Comments for HomesandAgents.com http://www.homesandagents.com All Things Real Estate, Finance and More... Tue, 06 Jan 2009 08:48:10 +0000 http://wordpress.org/?v=2.6.3 Comment on Mortgage Servicing Loss Mitigation Contacts by Homesandagents.com http://www.homesandagents.com/2008/rslater/featured/mortgage-servicing-loss-mitigation-contacts/#comment-86 Homesandagents.com Tue, 25 Nov 2008 16:31:32 +0000 http://www.homesandagents.com/index.php/2008/rslater/real-estate/mortgage-servicing-loss-mitigation-contacts/#comment-86 As requested. Here are the Phone Numbers.. Let me know how they work out. 30+ days late: 800-799-9250 0-30 days late: 800-206-2901 As requested. Here are the Phone Numbers.. Let me know how they work out.

30+ days late:
800-799-9250

0-30 days late:
800-206-2901

]]> Comment on Mortgage Servicing Loss Mitigation Contacts by Natalie Bean http://www.homesandagents.com/2008/rslater/featured/mortgage-servicing-loss-mitigation-contacts/#comment-85 Natalie Bean Mon, 24 Nov 2008 23:24:13 +0000 http://www.homesandagents.com/index.php/2008/rslater/real-estate/mortgage-servicing-loss-mitigation-contacts/#comment-85 I'm looking for the lost Mitigation for GMAC Mortgage, I can only get to the collection department. They will not give me their number. I'm in a big mess with a condo association that is going under in FL. Thanks I’m looking for the lost Mitigation for GMAC Mortgage, I can only get to the collection department. They will not give me their number. I’m in a big mess with a condo association that is going under in FL. Thanks

]]> Comment on Get the Return On Investment from your Website by Steve Fortune http://www.homesandagents.com/2008/nlipetzky/featured/is-website-roi-part-of-your-marketing-budget-and-strategy/#comment-73 Steve Fortune Sat, 20 Sep 2008 21:58:21 +0000 http://www.homesandagents.com/index.php/2008/nlipetzky/featured/is-website-roi-part-of-your-marketing-budget-and-strategy/#comment-73 So true!! Great article. Any stuff you can post on Google pagerank. So true!! Great article. Any stuff you can post on Google pagerank.

]]> Comment on New Conforming Loan Limit Calculator by Zip Code. by Tye Gomez http://www.homesandagents.com/2008/rslater/featured/ew-conforming-loan-limit-calculator-by-zip-code/#comment-72 Tye Gomez Wed, 03 Sep 2008 21:36:21 +0000 http://www.homesandagents.com/index.php/2008/rslater/featured/ew-conforming-loan-limit-calculator-by-zip-code/#comment-72 Thanks....that link rocks! Thanks….that link rocks!

]]> Comment on Online Real Estate Auctions by Anthony Ortiz http://www.homesandagents.com/2008/twood/featured/online-real-estate-auctions/#comment-71 Anthony Ortiz Wed, 03 Sep 2008 18:05:03 +0000 http://www.homesandagents.com/?p=84#comment-71 Great site!! Thanks for the online auction info. Great site!! Thanks for the online auction info.

]]> Comment on Mortgage Servicing Loss Mitigation Contacts by Roy Slater http://www.homesandagents.com/2008/rslater/featured/mortgage-servicing-loss-mitigation-contacts/#comment-61 Roy Slater Wed, 20 Aug 2008 12:50:30 +0000 http://www.homesandagents.com/index.php/2008/rslater/real-estate/mortgage-servicing-loss-mitigation-contacts/#comment-61 Ditech.com Pay off demands, It is 800-766-4622. Their hours of operation are Monday- Friday (6 am-10 pm) and Saturday 9 am - 1pm Central Standard Time. They are typically pretty quick too. GMAC is on the list. They should be able to assist as well. Ditech.com is owned by GMAC. Ditech.com Pay off demands, It is 800-766-4622. Their hours of operation are Monday- Friday (6 am-10 pm) and Saturday 9 am - 1pm Central Standard Time. They are typically pretty quick too.

GMAC is on the list. They should be able to assist as well. Ditech.com is owned by GMAC.

