“What is Fannie Mae?”
***ANSWER:
Fannie Mae or FNMA, stands for the Federal National Mortgage Association.
It’s a privately held corporation created by Congress to support the secondary mortgage market. It’s a major market for buying and selling home loans and they have certain critical guidelines.
If a loan doesn’t meet FNMA guidelines, it’s harder to [...]
“What is Fannie Mae?”
***ANSWER:
Fannie Mae or FNMA, stands for the Federal National Mortgage Association.
It’s a privately held corporation created by Congress to support the secondary mortgage market. It’s a major market for buying and selling home loans and they have certain critical guidelines.
If a loan doesn’t meet FNMA guidelines, it’s harder to [...]
Hi Gary. Love your newsletter. I want to know, when you’re looking for a home and find one you really like, how long do you think it’s OK to think about it before making an offer.
***ANSWER:
He who hesitates is lost. Even in today’s market, if a home is attractive &/or attractively priced, [...]
“Hi Gary. My wife and I want to sell our rental condo in Mission Valley and buy a triplex or fourplex in North Park. I know I can avoid taxes by doing a 1031 exchange, but I don’t know how they work. Can you enlighten me? ”
***ANSWER:
I’ll be happy to…
There are 3 [...]
“We interviewed two agents to sell our home in Alpine. We mentioned to the first one that we’re also talking to a certain well-known agent who has sold signs all over our area. That first agent said she could give me better service and do a better job than the other agent because [...]
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