Posts tagged: mortgage

Are You Suffering from ‘Cognitive Resource Depletion’? Buying a Home is a Brain Drain According to Washington Professors

According to professors at George Washington University, buying a home is hard. So hard, in fact, that the capacity of your brain to make a smart loan choice is depleted significantly. Are Laguna Beach Homebuyers in danger of this “phenomenon’? Will there be an outbreak? Read on.

Monday June 14th, 2010 in , , , , , , , , , | No Comments »

Are Lenders at War with the Government?

After a harrowing loan approval process for a Laguna Beach Home purchase, a lender shed’s some light on the war between the government and the lending industry. Read the “Lender’s Perspective”….you don’t hear this from main stream media!

Thursday June 10th, 2010 in , , , , , , , , , , | No Comments »

Discover How to Use a Recast Loan to Solve Your Down Payment Dilemma

Are you anxious to close escrow on one of those great Laguna Beach Homes for Sale that just hit the market, but you haven’t closed escrow on the home you are selling? Well, a recast loan scenario may be just the right solution for you. Read about the benefits of this option.

Saturday June 5th, 2010 in , , , , , , , , , , | No Comments »

Stolen Jewelry and $270 Insurance Refund Needed to Close $1 Million Laguna Beach Home Purchase

We have all heard the cautions of tightening lending standards. Most homebuyers in today’s Orange County real estate market have braced themselves for the adventure that has become the loan underwriting process. The “old rules” of “easy” lending that have plastered the news, targeted as being the culprit of our current economic situation, have been replaced by “new rules” which the big banks have promised are here to stay in the quest for more favorable lending practices. But how good can the “new rules” be when a buyer needs to scramble for $270 after putting over $200,000 in escrow to purchase their dream home in Laguna Beach? Will the “new rules” squeeze the financial middle class out of the real estate market?

Friday May 7th, 2010 in , , , , , , , , , | No Comments »