Daily Inspiration

News You Can use     6 February 2010

URGENT!!!   Stop HR 4173 from Regulating Seller Financing!!!

Please send an e-mail or letter to your senator ASAP and forward to other real estate professionals. This bill has passed the House and is now in the Senate. You can find your senator's contact info here: http://www.facebook.com/l/2b758;www.senate.gov/general/contact_information/senators_cfm.cfm

While many of the provisions of the act are positive steps toward mortgage reform, the inclusion of private property owners in the Act (see section 101(3)(e)) will enormously reduce the housing choices of Texas residents and the ability of homeowners to sell properties in a market already languishing from an abundance of unsold properties.

Our 9 February 2010 monthly meeting presenter is:

Mr. Rick von Schnier with BLUE MARBLE and his partner Mr. Bill McHugh with TIER 1

TITLE:

Maximize your investments with Energy Efficiency & Building Science

PRESENTATION SUMMARY:

As a real estate investor, we would like to show you how to maximize your investments with a better understanding of "Energy and Building Science".

-  Building Maintenance (lower maintenance and upkeep costs)

-  Energy Bills (lower energy and water bills make for more applicants)

-  Efficient homes are more valuable (provide documentation)

-  Energy Inspections & Tests (duct blaster, blower door)

-  Safer and Healthier Environment (combustion appliance safety testing, less mold, dirt, VOC's)

-  Rebates and Incentives (to perform upgrades)

-  All this leads to a higher rent and more valuable property

Mortgage Analysis for the week ending 6 February 2010

For Fannie Mae Economics and Mortgage Market Analysis

go to http://www.fanniemae.com/media/economics/index.jhtml

                    Freddie Mac Weekly Primary Mortgage Rate

For Historical Mortgage Data from Inside Mortgage Finance go to http://www.imfpubs.com/data/

National Fixed Rate Mortgage figures go to

http://www.erate.com/mortgage_rates_search.htm