In some states refinancing with the IRRRL – Interest Rate Reduction Refinancing Loan – loan program is not much of an option – states like Arizona, California, Nevada, Florida, and Texas. These states have seen an incredible and sustained decline in property values such that it is very hard to take advantage of this very [...]
About Justin McHood
I am America's Mortgage Commentator and spend most of my time as it relates to the mortgage business working with people at
Academy Mortgage in Arizona.
Location
15333 N Pima RD, Suite 205,
Scottsdale, AZ 85260
Posts
7 Reasons To Refinance Your VA Loan With A Streamline Refinance
by Justin McHood on August 19, 2011
Congratulations to you if you are a Vet and you took advantage of your VA benefit to get a VA loan to buy your house. Also, thanks for your military service for our great country. Your VA loan brings with it some excellent benefits like no down payment and no monthly mortgage insurance. But now [...]
The Process of Buying A HUD Home
by Justin McHood on July 11, 2011
HUD homes are homes that are owned by HUD (because of a foreclosure on a FHA mortgage). HUD isn’t in the business of home ownership. They are in the business of making US citizens have affordable housing. However, given that they oversee FHA (in a sort) mortgages, if there is a FHA foreclosure – HUD [...]
Loan Modifications: Are They Real?
by Justin McHood on June 30, 2011
I was discussing the current state of the mortgage and real estate market last week with someone when the topic of loan modification came up. The person asked: Are loan modifications real? And I couldn’t help but chuckle. My reply: “Of course they are real. Wait. I think they are real. Ok, I admit it [...]
Make Your Real Estate Business Stand Out
by Justin McHood on May 23, 2011
Heavy competition in your area for your real estate business – losing market share because of the young bucks out there using the Internet. Here are a few ideas that might help with your real estate business to jump start a new angle.
Academy Mortgage Scottsdale Arizona Office
by Justin McHood on May 19, 2011
The Academy Mortgage Scottsdale Arizona branch provides FHA, VA, Jumbo, Conventional, USDA and HomePath mortgage financing. Contact: (480) 767-7886
VA Loan Limitations
by Justin McHood on May 12, 2011
Information on when you would not want to buy a home using VA mortgage financing.
Considering Building a Home? Consider These Things First
by Justin McHood on May 12, 2011
Buying a home and building a home have pros and cons that should be considered to help you decide which is the best option for you. Review my take on these pros and cons.
What is Chapter 13 Bankruptcy?
by Justin McHood on May 9, 2011
Information about a Chapter 13 bankruptcy.
Foreclosure Scams Duping Citizens Out of Hope and Money
by Justin McHood on April 21, 2011
It is a homeowner beware world right now with foreclosure scams, short sale scams etc. If you are in a distressed situation, be careful who you give your money and legal documents to. Check around, talk to your BBB and Attorneys General.
How To Cash in on Foreclosure Properties
by Justin McHood on April 12, 2011
Learn some simple steps to take when buying a foreclosure home. There are many approaches to buying a foreclosed home – here is one time tested approach.
The 4 Don’ts of Buying A Home
by Justin McHood on April 12, 2011
Homebuying mistakes can cost you your financial future so make sure you learn what not to do when you buy a home. Learn four tips that are designed to better equip you in your home buying decision.
What Kind of Home Will You Live In? Let’s Plan
by Justin McHood on March 29, 2011
Summary of the most popular house plans to give a basic understanding of the home styles you can choose from as you either look to purchase a new home, an existing home, or to build one. All houses have the basic same amenities but there are many ways to style and lay them out.
FHA 203k Loans in Arizona
by Justin McHood on March 19, 2011
The FHA 203k loan is popular with people who are wanting to buy a home in Arizona that is in need of a few repairs. Many bank owned homes and short sales are financed with the FHA 203k loan.
Problem Areas For Getting A Mortgage in 2011
by Justin McHood on March 18, 2011
Mortgage applicants in 2011 need to be concerned about three main areas when it comes to getting a mortgage: home values, income sources, and documenting income. Mortgage loan underwriters look closely at these items when approving a loan.
The Lones Group Sues Rothamel: Now What?
by Justin McHood on February 26, 2011
The Lones Group Sues Daniel Rothamel about Zebras. Now what?
The Importance of Maintaining Your RE Business’ Online Reputation
by Justin McHood on February 22, 2011
Real estate agents should learn the benefits of online reputation management. Reputation management could mean the difference between getting a new client or not.
Arizona Jumbo Loans: Still Available?
by Justin McHood on February 8, 2011
Questions and answers about jumbo loans. Jumbo loan limits, jumbo loan rates, jumbo loans in Arizona and jumbo loans in California discussed.
Curt Baumgarth: Scottsdale Real Estate Expert
by Justin McHood on February 3, 2011
Curt Baumgarth is a Realtor in Scottsdale, Arizona. Curt Baumgarth specializes in helping both buyers and sellers get the best possible deal when it comes to real estate.
Hayes Barnard: Paramount Equity Mortgage
by Justin McHood on January 21, 2011
Hayes Barnard of Paramount Equity helps consumers save money on mortgage, insurance and green energy initiatives. Hayes Barnard is the CEO of Paramount Equity.
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Larry: It should almost be a necessity to have a swimming...
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New Media 4 Agents: I think we are past the stage of wondering if it w...
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Jim Wagoner: Good information we all should try to live by....
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Mike Pannell: Tony, i tried to sign my Wife up on your property ...
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Andrew Howell: We closed in Feb. 2011 on our home. Can we still q...
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$10000 California First Time Home Buyer and New Home Tax Credit Extended
March 23, 2010
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Unite Against the Sarasota MLS Board
October 18, 2008
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Short Sale Heaven Coming April 5th 2010
December 9, 2009
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The Lones Group – Real Estate Social Media Marketing Firm – Sues Agent For Being A Zebra
February 26, 2011
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California Senate Bill 94 (SB94): Passes; Not even Attorneys can do it!
October 13, 2009
- Mission Viejo Short Sale Condominiums report. February 3, 2012
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Why Condos Make Sense Now
February 3, 2012
- Irvine Homes and Condos report. February 2, 2012
- Homes for sale in Tempe AZ – Tempe Real Estate February 2, 2012
- Albuquerque Real Estate Report for January 2011 (Sneak Preview) February 1, 2012
