President Bush announced the new Secretary of HUD yesterday as Mr. Jackson left office. Former SBA Administrator Steve Preston will be the new "general" with MUCH to be done! According to Kansas …
Mortgage Insurance vs Default Insurance
Mortgage Insurance, Default Insurance, Homeowners Insurance, Mortgage Life Insurance... it can be confusing!! Homeowners policies and Mortgage Life Insurance (issued by companies like State Farm) …
Continue Reading about Mortgage Insurance vs Default Insurance →
HUD Secretary Resigns
As has been reported by many - Alphonso Jackson resigned as Secretary of HUD today. The question at hand is not what he did - and if he was a GREAT HUD Secretary (because in my humble opinion he was …
History is Being Made in Mortgage Lending
If you are interested in purchasing a home - you want to know what rates are doing - and what you should watch, right? Well, for the last 20 years I've been telling people it's pretty easy to figure …
Continue Reading about History is Being Made in Mortgage Lending →
I’ve always dreamed of being a millionaire
Jason Sardis's blog reminded me of a favorite story I've told many times (LOVE HIS BLOGS!!) A young recruit sat in front of a seasoned sales manager. "Why do you want to be in Real Estate son?", …
Continue Reading about I’ve always dreamed of being a millionaire →
FHA Raises Loan Limits
FHA just made buying a home in Cary (and the rest of the RTP) easier! Let's face it - not that many people have 10 to 30% to put down on a new home... FHA only requires 3.5% and they allow THAT to …
