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Tag Archives: financing

Flashback Friday… Get Out of Your Mortgage for FREE?

Caution, On the Grid, on the Net:  Free Tibet!
Image by cobalt123 via Flickr

Don’t expect it to actually happen…  I wrote about this phenomena a year ago, and there are still lots of practitioners claiming it can be done.  They all say that they have done it, but I have been able to find no verified cases where the mortgage was set aside by one of these operations…  Delayed, perhaps… but not set aside.

The bottom line is that it could happen… could.  BUT, it is WAY more likely that you will spend thousands of dollars on legal fees, and be strung along for months and months… or even years, and then end up in worse straights than when you started.

The line sounds great, and to  a non-legally trained mind like mine, it seems logical.  But, my industry friends tell me that it just isn’t realistic in the real world.

Take a read…

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Flashback Friday… Tax Credit Mix

The First Time Home Buyer & Move-Up Buyer Tax Credits are slated to end unless a property is under contract two weeks from tomorrow.  I don’t see another extension this time.  Even the NAR isn’t pushing for it this time. (Active Military have an extra year to get the credit…)

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Flashback Friday… GA Dream

Do you have  a dream? If that dream is owning your own home, GA Dream might be for you.  This post talks a little more about it, and one of my ‘GoTo’ mortgage guys handles these.

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Flashback Friday… Cramming.

Cramming, not just for exams anymore.

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Mortgage and Housing Volatility… Over?

Over on one of my other blogs, I re-blogged a post from Jeff Corbett.  He is VERY involved in the mortgage and housing industry and loves diving into the ugly underbelly of the industry. 

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