Monday, November 30, 2009
Saturday, November 28, 2009
Friday, November 27, 2009
Saturday, November 21, 2009
Wednesday, November 18, 2009
Condo's eaiser to get a mortgage or refinance
Established condominium projects consisting of attached units (5 or more) must have an owner occupancy ratio of at least 51% at the time the loan is originated (purchase or refinance). · Projects that do not meet the owner occupancy ration of 51% will need to be submitted for approval under the PERS. |
This is Huge News! If your borrower is buying a primary residence, the 51% rule of owner occupancy does not apply!!! Look at the section that starts with Note.
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Tuesday, November 17, 2009
Sunday, November 15, 2009
Cap and Trade: A License Required for your Home
We encourage you to read the provisions of the Cap and Trade Bill that has passed the House of Representatives and will soon be considered by the Senate.
A License Required for your house
Beginning 1 year after enactment of the Cap and Trade Act, you won't be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the "Cap & Trade" bill passed by the House of Representatives, if also passed by the Senate, will be the largest tax increase any of us has ever experienced.
The Congressional Budget Office (supposedly non-partisan) estimates that in just a few years the average cost to every family of four will be $6,800 per year.
No one is excluded.
However, once the lower classes feel the pinch in their wallets, you can be sure these voters get a tax refund (even if they pay no taxes at all) to offset this new cost. Thus, Mr. and Mrs. Middle Class America will have to pay even more since additional tax dollars will be needed to bail out everyone else
Friday, November 13, 2009
Thursday, November 12, 2009
Monday, November 9, 2009
BRPH Leads Design Team for Boeing's 787 Final Assembly Building
BE&K Building Group and Turner Construction, with design partner BRPH, were given the contract.
This project represents the largest single capital investment in South Carolina’s history, a record previously tied to BMW’s historic decision to bring its luxury car assembly to the state in 1992
Press Release Here
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Saturday, November 7, 2009
Realty Times - Short-Sale Pre-Foreclosure Investing
Then, with my third offer, I really want to try and buy this house so I offer $100,000. I'm going to raise my offer a couple times, so I'm leaving room to negotiate and appear flexible. I'm going to actually present three independent packages, each one from a different point of view. My first package is going to be all about the homeowner, their distress, what's happening in their lives, any disrepair their house might have and anything that might help build an emotional attachment between the bank rep and my homeowner. Then when they come back with a counter offer, I'm going to talk about the area, the market, all the things on the news, the bailout and all the bad things. Then when they come back and I go in for my final offer, I'm going to say this is my last offer and present to them a timeline that lays out how much money they are losing since the very first missed payment."
Looking to Buy or Sell - Contact Brian at Agent@WandoHomes.com - www.WandoHomes.com - 843 416 2057