's safe to say that all of us know that Stated Income programs are about as easy to get as a french supermodel. (Easy Johnny Depp)  But, to add a little glitter on the pomade are the Mortgage insurance companies who are crushing loans that institutions will allow. So, we try to get ...
09/02/2008
Finally, some good news we have been waiting for in the National and Phoenix area Real Estate Market. ‘Sales of existing homes rising modestly inventories falling, the National Association of Realtors reported recently Sales have picked up for several reasons. 1) Lower home prices - yes, prices a...
09/02/2008
Yes, you are reading correctly. this past march , March, according to John McClean who researched this from the public tax records in Maricopa County , (which includes, phoenix, Scottsdale, Glendale, Tempe, Peoria, Fountain Hills and Paradise Valley) in fact, throw in a couple of ‘smaller’ home s...
09/02/2008
One of the key indicators, the survey also asks is fir builders to rate traffic of prospective buyers . The theory being, as traffic in model homes picks up, then the buying will closely follow. A new homes sales agent (should I mention the builder name ??) in DC Ranch (a home community in North ...
09/02/2008
March is synonymous with many things Spring; winter is behind us (in Phoenix, Scottsdale, and surrounding towns like Tempe and Peoria, we are not sure if this is a good thing) the NCAA basketball tournament  the Easter Bunny visits and those ‘ Peeps' which make their way into our diet thankfully ...
09/02/2008
President Bush recently signed into law legislation that contained aprovision to eliminate charitable down payment assistance, effective October1st, 2008; which could prove itself to be the single greatest blow to the UShousing market during our current housing crisis.  why charitable down paymen...
09/01/2008
Short sales are much different than Foreclosures and REO real estate. short sale"  is a step by step process that if approved, the bank will in effect, issue a "short sale"approval. I can walk you through a detailed and step by step process if you request. However, in a nutshell, you need a hard...
09/01/2008
When you're swimming in a sea of debt, you're constantly looking for a lifeline. This is the time to keep a cool head and make sure that whatever you latch on to will buoy you to safety and not tie you down with dead weight. Just be careful who heeds your SOS.  A loan may help get you by, but you...
09/01/2008
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