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Investor alert
February 11th, 2009 11:18 AM
Fannie Mae is allowing up to ten loans per investors now. That is a heck of lot more than 4 in the previous announcement. The loan programs they had been offering or shall we say strangling where getting a little out of hand to say the least. Someone who wants to capitalize on this down market could only buy or have 4 loans in their names.
In light of all that as I see it we as investors will be able to move more properties because it is going to increase the buyers ability to purchase more great deals because we are getting properties negotiated to wholesale in the market place.

Go Here to see what has taken place

Posted by Alan Martin on February 11th, 2009 11:18 AMPost a Comment (0)

Loan Modification and Short Sale Scams
February 8th, 2009 1:28 PM

It is easy to determine if a Loan Modification company or so called Short Sale company is ok to deal with.  IF they ask you for money up front then , quite simply, it is a Scam.  We , here in Florida, have a law against collection monies up front for services of this nature.  So, if anyone offers to negotiate a loan modification or Short Sale and they ask for money up front then let me know and I will help you report then to the appropriate authority.  We will NEVER ask you for money up front.  We are paid by your lender to help you.  So using Frontline Florida Realty for your Short Sale has no risk of up front payment being asked for.  Use us with confidence.  Bye for now

 

Alan


Posted by Alan Martin on February 8th, 2009 1:28 PMPost a Comment (0)

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