What are judgments? What are deficiency judgments? What are examples of judgments? Can you please run a few case scenarios how a derogatory or delinquent account turns in a judgment? Can I get a mortgage loan with a judgment? How do I clear up a judgment? Can I vacate a judgment? What are considered judgments? What are the four types of judgments? What happens if a defendant does not pay a judgment? What happens after a judgment is entered against you. What does a judgment for the defendant mean? What is a default judgment? How long is the statute of limitation on judgments? How can you resolve a judgment and get on the road to rebuilding your credit.

What is delayed financing and how does delayed financing work? What are the disadvantages of delayed financing? What is the 90 day rule for delayed financing. What is the difference between delayed financing versus cash-out refinancing. What are the benefits for delayed financing. What type of mortgage loan program does delayed financing apply to? Does Texas have special rules and guidelines on delayed financing?

What is considered payment shock by mortgage lenders. How do lenders calculate payment shock. What is considered low payment shock. How is low payment shock considered a compensating factor. Can you give a few case scenarios of payment shock.

Hello hope you’re well, have question for you. My brother was divorced but the house is in his wife name and his and the payment and deed are in both. He has 3 children will his part go to his kids.

What is the role of a mortgage underwriter at a mortgage lender. What is the main function of a underwriter. What does a mortgage underwriter exactly do. How long does it take the underwriter to clear to close.

There is a condominium crisis forecase in the state of Florida. The term “condo crisis” refers to various potential issues such as maintenance problems, structural issues, financial difficulties, or even environmental concerns. Florida has faced challenges in the past related to condominiums, including issues with building maintenance, insurance costs, and natural disasters such as hurricanes. The state’s vulnerability to climate change and rising sea levels also poses risks to coastal properties, including condominiums. To get the most accurate forecast regarding the condominium market in Florida and any potential crises, you would need to consult real estate experts, industry reports, and local government agencies for the latest information and projections. Additionally, staying updated on news related to the real estate market and potential regulatory changes could provide insights into any emerging issues or crises.

https://www.youtube.com/watch?v=LDV4eFw4tmY

What does COs mean in mortgage terms. How is the process of COs.

Am I potentially able to obtain a mortgage at this time? Or do I need to wait 2 years from the date of discharge of my Chapter 13?

Sapna, Ravinder, Vanessa is a member of our forum. She is a lawyer and runs a law firm. Google will not allow to run Google Ads because her Google account is not verified. Can you please explain what she needs to do to get her Google My Business page verified so she can run Google Ads. Vanessa and her husband Nick are very close friends of Alex Carlucci.

What is the difference between FHA AMENDATORY CLAUSE and VA AMENDATORY CLAUSE?

• This discussion was modified 9 months, 1 week ago by  Sapna Sharma.

https://www.youtube.com/watch?v=Hccg8FWGy68

Starting August 17th, 2024, homebuyers need to sign a Buyer’s Purchase Agreement with a Buyers Real Estate Agent stating the homebuyers will pay the homebuyers real estate agent. Starting August 17, 2024, homebuyers must enter into a written agreement with their buyer’s real estate agent before seeing a house. This is part of the settlement agreement with the National Association of Realtors (NAR), which aims to make this relationship more transparent and formal between buyers and agents.

Key Points About the New Requirement:

Written Agreement:

Before touring homes in person or online, homebuyers must sign a Buyer’s Purchase Agreement with their realtor. The document outlines the agent’s services and how they will be paid​.

Compensation Disclosure:

An agreement should clearly state what compensation the real estate agent representing the buyer will receive. This happened indirectly through the MLS (Multiple Listing Service), which often showed seller compensation offers to buy agents​.

No More Compensation Offers in MLS:

The new rules ban real estate listing offers for compensation in MSL listings. This means buyers and their agents must negotiate directly without involving a third party like the MLS​.

What It Means for Home Buyers and Agents:

More Transparency: Clients now know exactly what service and costs are involved from their agency.

Formalized Relationships: Such requirements establish a more professional working relationship between clients and agencies, leading toward accountability on both sides

Flexibility in Terms of Agreement: Agents can offer different provisions, such as exclusive vs. non-exclusive agreements and contract duration, among others, but compensation should always be objectively ascertainable”​.

https://youtu.be/W_kvg5ciM4Q?si=SFeViOXta8k2QJU5

• This discussion was modified 9 months, 3 weeks ago by  Gustan Cho.

How does the county assessor’s office value home prices and property taxes? What does the assessed value of a home mean? What factors are used by the assessor in determining my home’s assessed value and property taxes? How can I reduce my property taxes? What is the maximum property tax increase in each of the fifty states? Do seniors get a break in property taxes in every state? Where are my property taxes used for? Should homeowners challenge property tax assessment with the county assessor? What is the step by step process in disputing and challenging your property taxes? What are frequently asked questions from homeowners about property tax assessments. What is the difference between assessed versus market value on real estate. What is the basic explanation of property assessments? How are owner-occupant homes, investment homes, and commercial properties assessed and how are the property taxes on these three different types of properties determined?

