Here is today’s list of top real estate posts of the day.
1) How Loan-Level Pricing Adjustments Keep You From Getting The Lowest Advertised Mortgage Rates – Why am I not getting that rate I saw quoted? Here is why, same reason you may not get the quote for car insurance you saw on TV.
2) FHA 90 Day Flip Rule: Flip Flop – Just because the FHA waived their 90-day flip rule for a year does not mean all lenders will abide by it or have the same rules.
3) Agent Designations Explained – Let me help you with this, designations are a way for the NAR and their affiliates and partners to make money off agents each year. Yes agents after completing the class need to pay each year to use the designation. Kind of like if you went to ASU, got your diploma and then ASU said you need to pay us $500 each year or you cannot say you graduated here. That about sums it up. Not what this article says, but now you know.
4) Targeting Your Online Home Search – Matt does a great job here of giving advice to online home shoppers on how to narrow down your search and find the right one for you.
5) Reading up on real estate – Theresa makes a great point, most of us read up when we go to have our first kid, why not when we buy a house?
6) Top 10 Worst Places to buy real estate in the US – First I have to say I COMPLETELY disagree with this list. I may be wrong, but I would be willing to bet a lot of money that Phoenix is not dropping another 18% this year. But it is worth looking at.
7) I Leased a Property and It Is Being Sold as a Short Sale or Foreclosed…What should I do? – This is something anyone who is leasing in states like Florida, Nevada, Arizona or California needs to be concerned with. another great resource is Lemon Landlord
8) House Call: To Buy or Not to Buy – Good question, how fast would you rush out to buy a new car if the dealer said 4% off? That is what the $8,000 tax credit represents to a $200k house.
9) It’s Important to Know All Things Real Estate if That’s What You Sell! – Back in college I sold cars, it was constantly drilled into my head know your product! This post makes a great point about the same in real estate
10) The Shadow Inventory Debate – What fascinates me about the shadow inventory debate is no one knows for sure, If they did there wouldn’t be 30 different opinions on it. There is more mystery of shadow inventory than there is of the Big Bang Theory.
