- Sep 8, 2014
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Well, they had it homesteaded so it only went up marginally every year - not $5k/year. I'm going to look into the deed thing to see if we can claim homestead.
Mortgage rates
- Thread starter Zambo
- Start date
Well, they had it homesteaded so it only went up marginally every year - not $5k/year. I'm going to look into the deed thing to see if we can claim homestead.
- Jun 11, 2014
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- Jul 29, 2014
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- Jul 29, 2014
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- Jul 29, 2014
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Don't know what rest of you are seeing but prices are still going up here...
- Jun 12, 2014
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- Sep 8, 2014
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The biggest issue is she wanted to pay off all the debt and have a cash cushion - so regardless, we needed to refinance it/sell it.
- Jul 29, 2014
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- Jul 29, 2014
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- Aug 23, 2017
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Genius idea. NOT!
Make it easier for homeowners (who are racking up consumer debt like crazy) to use their home equity as an ATM. When do I recall that happening before? Oh, yeah 2000 to 2005.
- Jul 29, 2014
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- Aug 23, 2017
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I know, right? I could certainly use the jump in business as I am preparing to retire.
- Nov 19, 2014
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Exactly. Fannie and Freddie f'ed up just being in the biz they were set up to be in. I am sure they would excel at 2nd mortgages and HELOC's. Just today I saw a report about the increase # of people applying for any kind of loan they can get. And people do that when they need money not when they want money. And as far as Meredith Whitney goes, she has joined Elaine Garzarelli in the "we hardly knew ye" camp. RIP Elaine. I am still waiting for the muni bond market collapse that Whitney called for. Perhaps she lost her marbles after she married WWE wrestler John Layfield and he shagged whatever sense she had out of her.
- Nov 19, 2014
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Condolences @BMF on your loss. I will not offer any advice on how to handle the tax situation etc. I will leave that to Crete. But like me I would say if you choose to buy in a high HOA just make sure the actual price has come down far enough to make it say a wash. I am glad that your mother is in such good health and will only suggest that you continue to take care of her. Keep her where she is happy and it will make things easier for you.
- Jul 29, 2014
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That's 80% of our business over the last 2 years. The good thing for us here in Florida is that a lot of older borrowers have paid off property so being a first it goes into title insurance as well as any 1st or 2nd taken out in a trust,...we also been pushing anything with a UCC, liens of any source or anything needing a deed also into the insurance category. We also upcharge BIG time on multiple CC payoffs too, which we used to do for our flat O&E and closing fee.....Other things we are starting to charge a premium on are RON closings and mobile notary fees.....If there's a will there's a way...
- Jul 15, 2014
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Yeah, I wanna shoot everyone involved with your line items on the closing statementThat's 80% of our business over the last 2 years. The good thing for us here in Florida is that a lot of older borrowers have paid off property so being a first it goes into title insurance as well as any 1st or 2nd taken out in a trust,...we also been pushing anything with a UCC, liens of any source or anything needing a deed also into the insurance category. We also upcharge BIG time on multiple CC payoffs too, which we used to do for our flat O&E and closing fee.....Other things we are starting to charge a premium on are RON closings and mobile notary fees.....If there's a will there's a way...
- Jun 11, 2014
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Yeah, I wanna shoot everyone involved with your line items on the closing statement
Truth be told I always give friends and family a special discount on "our" fees, but I must have missed that title request somehow....
- Jul 29, 2014
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It makes sense. I think SW and SE Florida always see the fastest rises in selling prices so when the market turns they are usually the first ones flooded with underwater inventory(in more ways than one, pardon the pun
)
- Jul 29, 2014
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Pay real close attention to the second half of the video especially around the 18.00 mark....I'm telling you guys who are waiting on the sideline are making a YUGE mistake....sh!ts gonna go up another 20-25% once rates go below 6%...look closely at what the lowering effect does to "qualify ability and don't forget the 40 year will be rolled out more and more....
