The latest government reading on the housing market reported that February rebounded off the 9 year lows but the home builders are still pulling back on their plans for future building.
The housing starts were still 28% below the February numbers of 2006 which is a clear indicator that this is nothing to celebrate. Most new [...]

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There is a significant difference in the criteria between those intending on living in the home (primary residence), second homes, and investment property.
Underwriters are looking closely at investment properties in several areas. One area to keep in mind is appraised values. It is very common for lenders to require an appraisal review (at your expense) [...]

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Mortgage rates fell again to near year lows as a result of the hits being taken by subprime lenders. The bond markets are very volatile right now and with any luck this could open a significant opportunity for those with cash reserves. There are many buying opportunities such as short sales, foreclosures, etc. Be careful [...]

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With the pullback in loan to value ratios for stated income investors last week there is a need for new strategies for real estate investors. Many of these investors have been taking advantage of purchase opportunities and leveraging as much as they can to make the deal happen.
However, now that lenders have reduced their tolerance [...]

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