Stats for Last Week

LISTINGS Residential (Single Family & Condo)
April 19 – 25, 2010 746
Last Year 585
   
SOLDS  
April 11 – 17, 2010 239
Last Year  183
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Stats

LISTINGS Residential (Single Family & Condo)
April 12 – 18, 2010 833
Last Year 600
   
SOLDS  
April 4 – 10, 2010 172
Last Year  131

New Loan Underwriting Guidelines effective 3/01/2010 :-)

* All Borrowers’ Birth Certificate will be required with Pictures taken in the hospital with medical staff. Birth certificate with a live home delivery will not be eligible for first time home buyers.

* Marriage certificate with bridal dress will be required if both husband and wife are required to qualify for the loan

* GFE will not require signature but will require blood sampling from a recognized institution within three days of application

* DNA test will be performed at closing to avoid any ARM length transaction. Loan funding will be contingent upon satisfactory receipt of DNA results.

* Verification of deposit will be acceptable only if Bank representative is present at the closing.

* Copy of Pay stubs and W2 will only be acceptable through IRS only with a wax sealed envelope mailed directly to the lender.

* 7 Witnesses from neighborhood will be required as proof of primary residence in case Borrower owns more than 1 property.

* All appraisers will be required to use Mask and ear plugs at the time of inspection to avoid any personal influence by the Borrower for the appraised value.

* In order to correctly calculate DTI and true house running ratio a list of Grocery items, monthly usage and brand names will be required with receipts and projected 12 months consumption chart.

* Closing will not occur without loan officer presence at settlement and Loan officer picture will be taken at the closing in a Mug shot format with loan number. Picture should meet standard guideline of 2 X 2 inch in color format with one facing and one side view.

Stats

LISTINGS Residential (Single Family & Condo)
April 5 – 11, 2010 736
Last Year 581
   
SOLDS  
March 28 – April 3, 2010 267
Last Year  211

Statistics

LISTINGS Residential (Single Family & Condo)
March 29 -April 4, 2010 708
Last Year 606
   
SOLDS  
March 21 – 27, 2010 269
Last Year  198
LISTINGS Residential (Single Family & Condo)
March 22 -28, 2010 683
Last Year 640
   
SOLDS  
March 14 – 20, 2010 196
Last Year  175
LISTINGS Residential (Single Family & Condo)
March 15 -21, 2010 688
Last Year 617
   
SOLDS  
March 7 – 13, 2010 175
Last Year  169