Property taxes in Wisconsin is going through the roof. In Kenosha County, Racine County, and Milwaukee County, property tax assessor office announced property reassessment increases due to higher real estate values. High reassessment by the county assessor office means property taxes in Wisconsin will be reassessed and increase. I want to know if anyone with expertise in property tax assessments if Wisconin have a property tax cap? Is there a maximum limit on how much property taxes can go up in Wisconsin? At what age do you stop paying property taxes in Wisconsin? How do I fight a high property tax reassessment by the county assessor’s office in Wisconsin? What does an increase property tax assessment by the Assessors Office mean on my property taxes? Why do property value and property taxes increase? Are homeowners in Wisconsin seeing a big property tax increase? What if I cannot afford the property tax increase? How do I avoid paying property taxes in Wisconsin? How are property taxes in Wisconsin compare with the rest of the country? What is the difference in property taxes in Wisconsin between an owner-occupant home versus an investment home or investment property?

https://www.youtube.com/watch?v=8WnmS3ipzBI

youtube.com

Homeowners, landlord react to increase on property value assessments

New property assessments are being mailed out to residents this week.The average increase is more than 17%, according to the city assessor's office. Property...

How is the Pennsylvania housing market forecast? How much is an average price of a house in Pennsylvania? What cities in Pennsylvania have the best bang for the buck on homes and the best school districts. How is home prices in Pennsylvania compared to the rest of the nation. How is the economy and job market in Pennsylvania. How is the cost of living and taxes in the state of Pennsylvania. Is Pennsylvania a good place to raise a family. Is is smart to relocate to Pennsylvania from other states? What states are people moving from to Pennsylvania. What are the best cities with the lowest crime rate and affordable housing in PA a homebuyer from out of state should look at in Pennsylvania.

If you have late payments after bankruptcy or foreclosure, lenders consider borrowers as second offenders. Borrowers with late payments after a bankruptcy or a housing event will have a difficult time getting a mortgage loan approval. Why do mortgage lenders consider borrowers having late payments after bankruptcy or foreclosure, as second offenders. Why do mortgage lenders consider borrowers with late payments after a bankruptcy or a housing event have a difficult time getting a mortgage loan approval. How can you get approved for a mortgage approval with late payments after bankruptcy or foreclosure?

There are thousands of reports that Joe Biden is dead. There are reports of witnesses seen Joe Biden wear a lifelike mask. There are reports the current Joe Biden is a body double. So what is it. Is Joe Biden dead? Did Joe Biden get executed due to crime against humanity and TREASON in Guantemo Bay through Military Tribunal?

https://www.youtube.com/live/r6oAH36Y-rk?si=FRUWJbYBJdkhdpB0

• This discussion was modified 9 months, 4 weeks ago by  Gustan Cho.

What does DEFUNDING the POLICE exactly mean? Why is Kamala Harris such a huge proponent and supporter of DEFUNDING THE POLICE. Why did Kamala Harris aggressively support the DEFUNDING THE POLICE movement after the George Floyd killing by Minneapolis POLICE. Why was Kamala Harris the biggest supporter of DEFUNDING THE LOS ANGELES POLICE DEPARTMENT by Los Angeles Mayor Garcetti. Los Angeles Mayor Eric Garcetti proposed of cutting the Los Angeles Police DEPARTMENT budget by $150 million dollars and Kamala Harris, at the time the United States Senator from California was Eric Garcetti’s biggest supporter. We don’t need a Presidential candidate who is anti-law enforcement and who doesn’t care about fighting crime. Kamala Harris is a joke. An international disgrace who is a disgusting example of a human being.

https://youtu.be/Cdd3XQv8LRc?si=kml_bvcjcCqHS4Bs

• This discussion was modified 10 months ago by  Michelle.

How are the housing prices and cost of living in Utah? What are the average home prices in Utah? What are home prices in Utah compared to other states in the nation? Have home prices in Utah skyrocketed like other states? Are people priced out of the housing market in Utah like they are priced out of the housing market in California? Is buying a house in Utah a good investment?

I have learned recently that Venice, Italy, is charging 5 euros to gain entry to the city. The city has experienced a high volume of profit. There are peak times that they charge; there are 29 dates from April to mid-July, mostly holidays and weekends, between 8:30 a.m. and 4 p.m..

Realizing that nothing in Venice costs under 5 euros, including coffee, it’s not too expensive in the big picture. The profit so far is 2.43 million euros, or about 2.75 million US dollars. That’s a lot of espressos.

Some people asked, “Why should I pay an entrance fee to a city?” It wouldn’t fly in New York City; imagine putting a turnstile at all the various ways to enter the city. They actually do have tolls, which is sort of the same thing. The E-Z pass for bridges and tunnels entering the city is $11.00-$14.00, depending on peak hours. Chicago and San Francisco all have these tolls; travel is a curse. They charge to enter Disneyland and Epcot. The only advantage is that in Disneyland and Venice, you don’t drive. Trams in Disneyland, gondolas, and water taxis in Venice.

There is always a side hustle to these fees, and there is no way to escape them. If you drive or walk, you are charged. Parking at sporting events is so expensive that gas is taxed and relaxed.

