February 2012
18 posts
11 tags
Feb 29th
8 tags
Feb 29th
Anonymous asked: HI Mark Is the property on Valley View FHA approved? Italo Munoz. Thanks
Feb 29th
Feb 28th
8 tags
Let the Corporate Bidding on Foreclosures Begin!
The first pilot transaction in which investors can buy foreclosures in the Foreclosure-to-Rental initiative was launched today.  The Federal Housing Finance Agency (FHFA) has a package of 2,500 properties in 6 major cities and has begun taking bids from qualified investors.  These homes are a mix of both Fannie Mae and Freddie Mac properties. These qualified investors must submit their...
Feb 28th
Anonymous asked: Why must 6501 n. Arlington be cash?
Feb 27th
8 tags
Government Will Be Pushing Business to FHA… but...
Last month, President Obama announced at the State of the Union Address of a new refinance program he was working on that would extend HARP rules past Fannie Mae and Freddie Mac.  The new program would be extended to include the largest financial institutions.  This new program would allow homeowners underwater on their homes to refinance their mortgages to current interest rates, potentially...
Feb 23rd
2 notes
Anonymous asked: Hello Marc, I have an active offer on 151 Santa Fe for 250k, but haven't heard anything from you for weeks. I offerred this amount when the property was listed at 270K, and again when listed at 250k. Why doesn't the bank accept my offer? Can you explain to me what's going on? Thank you, Kenneth S. Hanley
Feb 23rd
Anonymous asked: Hello, Regarding the fourplex at 151 Santa Fe Ave, Richmond, can you provide any inspection reports or documentation regarding property condition? I would like to get a general idea of what is needed for renovation.
Feb 22nd
10 tags
Feb 17th
2 notes
Anonymous asked: Is the property on fleming still on the market
Feb 15th
8 tags
Feb 15th
1 note
6 tags
The iPad and iPhone Apps That Are a Must For All... →
To download the apps that I use for real estate on a daily basis, click on the link below: iPad & iPhone Apps for Realtors Check them out because they will make you a more efficient Realtor.  Also great for the very proactive Home Buyer or Home Seller! Marc Guzman
Feb 15th
2 notes
10 tags
Feb 8th
1 note
10 tags
HARP 2.0 Released Today… But Huge Disappointment
After all the big hype by the government in releasing a new version of the Homeowner Assistance Refinance Program (HARP), HARP 2.0 was released today.  The biggest obstacle that the original refinance program ran into was a cap of 125% Loan-to-Value ratio.  This meant if your property was more than 25% underwater, then you would not be able to refinance.  Well that made it very difficult for many...
Feb 7th
2 notes
Anonymous asked: Hello is 143 Lucy in North Richmond
Feb 3rd
23 tags
Feb 2nd
1 note
Anonymous asked: What is PITI?
Feb 2nd