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Weekly Update 4-8-2012

posted Apr 8, 2012, 6:26 AM by Bob Luna
HAPPY EASTER
Collection accts and FHA !!
Please keep in mind that collection accts totaling more than $1000 per borrower must now be paid in full before you can close an fha loan. This includes medical collects and any accts even beyond the borrowers control. If payment arrangements have been made, then there must be a 3 month history on that. This is regardless of credit history, score or AUS findings.
This will affect more people than you think. It just keeps getting tighter.
People's Mortgage
John Arnold
Branch Manager
825 Delaware suite 100
Longmont, Co 80501
303-772-4400 office
303-885-4557 cell
303-224-3404 Fax
NMLS# 777142

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Here is this week's foreclosure list. This is a list of all homeowners who have had a Notice of Election and Demand filed on their home in the last week. These properties are in the initial stage of foreclosure.
Click here for the Foreclosure list in Excel
Click here for the Foreclosure list in PDF
Other Foreclosure Resources:


March 2012 Longmont Area Stats
Click here of the .pdf version of March 2012 Longmont Stats
Click here for the Word .doc of March 2012 Longmont Stats
Click here for the .jpg image of March 2012 Longmont Stats
Residential Highlights
  • 39.3% Increase in closed March sales year over year.
  • 26.4% Increase in closed sales year-to-date vs 2011
  • 15.8% Decrease in active listings (390)
  • 15.9% Increase in closed sales year-todate vs 2011 for Firestone, Frederick and Dacono
  • ALL local areas are have higher Average and Median Sales Prices vs 2011
From: Land Title, Kyle Snyder
I have posted the weekly update on WWW.MBRealtyAlliance.com and www.HomeBrokerNetwork.com
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End of Blog
Lafayette Group:
Regular Meeting this Wednesday.
Please Sign up for floor time so we can stay open the following times M-F 9-5 and weekends 10-2.
METRO BROKERS MISSION STATEMENT
"Providing the Framework, Structure, Brand and Freedom for Real Estate Brokers to Work Professionally,
Efficiently and Profitably."
REALTY ALLIANCE, LLC. MISSION STATEMENT
" PROVIDING TOOLS, SERVICES AND COMMUNICATIONS FOR YOUR SUCCESS"
Location, Location, Connection
"getting the job Done!"

Thank you
Bob Luna, GRI
MB Realty Alliance
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