LO One Preference Center monthly communications are scheduled to go out tomorrow, January 26, to both consumers and referral partners. Please review this month's emails below. How to lower my debt-to-income ratio? What credit score is needed for a home loan? How to get rid of PMI? Please review this month's emails below. January Monthly Newsletter NOTE: … [Read more...] about Monthly communications are going out tomorrow!
Blog
Are Home Views Legally Protectable in California?
(From attorney Scott Sounders, Attorney at Law) If You Pay Extra For A View Is It Protectable I receive many phone calls over the course of a year from homeowners who want to sue their neighbors or the City or their HOA because they have “lost their view” due to construction on a neighboring lot. Almost without question the aggrieved feels strongly that they paid for this … [Read more...] about Are Home Views Legally Protectable in California?
Two things of importance.
I trust you are well, as well as your loved ones. This is truly an unprecedented time, but one I believe that is coming to an end soon. Two things of importance. One is that my last e-mail that went out to most of my client base was responded to by many and they are smiling big time as they jumped on the application recommendation and got unprecedented rate locks and are now … [Read more...] about Two things of importance.
Some help in these uncertain times
I trust you are well, as well as your loved ones. This is truly an unprecedented time, but one I believe that is coming to an end soon. I am providing a redacted internal bulletin to our employees at Commerce Home Mortgage that may be of some assistance to you and your clients. Click here to download the document. I would suggest you read it carefully though, since on the … [Read more...] about Some help in these uncertain times
Legal: Are you up to date with your property insurance?
From J. Scott Souders, attorney: If for any reason you wish to review a law update for a case that has previously been cited, law updates for the past year are on my website, Scottsouders.com . Enclosed herewith for your review are brief summaries of new cases. 1. Homeowner’s Insurance Does Not Generally Cover Tenants Who Are Injured on the Property In the case of … [Read more...] about Legal: Are you up to date with your property insurance?
Investor Business – 1031
Hope you are doing well today! Occasionally it is great to send out an article related to real estate that explains one of the tax benefits. In this case it is the investor, who really can be anyone who has a rental property, or is thinking of buying one. The 1031 exchange has been used for years to avoid paying taxes on the sale of real estate. The the article below … [Read more...] about Investor Business – 1031
The Financial Workshop Returns!
THURSDAY, March 7th, 6:30-8:30 PM REGISTER NOW! (free but seating limited to 18) Please use the form at the bottom of this post or email dparsons@commercemtg.com or call 714-801-5810 with name, number attending, phone number and best contact e-mail address. Your Home is the Safest & Fastest Path to Financial Security - Wealth Building - Retirement Solutions The … [Read more...] about The Financial Workshop Returns!
Legal: Is Your View Home Protectable?
From J. Scott Souders, attorney: 1. If You Pay Extra Money For A View Is It Protectable? I have received many phone calls over the years from homeowners who want to sue their neighbors or the City or their HOA because they have “lost their view” due to construction on a neighboring lot or the neighbor’s trees have grown like weeds. … [Read more...] about Legal: Is Your View Home Protectable?
New Laws for 2018
Fannie Mae Guidance on Federal Income Tax Repayment Plans
We’re officially in the midst of tax season (if you haven’t done yours already, consider this your reminder!), which magnifies the amount of borrowers we encounter who owe back taxes to the IRS. Owed taxes that aren’t paid can result in tax liens, which take superior position to mortgage liens – an item of great concern for lenders. While Tax Liens will always need to be … [Read more...] about Fannie Mae Guidance on Federal Income Tax Repayment Plans