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urgent notice to FHA buyers for increased MI

To bolster up FHA’s reserves for capital & reduce risk, it was announced monthly MI will be increased as of april 1/2013. The amount will vary based on loan amount & loan to value.  additionally, the MI will stay for the life of the loan vs. going away after there is 22% equity in the […]

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Is REO coming again?

Today I signed up for a webinar to get registered as a possible Fanniemae Listing Broker.  Since the new CEO for Fanniemae took office, there are changes in the wind that affects the market.  All Fanniemae asset management companies are being let go & Fanniemae is reviewing their pool of Listing brokers to see what […]

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A Hawaiian Ranch for $375,000

A dear friend just came by to say hi & tell me how she enjoyed our annual bash to show our appreciation for our clients. As we talked, she mentioned her daughter’s macadamia nut ranch in Hawaii had been foreclosed & 21 acres for $375,000. Wow, then, my old dream came in my mind again about […]

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Life of a real state Broker

I am so excited that I am almost finished with my profile. Now that school has settled into its routines, market is heating up again. My new listing in Rowland Heights after 3 days has received 2 offers. One new listing at 3726 Maxson Rd, #A, El Monte just got listed. A beautiful end unit […]

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