]]> Comment on Mortgage Servicing Loss Mitigation Contacts by Anthony McCray http://www.homesandagents.com/2008/rslater/featured/mortgage-servicing-loss-mitigation-contacts/#comment-60 Anthony McCray Tue, 19 Aug 2008 19:40:49 +0000 http://www.homesandagents.com/index.php/2008/rslater/real-estate/mortgage-servicing-loss-mitigation-contacts/#comment-60 I noticed that you don't list the contact information aka phone number for Ditech yet you worked with them in the past; any particular reason as that is who I'm trying to reach to get a demand for pay-off amount for closing my escrow. They keep saying it's 7-10 business days and we want to close within the next 7-10 days as everything is lined up to do that except obtaining ditech's pay-off? Can you help me expedite this? I noticed that you don’t list the contact information aka phone number for Ditech yet you worked with them in the past; any particular reason as that is who I’m trying to reach to get a demand for pay-off amount for closing my escrow. They keep saying it’s 7-10 business days and we want to close within the next 7-10 days as everything is lined up to do that except obtaining ditech’s pay-off?

Can you help me expedite this?

]]> Comment on Get the Return On Investment from your Website by Akami http://www.homesandagents.com/2008/nlipetzky/featured/is-website-roi-part-of-your-marketing-budget-and-strategy/#comment-57 Akami Thu, 31 Jul 2008 20:48:55 +0000 http://www.homesandagents.com/index.php/2008/nlipetzky/featured/is-website-roi-part-of-your-marketing-budget-and-strategy/#comment-57 Very interesting and simply stated. Thanks! Very interesting and simply stated. Thanks!

]]> Comment on Only 1 in 3 Homeowners Increase Their Insurance Coverage After Making Improvements by MATT http://www.homesandagents.com/2008/mtaylor/real-estate/only-1-in-3-homeowners-increase-their-insurance-coverage-after-making-improvements/#comment-53 MATT Tue, 10 Jun 2008 01:45:59 +0000 http://www.homesandagents.com/?p=81#comment-53 Thank you so much for the response. It took my wife and I a little over a year to complete our inventory. Now the CD sits in a safety deposit box; out of sight, like you said. But, one thing we do is place our new big ticket item receipts in the safety deposit box. As long as 90% of your personal property is inventoried, your credit card statement will help in retrieving your newest property. Keep coming back to this site, it is very helpful from all ends of homeownership. Dedicated, Matt Thank you so much for the response. It took my wife and I a little over a year to complete our inventory. Now the CD sits in a safety deposit box; out of sight, like you said. But, one thing we do is place our new big ticket item receipts in the safety deposit box. As long as 90% of your personal property is inventoried, your credit card statement will help in retrieving your newest property. Keep coming back to this site, it is very helpful from all ends of homeownership. Dedicated, Matt

]]> Comment on Only 1 in 3 Homeowners Increase Their Insurance Coverage After Making Improvements by Bobbi Jo Price http://www.homesandagents.com/2008/mtaylor/real-estate/only-1-in-3-homeowners-increase-their-insurance-coverage-after-making-improvements/#comment-52 Bobbi Jo Price Mon, 09 Jun 2008 15:38:52 +0000 http://www.homesandagents.com/?p=81#comment-52 Matt, I just stumbled upon your blog and am so glad I did. You are great for taking the time to provide an information center like this. You mentioned as an option to storing a home inventory and photos to use an online solution. This really is a great tip, because many times if an insured does make an inventory they'll never update it because if it is stored off-site, it is out-of-sight, out-of-mind and not easy to update frequently. Updating an inventory can be as important as creating one sometimes! Bobbi Jo Matt, I just stumbled upon your blog and am so glad I did. You are great for taking the time to provide an information center like this. You mentioned as an option to storing a home inventory and photos to use an online solution. This really is a great tip, because many times if an insured does make an inventory they’ll never update it because if it is stored off-site, it is out-of-sight, out-of-mind and not easy to update frequently. Updating an inventory can be as important as creating one sometimes!

Bobbi Jo

]]> Comment on Real Estate Auctions vs. Traditional Real Estate Sales - Which Is Right For You? | Part 1 by Roy Slater http://www.homesandagents.com/2008/rslater/featured/real-estate-auctions-vs-traditional-real-estate-sales-which-is-right-for-you/#comment-45 Roy Slater Wed, 28 May 2008 02:01:04 +0000 http://www.homesandagents.com/?p=66#comment-45 Thanks for the kind words. I think as people become more hip to the auction method they will find it is a valuable means to sell their home in less time while still hitting fair market value. The auction method is gaining in popularity so we'll just have to see how the market responds. Thanks for the kind words. I think as people become more hip to the auction method they will find it is a valuable means to sell their home in less time while still hitting fair market value. The auction method is gaining in popularity so we’ll just have to see how the market responds.

