arrivva

Justice Department and Class Action Suits v NAR

In November 2021, the United States Justice Department announced that it was pursuing legal action against the National Association of Realtors (NAR) for violating consumer protection laws and the Taft-Hartley Act. The NAR is the largest trade association for real estate agents in the United States, with over 1.4 million members. The Justice Department’s complaint …

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2023 Conforming Mortgage Loan Limits

The maximum mortgage amount that Fannie Mae, FHA, and Freddie Mac will buy in 2023 is $726,200 nationwide and the high-value locations like San Francisco went to $1,089,300. This is for single-family homes. 2, 3 and 4 units are even higher. To find out the maximum in your area, go to https://conforminglimits.com

Fannie Mae 2022 rules for Student Loan payments are calculated in your debt to income ratio

Fannie Mae: Lender must include a monthly payment in the borrower’s recurring monthly debt obligation, using one of the options below to determine this amount: If you have student loans and you want to buy a house, you’re going to need to know what the lender will see on your credit report. The first thing you …

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interest rates and home prices

Interest rates and home prices Interest rates and home prices. What the media is not telling and why you should chill! arrivva is the leader in flat fee real estate transactions. https://youtu.be/uarLd7Cx0zo via @YouTube

market update for buyers

If you pay attention to the media and real estate, they will tell you about slowdowns because of interest rates going up and other stuff. Not in California. It’s getting worse. The supply is not changing. But the supply of buyers is still going up. Even if you think prices are high, there are plenty …

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At what stage your Mortgage is in!

Did you know in #california on the new agreement of sale, you must tell what stage your mortgage is in. If it is not fully underwritten, you are unlikely to get the bid accepted. Need a F U P A? Apply online and totally free with no obligation

The ARMs are Back!

Why a 30 year fixed is the wrong mortgage for you. In the last few weeks, long-term mortgage rates have risen. The experts see a slowdown in the housing market. The culprit? The 30 year fixed rate. The stalwart of the mortgage business for a long, long time. This is the entry point for Americans …

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One Way to Solve the Appraisal Crisis

Fred discusses the idea of putting open house signs out. It’s inviting everyone to come into the house and it’s ridiculous. At Arrivva, we don’t use signs because we don’t want to attract attention from people who are not planning to buy.

Are open house signs necessary?

Fred discusses the idea of putting open house signs out. It’s inviting everyone to come into the house and it’s ridiculous. At Arrivva, we don’t use signs because we don’t want to attract attention from people who are not planning to buy.

Buying in a pandemic

In the podcast, Fred and Mistry discuss buying during a pandemic. Fred says that the first question he asks prospective clients is “Why are you trying to buy during the pandemic?”And the answer has been basically, “Hey, we’re in a one-bedroom apartment. We got one baby and another on the way we got to get …

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Are REALTORS(TM) Helping to Spread COVID? (aka, another reason we do not belong to this organization)

At the beginning of March, we all know that the world sort of got shut down. At that time, I figured that the economy would take a dive and that no one would be buying real estate. Alas, the fact that qualified people were then cooped up in their 1-bedroom apartments with the walls moving …

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