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Thank you for sharing Sonny. Informative article and benefits our members 👍
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Gustan Cho
AdministratorApril 16, 2024 at 3:24 am in reply to: Lennar Home Builders Drop Home Prices in 2024New home prices nationwide are dropping an average of 19% and inventory of homes are raking up since 2022 all time highs. Homebuilders from Lennar Homes, DR HORTON, PULTE GROUP, NVR, TAYLOR MORRISON, KB HOME, MERITAGE HOMES CORP, CLAYTON PROPERTIES GROUP, BARRETT DEVELOPMENTS, and others are all seeing lower home sales and cutting home prices and offering incentives such as huge incentives and mortgage rate buy downs steering to their preferred Mortgage Lenders.
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Gustan Cho
AdministratorApril 16, 2024 at 3:13 am in reply to: Financing of Multi-Family Build on Owned PropertyFrom my understanding it is a builder and does not quite have permits yet. I told Sonny we can possibly do a TBD and get the ball rolling. On another note do we have an investor for mobile home parks and RV parks for @RPE
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@Wendy GM Lahn, Esq., MBA, LL.M. So, I am licensed in 48 states and not licensed in New York and Massachusetts at NEXA Mortgage. So you mean to tell me that I can get sponsored by another mortgage company for Massachusetts and New York and be licensed and sponsored in 48 states with NEXA Mortgage. Therefore, I have two sponsoring mortgage companies with NMLS? @Tatiana is a fellow loan officer at NEXA Mortgage but has a major hurdle because Massachusetts is her home state and she is waiting for NEXA to get licensed in Massachusetts and New York. She loves NEXA but is handcuffed because all of her contacts is in Massachusetts and New York.
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Gustan Cho
AdministratorApril 10, 2024 at 9:02 pm in reply to: RVPark Plan to transform to Airbnb VillageJohn, meet @CAM-THE-MAN Cameron LeClair the Man who is anyone who you want him to be. Wholesale mortgage king, helping the unemployed, imitation mortgage underwriter, a man that does everything backwards. Has a baby and then gets married. We all love the crazy man Cameron
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Not too many mortgage lenders do HUD FHA TITLE 1 LOANS. Most Solar panels installed are around $25,000 to $30,000. Many municipalities offer tax breaks for homeowners who install Solar Panel Systems. Many Solar panel companies are looking aggressively for lenders who can finance Solar Panels. Here’s an article about FHA TITLE I loans for Solar Panels.
https://gustancho.com/fha-title-i-loans/
gustancho.com
What You Need To Know About FHA Title I Loans
FHA Title I loans insures lenders to finance the moderate renovation of homes and non-real estate properties. Terms are for 20 years and 32 days.
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Gustan Cho
AdministratorApril 10, 2024 at 1:03 am in reply to: RVPark Plan to transform to Airbnb VillageLooks beautiful and relaxing. Any golf courses, water parks, entertainment areas.
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Gustan Cho
AdministratorApril 9, 2024 at 8:18 pm in reply to: What is a Better Investment Between Gold and Silver?Silver is rising faster than gold. Silver is going to be making new highs shortly. Silver has gone up 10% in one week outpacing the rise of gold. I highly recommend you to buy physical silver bars or silver coins. Make sure that you are able to feel, smell, touch, and see your silver or gold investment. Paper silver and gold can be shorted and can be artificial investments. The liberal media is not covering the screaming buy gold and silver is.

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