If Your Mortgage Lender Goes Insolvent, Don’t Panic…
The topsy-turvy condition of the financial market, compels a number of debtors to worry about their future and wonder what will exactly happen to them if the mortgage lenders goes bankrupt? Will your loan terms drastically change? Or you have to renegotiate the loan with a new lender? To most of the consumers the secondary [...]
Commercial Real Estate Killing Regional Banks
According to a recent article on CNN money, the number of delinquent commercial loans has risen from 8.02% in April 2010 to 9.65% in April 2011. On a percentage scale, that is a 20.3% increase in delinquencies. So when you are a small bank and a large amount of your revenue is generated from these [...]
Short Sales & Foreign Sellers
Short sales are definitely a hot topic in this terrible real estate market, but what happens when the owner is a foreigner? I hadn’t thought about this before, so when I ran across an article on ActiveRain, I thought you would be interested as well. The basic premise is that the feds want to ensure [...]
Banks Giving Incentives for Short Sales?
With the real estate market currently in the tank (as compared to several years ago), banks are scrabbling to find ways to preserve as much of the profits out of their mortgage holdings as possible. And the average home owner is seeing declining values, as well as potentially losing their job or having to take [...]
VA Loans Overview
One of the benefits that the US government has provided to those that are veterans of the armed forces, or spouses, is the ability to take advantage of the Veterans Affairs home loan program. This program enables a veteran to get a loan at (typically) a discount rate for primary residences. And the major advantage [...]
3 Simple Financial Steps to a New Home
If you ever want to get out of renting a house or apartment the rest of your life, you are going to need to set some goals in order to be able to buy a home. And there are several factors that you need to consider first, and then make out your financial plan. First, [...]
8 Tell Tale Signs of Loan Modification Fraud
Getting into trouble on your mortgage does happen a lot these days, but trying to be responsible and find a solution that you can afford, and that doesn’t totally bust the bank’s profit margin on the loan is really an acceptable solution to a tough problem. I applaud those that face these tough circumstances, yet [...]



Hi, I'm Jeffry Evans, and if you're a real estate agent, investor, broker, or even just a newbie to real estate...