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Written By: admin on December 22, 2009 One Comment

I am working a small condo deal and we are going to offer seller financing, what docs need to be included with the mortgage package?
TIL
Excellent Faith Estimate
HUD 1 Settlement
What else?
~Thank you.

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Written By: admin on November 26, 2009 One Comment

The seller agreed to credit me ,500 for closing costs but in the estimated HUD the title co. is only crediting me ,500 because they said it only covers closing costs, not settlement or closing fees because the contract states closing fee, not closing costs. Does this sound right?

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Written By: admin on October 25, 2009 No Comment

I sold my townhome in CT in Oct 2006 and have not owned any main home after that. I am going to buy/close another home in PA within the next 2-3 weeks. Please help me figure out when I should close my new home in order to qualify for the 00 rebate. Here are three [...]

Written By: admin on October 13, 2009 One Comment

I have a vacant land with 1st mortgage loan of 0k with BB&T.I applied construction loan through same lender BB&T. At the settlement table I realized that I applied construction – permanent loan instead construction loan (0k). I questioned loan officer and he told me that was the right and only way to make a [...]

Written By: admin on October 11, 2009 One Comment

This is a follow up to my last question about renting to a HUD section 8 tenant. They finished up trashing the rental house and their deposit isn’t enough to cover for the hurts. I know that I can sue for the rest and I also know that I’ll probably never get anything [...]

Written By: admin on October 5, 2009 No Comment

I bought a new house last year, and get property tax credit from builder in Hud-1 statement line 210 and 211 for Year 2007, what do I do with those?
I mean, I did not pay my county and city 2007 property tax until this Feb. According to my CPA, I can not deduct them [...]

Written By: admin on October 3, 2009 One Comment

When my husband bought his house he was married to his ex. They were having some distress and she refused to be on the mortgage at all. My husband took out the mortgage and his father is the cosigner. Then, she was added to the deed (She didn’t want to have the [...]

Written By: admin on September 29, 2009 One Comment

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Written By: admin on September 27, 2009 One Comment

President Bush’s Accomplishments
Spotted at Rightnation.us and GOPUSA.com reprinted here for your pleasure. I encourage people who support Bush to learn how effective our President has been, and liberals ought to browse this too. Just remember, the liberal media can’t cover up the truth of his accomplishments. The Bush Administration 2001-2004
Abortion & Traditional Values
1. Banned Partial [...]

Written By: admin on September 25, 2009 One Comment

President Bush’s Accomplishments
Abortion & Traditional Values
1. Banned Partial Birth Abortion — by far the most significant roll-back of abortion on demand since Roe v. Wade. 2. Reversed Clinton’s go to strike Reagan’s anti-abortion Mexico Policy. 3. By Executive Order (EO), reversed Clinton’s policy of not requiring parental consent for abortions under the Medical Privacy Act. [...]

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