Adjacent lot available. Beautiful home across from Midland Hills GC in roseville minnesota, Over 3300 square feet+ full foundation. Fabulous granite kitchen, main-lvl family room, hardwood floors, 3 bedrooms up including spacious mstr suite+ main level BR, Main floor laundry. This is one of the best Homes for Sale in Roseville MN.

When shopping for homes there are many different types of sellers you may be dealing with. The most common are Traditional,Estate Homes, Bank owned, Short sale and Homes owned by the department of housing and urban development or otherwise known as HUD homes. Each type of sellers is dealing with a different situation and there… Read More

Do you think that your home’s value maybe upside down?   You may have talked to friends, family or acquaintances about your options. Stop Foreclosure, there is a lot of misinformation circulation about modifications and short sales. Below is a list of options that are available to you if your home’s value is upside down depending… Read More

The Federal Housing Finance Agency, with Fannie Mae and Freddie Mac, has announced a series of changes to the Home Affordable Refinance Program (HARP). This program was designed to be able to help people who were in a position of negative equity. Now, it someone is upside down on their home, there will be no… Read More

While 70 percent* of Americans see homeownership as part of achieving the American dream, the homeownership rate has taken a 10 year decline** that hasn’t been seen since the Great Depression.  While some steps have been taken to assist underwater homeowners to refinance, ***  A fast transition back into homeownership is good for the economy,… Read More

VIA – http://iloanhomemortgage.com/uncategorized/do-i-need-to-be-late-my-mortgage-to-qualify-for-a-short-sale-dont-take-yes-for-an-answer/ I have a lot of people call me to get pre-qualified to purchase a home using FHA financing after a short sale. Early on, not a lot of these scenarios panned out but these days, more and more of them do. When they don’t, the number one reason is because they took… Read More

Beautiful Victorian conversion offers 3BRs on 1 lvl, spacious 3rd Flr Fam/Media rm, 2car, lg mstr BR w/walk-in closet, sunny updated kit w/SS applncs, main-lvl BA & laundry, gorgeous open porch, Lg deck w/hot tub/privacy fencing. Contract for deed avail.                  

[youtube=http://www.youtube.com/watch?v=3IQQsRyY3U0&hd=1] Try It In Full Screen Mode by Clicking on the Button in the Lower Right Charles Dailey – iLoan – NMLS ID# 79048 – CA DOC, MN DOC & WI DFI – 612.234.7283 The Home Buyers Scouting Report® is provided directly to the buyer by HBM II, a licensed national real estate brokerage service… Read More

via RealtyTrac - Foreclosure Homes Account for 25 Percent of all Q3 2010 Residential Sales. IRVINE, Calif. – Dec. 2, 2010 — RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, today released its Q3 2010 U.S. Foreclosure Sales Report™, which shows that foreclosure homes accounted for 25 percent of all U.S. residential sales in the… Read More

For those of you who are such industry dinosaurs that you remember how to do a FLEX 97 loan with Lender Paid Mortgage Insurance (LPMI), you’re in luck because, aside from 95% conventional with single premium financed mortgage insurance (SPMI), the time has come where this is the best high loan-to-value product for purchases. Soon,… Read More

Since mid 2007, the mortgage originator as we know it has ceased to be. The requirements for technical knowledge, industry awareness and precision have skyrocketed to the extent that a modern day loan originator is more of an “Under-iginator.”He/she must be 50% loan officer, 15% customer service/sales rep, 5% appraisal reviewer and 30% underwriter to… Read More

I’ve written on this subject before but I want to be more thorough this time. There have been too many articles put out lately that discourage people from contemplating a home purchase after doing a short sale. These articles express cynicism about home sellers’ financial habits and Realtors alike. Most Realtors doing short sales know… Read More

It is inevitable that FHA will play less and less of a role in the lending market. As this unfolds, it’s critical for loan officers, Realtors and borrowers alike to understand the many options in the improving private mortgage insurance market. In the distant days when home values were increasing, it made perfect sense for… Read More

Peak House Prices Will Return to Sand States after 2025: Fiserv.

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Loan Guidelines for Clients with Previous Short Sales Freddie Mac requires, “Evidence on the credit report and other credit documentation that the Borrower has reestablished an acceptable credit reputation for at least the most recent 24 months after the discharge or dismissal of a bankruptcy, short payoff related to a delinquent mortgage obligation, deed-in lieu… Read More

For all loans this year where the borrower has ANY kind of self employed income feature, they will have extra steps to go through in 2010. This means that even if they have a very passive business or a rental property or anything like that, they’ll be put through the Spanish Inquisition of income documentation…. Read More

MBA 2010 Forecast.pdf cantor rates outlook 2010.pdf

2009 Homebuyer Tax Credit Changes.pdf FTHB Tax Credit Q&A.pdf

On Friday the 13th, the Chairman and CEO of J.P. Morgan Chase decided to weigh in on whether a bank could be too big to fail. I’m sure you’re on the edge of your seat wondering which side of this argument he’d be on. I know I’ve been breathlessly waiting for one of the titans… Read More

This was a post from a “Ginger L” on Trulia that I thought was fantastic and wanted to share it with you. “I bought my home on 5-15-09. I amended my return and called the IRS to make sure that I didn’t need any additional forms or proof of purchase. A rep stated that all… Read More

Take Action Now!

In an abundance of poorly conceived legal initiatives and changes to rules and regulations, the Mortgage Disclosure Improvement Act (MDIA), is a positive addition to the mortgage industry’s regulatory regime. It corrects a long standing problem with accurate and timely disclosures for consumers. The main purpose of the Truth in Lending Act or TILA was… Read More

Ever since the first version of the first time homebuyer tax credit, homebuyers have been eager to engage but uncertain about home values and for some, this has caused them to sit on the sidelines.  Two influences will converge in April of next year that should serve as the decisive factors for causing first time… Read More

The Proposed Amendments to Reg Z have led to much complaining about it representing another assault on yield spread premiums but what of the consumer? Are they ready for a bombardment of disclosure to the point that they don’t read them? Are they aware that their smaller loans could become unattended to? Are they aware… Read More