August Changes – TRID
Big scary changes coming in August 2015 to the real estate industry - NOT! - What is TRID? Did you hear? TILA RESPA Integrated Disclosure Rule or TRID will be here August 2015. There are some different in's and outs to the rule but the jist of it is that disclosure of figures has to... Read More
Lender Panel Discussion
This event is going to be a ton of fun and great opportunity for real estate agents to bombard lenders with questions. Location Greater Kalamazoo Association of Realtors When: May 21st, 2015 Time: 8:30 - 10:00 Catered made to order omelets @ 8:30 - - Presentation @ 9:00 am Moderator: Jeremy Drobeck, Amerifirst Home Mortgage... Read More
FHA vs 3% down Conventional
Great News! I love saying that because it seems over the last five or six years everything's been, heads up this bad thing is happening. Not this time, there are two changes that are great news for the housing market. Conventional 3% down is back & FHA has reduced there monthly mortgage insurance! Let me... Read More
Rural Development Guideline Changes
So maybe you heard rumblings of something happening at RD. Well there certainly are changes being made. Some positive some not so great. First off lets talk about timing. RD is not out of money, for the last week of November they are not accepting application, but that's not so bad, they anticipate being caught... Read More
GKAR Tax Appeal Meeting
On January 22nd at the Greater Kalamazoo Association of REALTORS® will be hosting a presentation by Alan C. Jeffries from Advanced Property Tax Services. Mr. Jeffries will talk about why you would and/or should appeal your property tax, how to appeal and the process involved. This is sure to be a great event. I've personally used... Read More
Need Your Help Building “The Bar”!
YTD Dollar Amount Of Repairs Completed: $167,481.10 It seems that now days appraiser required repairs are almost the norm. Looking back at the loans my team closed so far in 2014 over 40% had one repair or another required by the appraiser. There is a misnomer out that that conventional financing is some how shielded... Read More
The Lori Moore Show Interview with Mark Jones
Mark Jones President and CoFounder of Amerifirst Home Mortgage does and interview for the Lori Moore Show. Mark talk about the housing market in 2014 and what it will take to see an uptake of first time buyers in there 20's.... Read More
Mortgage Insurance Comparison
I was going over loan options with a home buyer the other day and realized that we spend a lot of time talking about mortgage insurance and when comparing loan programs for people the cost of the PMI really comes into play. When I sat down to make this video I was simply going to... Read More
Rural Development Turn Times
When it comes to getting a mortgage timing is everything. "When are we going to close?" is the question we get asked more often than anything else. The Real Estate Agents, buyers, and sellers all need to know when closing is going to occur. One of the biggest challenges with Rural Development financing is closing... Read More
Homepath Financing Elimination
Fannie Mae has announced the discountinuance of special financing options for properties listed for sale at www.homepath.com. More specifically the homepath financing and homepath renovation financing products for both home buyers and investors. In order to take advantage of these programs with the current enhancements there must be a fully executed purchase contract dated on or... Read More
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March Lunch and Learn: Meet The Underwriters
*** Sorry had to change location again due to the Louis trying to mess with our preset dates and costs (plus the Moose was giving me the stink eye when I was speaking). We moved to the Oshtemo Community Center right around the corner from our office and were able to go back to our normal noon start time. ***