Wouldn’t it be Utopia if there was a society that existed with no cars, no gas, no taxes, and no entrance fees?

Can anyone make a suggestion? Maybe artistic intelligence can answer this riddle.

Can someone please explain what it means when a lender or finance company does a FORCE PLACED INSURANCE on the borrower? What does FORCE PLACE INSURANCE MEAN? HOW DOES FORCE PLACE INSURANCE WORK? WHAT IS THE PROCESS OF FORCE PLACED INSURANCE? HOW MUCH IS THE PREMIUM OF FORCED PLACED INSURANCE? DOES THE LENDER GET A KICK BACK ON FORCE PLACED INSURANCE FROM THE INSURANCE COMPANY?

What are the mandatory waiting period after bankruptcy and foreclosure on FHA, VA, USDA, Conventional, Non-QM, and Jumbo Loans? What are the waiting period after the various types of bankruptcy (Chapter 7, 11, 12, and 13) to qualify for a mortgage loan for primary homes, second homes, investment property, and commercial loans. What are the waiting period after the various types of housing event such as foreclosure, deed-in-lieu of foreclosure, short sale to qualify for a mortgage loan for primary homes, second homes, investment property, and commercial loans.

https://www.youtube.com/watch?v=FbTv1HjBKIk

Here are cute German Shepherd Videos and pictures

https://www.facebook.com/share/r/mqfYNZ8qs4UojMAQ/?mibextid=D5vuiz

facebook.com

2.5M views · 91K reactions | When dad says it's time for work 🤣🐾 🎥 @koolkath1 / tt | Police Dog | Police Dog · Original audio

When dad says it's time for work 🤣🐾 🎥 @koolkath1 / tt. Police Dog · Original audio

If you sat through that rendition of the National Anthem during the home run derby last night. You may be eligible for compensation. First Trump’s ear now ours.

What is a cash-out refinance and how does it work?

Here is a blog written by John Strange about FHA Refinance Guidelines. It is an older article that has been updated and posted today. Great informative article.

https://gustancho.com/fha-streamline-guidelines/

gustancho.com

FHA Streamline Guidelines on Credit and Non-Credit Refinance

FHA Streamline Guidelines on cedit and non-credit refinance do not require income docs or verification and no new appraisal is required

Is it possible to become a first-time homebuyer in California? What is it with California that people want to live in that state? California has high crime rates, double the home prices than other states, high cost of living, high cost of goods and services, high regulations, and high unemployment rates. What makes people want to stay in California?

How does OTC New Construction Loans work on Conventional Loans. What are the eligibility requirements for one-time-close new construction loans? What can you build with OTC New Construction Loans. What is the mortgage process on OTC NEW CONSTRUCTION LOANS? What is the down payment requirements, credit score guideliines, debt-to-income requirements, and what type of property can you build?

Home mortgage loans for investment homes, also known as investment property loans or rental property loans, are loans specifically designed for individuals or investors looking to purchase residential properties with the intention of generating rental income or capital appreciation. These loans are different from traditional home mortgages, which are typically used to purchase a primary residence.

Here are some key points to consider when it comes to investment property loans:

1. Loan Types:

   • Conventional Loans: These are traditional mortgage loans offered by banks, credit unions, and mortgage lenders. They typically require a down payment of at least 15% to 25% and have competitive interest rates.
   • FHA Loans: The Federal Housing Administration (FHA) offers loans with lower down payment requirements (as low as 3.5%) but may have stricter qualification criteria.
   • VA Loans: Veterans and active-duty military personnel may be eligible for VA loans, which often have favorable terms, including no down payment requirement for qualifying borrowers.
   • Portfolio Loans: Some lenders offer portfolio loans that aren’t backed by government agencies. These loans may have more flexible eligibility criteria but can come with higher interest rates.

2. Down Payment:

   • Investment property loans typically require a larger down payment compared to primary residence loans. The exact amount varies but is generally between 15% and 25% of the property’s purchase price.

3. Interest Rates:

   • Interest rates for investment property loans may be slightly higher than those for primary residence loans. The rate you receive depends on factors such as your credit score, loan type, and lender.

4. Qualification:

   • Lenders will consider your credit score, debt-to-income ratio, and the potential rental income from the property when evaluating your eligibility for an investment property loan.

5. Property Type:

   • The type of property you intend to purchase can affect the loan terms. Single-family homes, multi-unit properties, and commercial properties may have different financing options and requirements.

6. Rental Income:

   • Lenders often take into account the property’s potential rental income when determining loan eligibility and terms. They may require rental income documentation, such as leases and rental history.

7. Tax Implications:

   • Owning an investment property may have tax implications, including deductions for mortgage interest, property taxes, and depreciation. Consult with a tax professional to understand the tax benefits and responsibilities associated with investment properties.

8. Property Management:

   • Managing an investment property can be time-consuming. You may need to hire a property manager or handle property management tasks yourself.

Before pursuing an investment property loan, it’s essential to conduct thorough research, assess your financial situation, and develop a solid investment strategy. Additionally, working with a knowledgeable real estate agent and a reputable lender can help you navigate the complexities of purchasing and financing investment properties.