Life Insurance Settlement for Quick Cash?


In these economic times, everyone is looking for ways to get cash. If you have a life insurance policy you may have considered a life settlement. According to…

What is a 1031 Exchange?


Not all real estate exchanges are a 1031 exchange.

For example, if a seller is having a difficult time attracting a buyer, that seller might offer to exchange the home for…

What Mortgage Rates Will Do Over The Next 30 Days (March 26, 2009 Edition)


I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week’s survey is now available. The Bankrate.com survey is for conforming mortgages. It does not apply to FHA mortgages, VA mortgages, jumbo mortgages, or foreign national mortgages. For rate quotes, email me directly. The group’s 30-day…

FHA Ends 95 Percent Cash-Out Refinances March 31, 2009


This isn’t a new story, but more of a reminder. The FHA is discontinuing its 95% cash-out refinance program effective April 1, 2009. For all case assigmements made on or after April 1, 2009, cash-out refinances are limited to 85%. "Case assignment" is FHA-speak for "registered loans". It’s a move…