Mortgages Made Simple with Rick Gundzik
|
| Thursday, June 26, 2008 |
| FHA Loans, 2nd Homes and Rental Homes - June 26, 2008 |
FHA loans can be the greatest thing since sliced bread for some people. A buyer can receive gift funds, use a non-occupying co-borrower and put less money down than on your typical home loan. These are great loans for 1st time homebuyers or just about anyone who needs a little extra push to buy a home. 
We also answer a listener's question regarding the difference between a 2nd home and an investment property. There are different qualifications, interest rates and a few other things we discuss that you need to be aware of.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
Labels: 2nd home, bad credit, credit repair, equity, fed, federal reserve, fico, finance, home, housing prices, investment, loan, loans, money, mortgage, mortgages, podcast, podcasting, renovation, rental |
posted by Pac Res @ 8:04 AM   |
|
|
|
| Thursday, June 19, 2008 |
| Housing Equity and Short Sales - June 19, 2008 |
The Federal Reserve released their latest report on Housing prices across the country. It reported homeowners have lost a combined $880 billion over the last 12 months. But it's not as bad as it sounds, we'll tell you why.
We also answer a listener's question regarding Short Sales. We explain how they work and why you need patience if you're involved in one.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
Labels: bad credit, credit repair, equity, fed, federal reserve, fico, finance, home, housing prices, loan, loans, money, mortgage, mortgages, podcast, podcasting, renovation, short sale, upgrade |
| posted by Pac Res @ 7:53 AM |
|
|
|
| Thursday, June 12, 2008 |
| Recessions and Housing Prices - June 12, 2008 |
Are we in a Recession??? Technically no, but a lot of people feel like they are. With gas prices up and housing prices down, psychologically people feel poorer. So this tends to create a slow down in consumer spending. A full blown recession does not appear likely, but a commentator I like to read, John Mauldin, prefers to call it a "muddle through economy." By this he means we will meander our way through a period of no meaningful growth in the economy. This isn't good by any means, but not the doom and gloom some people are predicting. And in an election year, a recession would be devastating for the Republican party.
We also discuss how a recession affects housing prices and give you some buy versus rent examples. Then we give you a few more ideas on buying a home today.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
Labels: bad credit, credit repair, fed, federal reserve, fico, finance, home, home auctions, housing prices, loan, loans, money, mortgage, mortgages, podcast, podcasting, renovation, upgrade |
| posted by Pac Res @ 7:34 AM |
|
|
|
| Thursday, June 5, 2008 |
| Credit Reports and REO's - June 5, 2008 |
When you're getting ready to buy a new home, what's the first thing you think of......? Your credit report is correct. Three or four months before you begin shopping for a home you should get a copy of your credit report. This will help you save time in the long run for two reasons. First you will know exactly how your credit looks and second you will have plenty of time to fix any errors or information you didn't expect to find on your credit report. And if there are any errors you can start fixing them yourself by using the links below.
We also discuss the current REO(Real Estate Owned) market in California as it shows signs of life with a rapid increase in activity. Many real estate agents are receiving mulitiple offers on homes due to reduced prices. This activity will help stabilize home prices throughout California.
If you have any questions you would like us to answer on our show, please call our listener line at 714-519-7833 or email mortgagepodcast@gmail.com.
Show Notes:
Annual Free Credit Report
Experian
Equifax
Transunuion
Labels: bad credit, credit repair, fed, federal reserve, fico, finance, home, home auctions, housing prices, loan, loans, money, mortgage, mortgages, podcast, podcasting, renovation, upgrade |
| posted by Pac Res @ 7:47 AM |
|
|
|
|
|
|
 |
| About Blog |
Helping you to understand mortgages and get the best home loan possible. |
|
|
| Links |
|
|
| Templates by |
|
© Mortgages Made Simple with Rick Gundzik. Blogspot Template by Isnaini Dot Com
|
|
|
