Red Oak Realty

what is needed to get pre-approved for a home loan?

Often times people are a little apprehensive about going through the pre-approval process.  Frankly, we all are a bit afraid of credit scores and we hope that we will be approved for an amount that we want.  The following is a typical need list.
Every case is different, but this is what is typically needed to [...]

How is the Economy? Let’s Check In,

Senior Mortgage Consultant and Branch Owner of RPM Mortgage in Berkeley, Chet Gohd’s market update:
We saw some encouraging news this morning with the Fed’s Beige Book report, its somewhat of a glass half-full scenario with a hole in the bottom of the glass ..First the CNN report, then the Chet update;
The economy has shown signs [...]

Delaying Home Foreclosures

What an idea, delaying the foreclosure of your property with three simple words?  Yesterday I was watching Good Morning America and their story about delaying bank foreclosure on properties.  Apparently, a Florida attorney is advising clients to ask their banks to, “provide the note”.  According to this report mortgages are often sold and resold to [...]