Category Archives: Uncategorized

Jay Asks… I am ready to buy a house and I want to be a professional and educated buyer. What should I do to impress the seller?

Love this question! As a seller prepares their home to be placed on the market, they often feel pressure to make sure the transaction goes smoothly and they sell their home.  It is equally important to impress the seller when … Continue reading

Exciting News! . . . ALMC is joining NOVA Home Loans.

I have some exciting news! ALMC is joining NOVA Home Loans on March 1. I’ll still be here, doing business as ALMC with the same All Loans Must Close philosophy that’s motivated me for the past 16 years. What does … Continue reading

Cheryl Answers Asks… The Occupy Movement now has plans to “Occupy Foreclosures,” I’d like to know your thoughts… Are these actions justified?

Let me take this as the chance to fully clarify this question – The Occupy Movement is protesting (in part) big banks and financial institutions for their role in the economic & housing crisis. Earlier this week the folks from … Continue reading

Military Families Rejoice – Tax Credit Extended

Time is running out though on the $8000 tax credit for (qualified) military families wanting to buy their 1st home!  It expires April 30th!! In an effort to spur economic growth and home ownership, President Obama signed the Worker, Home … Continue reading

Buying Another Home – After a Short Sale

Although there is no credit advantage over foreclosure with a short sale, there is an advantage when it comes to buying another home. If your house is foreclosed upon, you must wait a minimum of three to five years before attempting to … Continue reading

What exactly is a Short Sale?

A short sale of a house is when the house is sold for less than what is owed on the mortgage. For this to happen, the lender has to agree to accept less money than what is owed. Not all lenders … Continue reading

Mortgage Mistakes & How to Avoid Them

You can leverage yourself too much and prepare too little. Terms can be misjudged and credit can be over estimated. Whether you have a PHd or you are a laborer, the mortgage process can be daunting and most people don’t understand … Continue reading