RECENT BLOG POSTS
May 14, 2010  Re: SA.3962 (Restoring American Financial Stability Act of 2010)  Dear Senator Dodd,  I write to you today as a real estate and mortgage professional, and member of the National Association of Realtors(NAR) and a licensed mortgage professional, regarding an amendment (SA. 3962) intr...
05/14/2010
The Senate rejected a measure yesterday, May 12, 2010, that would have required home buyers to make a minimum down payment of 5 percent on thier home purchases. This has been talked about for the past few months and at least for now home buyers and other real estate professionals can relax a litt...
05/13/2010
In the past few years some people have faced financial hard times like they've never had in the past, and hopefully will never again in the future. Some of these same people are now WANTING to purchase a home soon or at least know that they can still do so in the future. They also WANT YOU to sel...
03/13/2010
Do you promise? YES... It's been a very difficult few years for everyone, almost everyone! With the mortgage meltdown not to far in the distant past, the whiplash has been nothing less than HELL for everyone, including Realtors, Homebuyers, Homesellers, Appraisers, and mortgage professionals.... ...
03/13/2010
Watch out for the DEAD...Line..... The $8,000 first-time homebuyer tax credit program is set to expire in April.  Homeowners who are looking to take advantage of this tax credit must be under contract on a home by April 30th 2010 in order to qualify and also must close on the home by June 30th, 2...
03/13/2010
The Government in November 2008 passed its final RESPA (Real Estate Settlement Procedures Act) Rule which released the new GFE (Good Faith Estimate) and the revised version of the HUD-1 Settlement Statement. HUD (our Government) estimated that more clear disclosure of costs and limits on the amou...
12/31/2009
The government has still not yet decided to extend the First Time Home-buyer Credit. What are they waiting for? If they knew how bad it really was out there they'd act on extending the tax credit. Our mortgage modification experience tells us that many lenders and mortgage servicing companies are...
10/22/2009
Well it's close to the end of the month and still no national lenders have committed to lend under the new HOPE FOR HOMEOWNERS being proposed by FHA/HUD. It's really not hard to understand why no national and/or regional lenders have stepped up to the plate to finance under the program. After rea...
10/30/2008
DON'T TAKE AN OVERPRICED LISTING IT MIGHT COST YOU MORE THAN YOU THINK!  REAL ESTATE DECLINING MARKETS, WATCH OUT!!!!  These are the resent changing rules that will affect an overpriced property. Don't be caught with one. Use this article to inform and prepare your sellers.  This is what most ban...
10/13/2008
Well fellow agents and mortgage professionals the news is out. Fannie Mae and Freddie Mac have just made their first change to their new LLPA (Loan Level Price Adjustments). Imagine, only 60 days with the new pricing hits and they are changing them already. It seems that having a 720 credit score...
08/19/2008
Rainmaker
49,283

Ronald A. Giannamore

Ask me a question
*
*
*
*
Spam prevention

Additional Information