Oscar saves his home!

As many of you know I conduct workshops and bootcamps on regular basis here in the Inland Empire, and throughout the country. Normally, at my my workshops, I give all my clients free 20 minute consultation. Couple days, ago, I get a phone call from someone name Oscar (to protect his identity, I just give…

Don't Touch That Dial!

“DON’T TOUCH THAT DIAL.”That familiar broadcasting statement certainly applied to the markets last week, as the volatility continued and the markets changed direction quickly. Take a look at the chart below, which shows how home loan rates have climbed dramatically over the last several weeks. In fact, home loan rates are at their highest levels…

FHA Allowance of Tax Credit

This update from Mortgagee Letter 2009-15 establishes guidelines for use of the first-time home buyer tax credit as settlement funds.Here are the 10 things you need to know about these guides: 1.The IRS tax credit refund can be made only to the taxpayer and not a third party.2. Government agencies may offer tax credit advances…