Buying After A Short Sale

By Giuseppe Battaglioli |

With the economy and housing market doing what it did since 2008, I am speaking to more and more clients that had a short sale in their past.  Here are some guidelines to help during the next pre-approval.  HUD has just announced some radical new changes if the short sale was a direct cause of…

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Quick Update On The Effects Of The Recent Floods

By Giuseppe Battaglioli |

Just a quick update for mortgage transactions in areas affected by the floods. FEMA has added Boulder, Adams, Larimer, Weld and parts of El Paso county, to a disaster area classification. Banks are requiring a final appraiser’s inspection for homes in these areas, to make sure the home is still in good shape. We just…

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Buyers: Why Work With A Local Lender…

By Giuseppe Battaglioli |

Over the years I have come to understand how important the wording on a lender pre-approval letter is. With feedback from trusted Realtors, we have included in ours that we underwrite, draw documents, and fund all in house, and that our Certified Pre-Approval means that we have 100% of the documents, and they have been…

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New Changes Coming For Conventional Loans

By Giuseppe Battaglioli |

This has been a very busy week for lenders, as we keep up with a lot of changes coming down from Fannie Mae.  Some changes are big, and some are somewhat irrelevant, so I will try and go through some of the most important ones here. Conventional loan changes go into effect November 16th, with…

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