SellingNorthernNV

Quality Real Estate News and Market Data

The new Wall Street Reform Law – Restricting borrowers

Josh Talayka | March 21, 2011

Last year lawmakers presented a bill that would require lenders to retain cash reserves equal to 5% of the value of all the mortgage loans they originate. By having 5% of their own money at stake, the idea of the bill was that lender’s would be less likely to loan to borrowers who were a high risk of default.

Buying Commercial Foreclosures Part 3 – alternative markets

Josh Talayka | March 18, 2011

If you’ve been following this series of posts, you have probably noticed that a lot of my writing on this topic is focused on getting ahead of the competition. In this post the focus will be on getting away from the competition all together. By taking purchasing directly from the banks and bulk REO purchases, you can take advantage of markets that most buyers aren’t even aware of. If you would like learn how to maximize your investment dollar, then I highly recommend you read my complete post on this topic by following the link below.

Lowest Default Rates in Decades

Josh Talayka | March 16, 2011

According to Fannie Mae and Freddie Mac; mortgage loans that were originated in 2009 are some of the most secure and best performing loans that we’ve seen over the last several decades.