Jay VoorheesInventory “Surge” In Perspective; FHA’s Easy & Rates Are Low; Agents Work 85 Hours Per Transaction…Today’s blog is a random assortment of topics.May 10May 10
Jay Voorhees10 Reasons Why The Economy Will CrashThere is no way we’re going to avoid a bad recession; things are worse than we’re being led to believe; and this time is not differentMay 9May 9
Jay VoorheesSeller-Paid “Temporary Buydowns” vs. Seller-Paid Closing Costs; Limits? What About Commissions?A seasoned agent asked me these excellent questions today:May 8May 8
Jay VoorheesSorry, Jared — The Government Does NOT Print Money!The government does NOT print money.May 6May 6
Jay VoorheesNon-Warrantable Condo Financing; Rules For CondosRates fell sharply today in response to a very surprising WORSE than expected jobs report. More on that at the bottom of the blog.May 3May 3
Jay Voorhees11 Trillion Reasons Why Rates Will RISEFed Chair Powell spoke yesterday, and rates fell in response. A) Mr. Powell said they have no intention of raising rates; and B) He said…May 2May 2
Jay VoorheesToo Much Caution Over Credit Inquiries; Soft Pulls to the Rescue; ARM Data TooA hard credit pull or inquiry is when a lender checks a borrower’s credit in response to an application for additional credit.May 1May 1
Jay VoorheesSellers Can Pay For Lump Sum PMI; PMI Explained For Your BuyersOn Friday, I blogged about using Lump Sum or Single Payment PMI to Make Transactions With Low Appraisals Work.Apr 29Apr 29
Jay VoorheesLow Appraisal? Use Financed Lump Sum PMI To Save Deal!Single payment or lump sum PMI is not only extremely cheap — but it can also be financed or added on to the mortgage!Apr 26Apr 26
Jay VoorheesWaiving Appraisal Contingencies; Property Tax Appeals; Uh Oh — STAGFLATION!And — that is precisely what we are seeing across the 9 states in which we do business. Some markets are still seeing bidding wars no…Apr 25Apr 25
