Maximize your tax savings with these 3 options for selling your investment property
in this article Every investor at some point asks: “Should I sell my investment property?” Whether preparing for retirement or considering cashing in on a hot seller’s market before it cools, you may want to look at all of your options. There are some important things to consider when selling an investment property and some […]
Wells Fargo cuts 140 jobs as reporter exits Channel
Wells Fargo Correspondent cut more than a hundred jobs in its mortgage division this week following its decision to exit the channel and reduce its servicing portfolio. An Employee Adjustment and Retraining Notification (WARN) filed Jan. 18 in Illinois outlines the bank’s plan to implement layoffs that will affect 140 employees. Workforce reductions began Tuesday […]
This Week’s $125 OddsPlus! The gift card winner is Renee Agnataz!
Renee recently ordered the following marketing materials, the content cards shown above. To see more designs, Click here. Congratulations on winning this week’s contest, Renee Agnatz! Renee had the following words to say about her success in sending marketing from ProspectsPlus!, “I started using ProspectsPlus! in October to send postcards to my area of influence. […]
What They Are and How to Get the Best Terms
in this article This article is brought to you by Easy Street Capital. Read our Editorial Guidelines for more information. In recent years, a brand new loan product: Debt Service Coverage Ratio (DSCR) loans, has become extremely popular among real estate investors. DSCR loans have become an important tool for investors to achieve their dreams […]
10 Pros and Cons of Living in Oklahoma
Oklahoma, also known as the Sooner State, offers a unique mix of small town charm and a diverse experience for its residents. It is known for its rich Native American history and culture with 38 tribal nations and various historical sites and museums. Oklahoma boasts a wealth of natural beauty and scenic landscapes, and while […]
What do experts expect from the real estate market this quarter?
Some refer to the current housing market as “recovering”, while others call it “in transition”. The truth is, none of us know for sure what’s coming. We know that today’s real estate market is not what we are used to. If you’re the adventurous type, this is an exciting time. To help you weather the […]
Fed gives expected 25 bps rate hike. What will happen next?
As per expectation, federal Reserve It slowed rate hikes in 2023 amid cool inflation data that raised hopes of a recovery in the housing market this year. Federal Open Market Committee (FOMC) on Wednesday afternoon decided to raise the federal funds rate by 25 basis points to a range of 4.50%-4.75%. The decision follows four […]
How to Create a Real Estate Brokerage Budget in 6 Steps
In my 27 year real estate career, I have opened or coached over 20 startup real estate brokerages. During that time, I learned an important lesson: Creating a successful budget for a new real estate brokerage takes a lot more work than most new brokers. There are several elements you should consider when creating your […]
What is a no closing cost mortgage and how to get one
No closing cost mortgages are mortgages where the home buyer does not pay any of his fixed closing costs. Instead, the mortgage lender pays the closing costs on behalf of the buyer. No closing cost mortgages are sometimes called “zero-closing cost mortgages” or “no fee mortgages”—all of which are misnomers because there is no such […]
UWM rolls out construction-to-permanent loan
Michigan based lender composite wholesale mortgage (UWM) has introduced a build-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. Starting February 1, UWM’s one-time close construction loans will be available on 15- and 30-year fixed conventional loans and 7- and 10-year adjustable-rate mortgages […]
