How do these big picture changes impact your business or investments?
How the Modern Consumer is Different
MORTGAGE TRANSACTION CHECKLIST
THE PAPER SOURCE MORTGAGE TRANSACTION CHECKLIST ___ Completed Mortgage Worksheet ___ Signed Purchase Contract ___ Signed Seller’s Representations and Warranties (to be signed by note seller at closing) ___ Copy of Note ___ Copy of Mortgage, Deed of Trust or Contract/Agreement for Deed (If purchasing a junior lien: ___ Copy of senior Note and Security …
Real Estate Note Worksheet
REAL ESTATE NOTE WORKSHEET DATE__________________ PROPERTY ADDRESS _______________________________________________ CITY ________________________________________________ STATE _______ COUNTY _______________________________________ ZIP _______________ NOTE HOLDER’S NAME _____________________________________________ ADDRESS_________________________________________________________ CITY, STATE, ZIP___________________________________________________ PHONE(______)________________ EMAIL_____________________________ What kind of property secures the note (i.e., single family house, duplex, commercial, etc.)? Is this note (circle): Performing Non-performing Reperforming If non-performing, what is the status …
Millennials Have An Average Net Worth of $8,000. That’s far less than previous generations.
Millennials are doing far worse financially than generations before them, with student loans, rising rents and higher health care costs pushing the average net worth below $8,000, a new study shows. The findings, researchers say, “debunk many conventional wisdoms about the new-age consumer.” Millennials, they contend, are putting off home-buying and marriage not because they …
REITs Take Big Step Into Housing Market
From the May 29, 2019 New York Times, page B-1, contributed by DeWitt Ingram:
Landlords Charging More for Single-Family Rentals
* Rents for lower-priced homes increased faster than those of higher-price homes. * Phoenix had the largest annual rent increase of the 20 analyzed metro areas in March. * Houston and Miami had the largest deceleration in rent growth in March. U.S. single-family rents increased 2.9% year over year in March 2019, up from a …
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885 Million Mortgage Docs Exposed in Data Breach
About 885 million mortgage documents dating back to 2003 have been exposed by a data breach within First American Financial Corp., a title insurance provider. The breach exposed bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images online. Anyone who knew the URL for a …
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The Article Tony Robbins Doesn’t Want You To Read
https://www.buzzfeednews.com/article/janebradley/tony-robbins-self-help-secrets
Intro to Hard Money Loans
by Catherine Way Anyone looking to start making money from real estate investing, from either renting their first property, or even just flipping houses, has seen the phrase ‘hard money loans’ floating around the internet. Even with all the technology, forums and search engines at our disposal learning more about hard money loans, and …
New Tax Laws Favoring Real Estate Likely DOA In Congress
Political divisiveness on Capitol Hill likely will prevent Congress from passing legislation this year addressing important tax initiatives that affect real estate, including the state and local tax (SALT) deduction and an extension of the Mortgage Forgiveness Debt Relief Act, lobbyists for the National Association of REALTORS® said Wednesday. 1. Clarification is needed on opportunity …
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