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Changes:
I've joined Golf Savings Bank
Recently, I had an opportunity to join forces with a very strong regional Mortgage Bank. While I will miss working with all of the fine people at American Nationwide Mortgage Company, I felt that the strengths of moving outweighed the strengths of staying put.
Over the next few months you will be learning more about some of the exciting loan products that I can use to help you solve your real estate financing needs. A few: One-Time-Close Construction loans, Lot Loans, FHA 203k Rehab Loans, Fannie Mae HomePath loans.
One of the things that excites me the most is the ability to easily run automated decisions from my desk top for Conforming, FHA and USDA loans. This will allow me to better serve my clients and those of my refferal partners.
USDA Guaranteed Home Loan Funds Set to Exhaust:
We just heard from the USDA that funds from their Guaranteed Rural Home Loan could be exhausted as early as the end of April.
This is significantly earlier than usual. Because USDA is uncertain about the time frame for receiving additional funds, they will not be issuing Conditional Commitments that are subject to receipt of appropriated funds. If your USDA loan does not receive a valid Conditional Commitment, the loan cannot close. Because available funding is dependent upon the number of submissions, there is no set timeline for remaining eligibility.
This said, if you are looking at purchasing a home with a USDA loan, or refinancing an existing USDA loan, you had better jump on it now!! While the funding will be restored, it usually is based on the budgets set later in the year. It will be interesting to see if Congress and President Obama sees this program as signifricant enough to add additional funds to.
The Real Estate Market Minute:
Warren Buffet Sees Housing Market Bouncing Back by 2011
Billionaire Warren Buffet said the U.S. will recover from the residential real estate slump by 2011 as demand for houses catches up with the supply that accumulated during the bubble.
Click Here to Read the Full Article by USAToday.com
If you're considering a Home Purchase then now is the time to take action! Check out the "Resource Center" in the left-hand column of this newsletter for an interactive online tool that can help answer just about any mortgage or real estate related question.
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Brian Tracy Inspirational Article of the Month:
Making Strong Connections
Brian Tracy is a world-renowned personal and professional development coach that has helped millions of people achieve their goals and develop a positive mindset. Brian will be contributing to our newsletter every month by providing us with an article to help inspire you, our clients, to reach higher and achieve more than ever before.
Click Here to Read this Article by Brian Tracy
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Interesting Articles of the Month:
The 10 All-Time Greatest FREE Downloads and Services
In our 15 years of choosing the best free stuff, we’ve spotlighted the superstars: Adobe Reader, Craigslist, Flickr, Gmail, Google, Mozilla Firefox, and Wikipedia. Here are ten other classics you might not use, but should!
Click Here to Read the Article by PCWorld.com
Man Caught Robbing Same Bank Twice in 24 Hours
BERLIN – A German robber held up the same bank in Hamburg twice within 24 hours just a week after being released from jail -- for the same crime.
Click Here to Read the Full Article by Reuters.com
Italian Billionaire Goes from Jet-Set to Jail!
Telecoms billionaire Silvio Scaglia spent the night in Italian police custody after flying in by private jet from the Caribbean to face charges in a money-laundering probe.
Click Here to Read the Full Article by Reuters.com
Tanks. Tanks a Lot.
About 100 modern Russian tanks have been discovered abandoned on the side of a road in the country's Ural Mountains, footage published Saturday by websites showed.
Click Here to Read the Full Article by Reuters.com
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YouTube.com Video of the Month:
Mike Parsons Surfs 64-Foot Wave off the Coast of Hawaii
Mike Parsons is one of the most amazing athletes on the planet. He is a big wave surfer and one of the best at his profession. He was made famous by this video which shows him riding a 64 foot wave off the beaches of Jaws, Hawaii. The footage was filmed from a helicopter and is 100% real. Enjoy the following video and be sure to forward to family, friends, and co-workers!
Click Here to Watch the Video Clip by YouTube.com
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Delicious Recipe of the Month:
Fresh Zucchini Flower Quesadillas
The flowers are beginning to bloom and welcome the Spring Season! Zucchini’s will grow in abundance this season; they produce a golden edible flower that can be used in a number of dishes. This healthy spin on a traditional Mexican dish is sure to create quite a buzz. Be sure to share this wonderful recipe with family, friends, and co-workers!
Click Here for the Full Recipe by CookingWithMelody.com
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Funny Dumb Criminal Story of the Month:
One Way NOT to Open a Safe After a Burglary!
Police said two would-be robbers were arrested early Sunday morning in the parking lot of a Swiss Chalet restaurant in Ajax, Ontario after spending more than half-an-hour trying to open a safe they had stolen from the restaurant by driving back and forth over it with a car.
Click Here for the Full Story by CriminalLawLawyer.net
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