]]> Comment on Real Estate Auctions vs. Traditional Real Estate Sales - Which Is Right For You? | Part 1 by Tom Wood http://www.homesandagents.com/2008/rslater/featured/real-estate-auctions-vs-traditional-real-estate-sales-which-is-right-for-you/#comment-44 Tom Wood Mon, 26 May 2008 00:40:37 +0000 http://www.homesandagents.com/?p=66#comment-44 Roy, I think you are right on with your comments. What surprises me is that a lot of people still don't see the it. It will come, especially with the ability to now offer online bidding as well. Great post...thanks! Tom Roy,

I think you are right on with your comments. What surprises me is that a lot of people still don’t see the it. It will come, especially with the ability to now offer online bidding as well.

Great post…thanks!

Tom

]]> Comment on New Conforming Loan Limit Increase Has Too Many Strings by Roy Slater http://www.homesandagents.com/2008/rslater/featured/new-conforming-loan-limit-increase-has-too-many-strings/#comment-40 Roy Slater Tue, 01 Apr 2008 23:37:14 +0000 http://www.homesandagents.com/index.php/2008/rslater/featured/new-conforming-loan-limit-increase-has-too-many-strings/#comment-40 Yes.. there are a few lenders that have not yet embraced the new standards or just or not ready to implement them quite yet. In this case, I would definitely look elsewhere for a home loan. There are many lenders that could easily handle this transaction. Based on the scenario you presented, your best option would be taking one loan and having PMI. (PMI is not permanent and second mortgage products are not easy to get through underwriting in this market) At the end of the day. I would much rather have one loan at 6.25% with Mortgage Insurance then 417k first at 5.75 and a 150k second mortgage at 11%+. Lock your interest rate up and take the safe route so you do not lose the house. Based on your credit/income and assuming your are in the 719k zip code, you would be approved easily for that loan. One word of caution, make sure that this purchase is not in a declining market whereas you will need to put an extra 5% down. Yes.. there are a few lenders that have not yet embraced the new standards or just or not ready to implement them quite yet.

In this case, I would definitely look elsewhere for a home loan. There are many lenders that could easily handle this transaction. Based on the scenario you presented, your best option would be taking one loan and having PMI. (PMI is not permanent and second mortgage products are not easy to get through underwriting in this market)

At the end of the day. I would much rather have one loan at 6.25% with Mortgage Insurance then 417k first at 5.75 and a 150k second mortgage at 11%+. Lock your interest rate up and take the safe route so you do not lose the house. Based on your credit/income and assuming your are in the 719k zip code, you would be approved easily for that loan.

One word of caution, make sure that this purchase is not in a declining market whereas you will need to put an extra 5% down.

]]> Comment on New Conforming Loan Limit Increase Has Too Many Strings by Jene http://www.homesandagents.com/2008/rslater/featured/new-conforming-loan-limit-increase-has-too-many-strings/#comment-39 Jene Tue, 01 Apr 2008 19:43:55 +0000 http://www.homesandagents.com/index.php/2008/rslater/featured/new-conforming-loan-limit-increase-has-too-many-strings/#comment-39 $719k purchase 10% Down 10% Second Loan 80% First Loan Wells is pushing away from these new larger conforming standards, and instead wants to do a first at 417k and the balance after down payment on the second. As an update Wells is now saying they will not do the second in house and the Wells banker is going to look around for other banks. Credit score over 800, 200k plus annual income. What are options in your opinion if the second does not get picked up? Back end builder credits of $55k on HOA, Upgrades, Closing costs. Should I look elsewhere? $719k purchase
10% Down
10% Second Loan
80% First Loan

Wells is pushing away from these new larger conforming standards, and instead wants to do a first at 417k and the balance after down payment on the second. As an update Wells is now saying they will not do the second in house and the Wells banker is going to look around for other banks. Credit score over 800, 200k plus annual income.
What are options in your opinion if the second does not get picked up?
Back end builder credits of $55k on HOA, Upgrades, Closing costs. Should I look elsewhere?

]]> Comment on New Conforming Loan Limit Calculator by Zip Code. by realty89117 http://www.homesandagents.com/2008/rslater/featured/ew-conforming-loan-limit-calculator-by-zip-code/#comment-21 realty89117 Sat, 22 Mar 2008 17:19:11 +0000 http://www.homesandagents.com/index.php/2008/rslater/featured/ew-conforming-loan-limit-calculator-by-zip-code/#comment-21 Is that correct? You cannot take cash out on this new loan.. That makes things difficult.. Is that correct? You cannot take cash out on this new loan.. That makes things difficult..

]]>