Nick Pakulla Mortgage Lender Loan Officer in Maryland (MD), the District of Columbia (DC), and Virginia (VA)

Some good information from Diane Osowiecki on how long information will remain on your credit report.  Different loan programs have different requirements for how long you must wait until you can get a mortgage, so even though something may last 7 years, it doesn't necessarily mean you must wait ...

  If you are near the Gaithersburg / North Potomac / Kentlands area and are looking for outdoor live music concerts then the Kentlands is a great place to go.  There are two main venue locations for outdoor music this summer.  The first venue is Main St. Pavillion Green (Main St. and Midtown)Spon...

The federal homebuyer tax credit settlement requirement has officially been extended until September 30th 2010.  President Barack Obama signed the bill into law yesterday (Friday July 2nd). On Wednesday June 30th the Senate passed the extension of the First Time Homebuyer Tax Credit, the U.S. Hou...

Some clarification was realeased in June from HUD regarding Good Faith Estimates (GFEs) and so called worksheets that show total settlement charges for purcahsing a home. Over the past 6 months many lenders have been creating so called "worksheets" or "estimates of settlement charges" to help sho...

In a blog post earlier today Google announced that Google Voice is now open to everyone (US residents only) - no invite required! "We introduced one number to ring all your phones, voicemail that works like email, free calls and text messages to the U.S. and Canada, low-priced international calls...

With many homeowners left with no other option besides a short sale or a foreclosure something to watch out for is what is called a deficiency judgment.  These allow the bank to go after the borrower(s) for the difference between what the property sold for compared to the amount owed on the balan...

Realtor.com recently released a beta site that provides much needed improvements in the ever evolving landscape for online real estate shopping.   The most notable improvement being a home search map interface: On the map they offer a few unique features that I haven't seen anywhere else - a heat...

With new construction picking up in Potomac, MD. Should builders be allowed to give incentives for using their recommended or affiliated lender?   Often when purchasing a newly built home builders offer discounts, rebates, closing costs, or upgrades, only if the purchaser agrees to use the builde...

In a vote of 406 to 4 on Thursday June 10th the house passed the FHA Reform Act (H.R. 5072) enables the agency to reform its current mortgage insurance premium structure by shifting some of the upfront cost to the annual premium.  In summary, this bill allows the borrower's annual premium cap fro...

If you feel that your Maryland assessed property tax value is wrong, it really isn't that hard to make an appeal and get your tax assessment lowered.  It does take a little bit of time and effort, so you need to consider how much you feel you can get your value lowered by before committing.  The ...