Monthly Archives: June 2011

Home Sale Data

Posted ago by Cary Cox

ShareOne of the things holding back the housing recovery has been the build-up of inventory of homes on the market from the real estate crash of the prior decade. A healthy inventory of homes is typically about ninety days worth …

Non-Recourse Commercial Mortgages

Posted ago by Darren Smith

ShareMany commercial borrowers are asking why lenders are requiring loans with recourse and personal guarantees attached to all commercial mortgages currently.  The answer lies in the 2008 meltdown ofthe financial industry lending markets. Prior to this meltdown, securitization of commercial …

What’s the 4506-T Form?

Posted ago by Cary Cox

ShareThere are lots of mortgage documents to sing when applying for a mortgage and believe it or not each one of them has it’s role in lenders getting you the mortgage you want. One of the most commonly misunderstood forms …

Slowing Economy?

Posted ago by Cary Cox

ShareHere’s an update on the economy from one of our lending partners New York Community Bank.  This past business week’s start and finish were both marked with local record lows in the most watched indicators of the financial market’s condition. On Monday, the S&P …

5 Things That Could Help Sell Your Home

Posted ago by Cary Cox

ShareGreat article from our friends at Trulia.com on new tips for selling your home. What are buyers looking for or in a new home. We all know buyers care about beds, baths, square feet and location, location, location. But inside the …

Is it The Time to Buy?

Posted ago by Cary Cox

ShareHere is a report from the Wall Sreet Journal that makes a good case that now is the time to buy a new home. Back in June 2006, when the housing market peaked, the prospect of a five-year national housing …