Your Mortgage Cafe » Articles http://www.yourmortgagecafe.com Real estate social media academy, Racheli Refael Smilovits, Mortgage Advisor , Real Estate Trainer, Real Estate Training, Real Estate Social Media Speaker, Social Media for Real Estate, Real Estate Social Media Marketing, Real Estate Video Marketing, Real Estate Social Media Webinars, Racheli, Mortgage Broker, Sat, 05 Nov 2011 12:32:47 +0000 en hourly 1 http://wordpress.org/?v=3.1 Buying a home better than renting http://www.yourmortgagecafe.com/2011/11/05/buying-a-home-better-than-renting/ http://www.yourmortgagecafe.com/2011/11/05/buying-a-home-better-than-renting/#comments Sat, 05 Nov 2011 12:32:47 +0000 Racheli http://www.yourmortgagecafe.com/?p=418

Check the BEST cities where it is Cheaper to Buy than to Rent
http://www.pr-inside.com/homeownership-beats-renting-in-74-percent-r2764928.htm

South Forida is on sale.  The price-to-rent ratio is the median listing price divided by the annualized median rent. Ratios that are 15 and under indicate buying is less expensive than renting, while ratios that are 20 or higher indicate renting is less expensive than buying.

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/11/05/buying-a-home-better-than-renting/feed/ 0 Homeownership Beats Renting in 74 Percent of Major U.S. Cities http://www.yourmortgagecafe.com/2011/08/22/homeownership-beats-renting-in-74-percent-of-major-u-s-cities/ http://www.yourmortgagecafe.com/2011/08/22/homeownership-beats-renting-in-74-percent-of-major-u-s-cities/#comments Tue, 23 Aug 2011 02:24:06 +0000 Racheli http://www.yourmortgagecafe.com/?p=390 Homeownership Beats Renting in 74 Percent of Major U.S. Cities Trulia Releases Summer Rent vs. Buy Index, Revealing Housing Market Rebound in Miami and Continued Setbacks in Detroit, Fresno and Sacramento.

Top Five Cities Where Buying Beats Renting
          ——————————————————-
            #       City                 State       Price:Rent Ratio
          ——————————————————-
            1     Las Vegas            NV                  6
          ——————————————————-
            2      Detroit                 MI                   7
          ——————————————————-
            3       Mesa                   AZ                   7
          ——————————————————-
            4      Fresno                 CA                  7
          ——————————————————-
            5     Arlington              TX                   8
          ——————————————————-

            Top Five Cities Where Renting is Cheaper than Buying
          ——————————————————-
            #       City                 State       Price:Rent Ratio
          ——————————————————-
            1    New York             NY                  36
          ——————————————————-
            2    Fort Worth            TX                   32
          ——————————————————-
            3     Omaha                  NE                   27
          ——————————————————-
            4     Seattle                  WA                 24
          ——————————————————-
            5   San Francisco         CA                  24
          ——————————————————-

NOTE: The price-to-rent ratio is the median listing price divided by the annualized median rent.
< 15 —–BUYING is less expensive than renting, 
> 20—–RENTING is less expensive than buying.

                         Price:Rent Ratio  Price:Rent Ratio   % Change
     #     City     State   July 2011       January 2011
   --------------------------------------------------------------------
     1     Miami      FL       13             6              112%
   --------------------------------------------------------------------
     2    Phoenix     AZ       8              8               1%
   --------------------------------------------------------------------  
     3   Las Vegas    NV       6              6              -7%
   -------------------------------------------------------------------=
     4    Tucson      AZ       13             14             -10%
   --------------------------------------------------------------------
     5     Mesa       AZ       7              8              -11%
   --------------------------------------------------------------------
     6  Sacramento    CA       8              13             -17%
   --------------------------------------------------------------------
     7    Fresno      CA       7              11             -32%
   --------------------------------------------------------------------
     8    Detroit     MI       7              12             -39%

   --------------------------------------------------------------------
See full Article
Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/08/22/homeownership-beats-renting-in-74-percent-of-major-u-s-cities/feed/ 0 One West bank used fake paperwork to foreclose on an 87 yr old Homeowner http://www.yourmortgagecafe.com/2011/07/30/one-west-bank-used-fake-paperwork-to-foreclose-on-an-87-yr-old-homeowner/ http://www.yourmortgagecafe.com/2011/07/30/one-west-bank-used-fake-paperwork-to-foreclose-on-an-87-yr-old-homeowner/#comments Sat, 30 Jul 2011 14:37:27 +0000 Racheli http://www.yourmortgagecafe.com/?p=385  Are the banks still engaging in activities that were deemed illegal…

In Florida only the bank who owns your mortgage can foreclose. So why on earth are they still practicing and engaging in activities that could be construed as CRIMI…
watch this one

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/07/30/one-west-bank-used-fake-paperwork-to-foreclose-on-an-87-yr-old-homeowner/feed/ 0 BIG CHEF Ultimate Appetizer Challenge WIN BIG! http://www.yourmortgagecafe.com/2011/07/27/big-chef-ultimate-appetizer-challenge-win-big/ http://www.yourmortgagecafe.com/2011/07/27/big-chef-ultimate-appetizer-challenge-win-big/#comments Wed, 27 Jul 2011 17:49:15 +0000 Racheli http://www.yourmortgagecafe.com/?p=370 Rosana Santos Calambichis invites you to check out the Ultimate Appetizer Challenge with BIG CHEF!
BigChef is hosting their First-Annual Ultimate Appetizer Challenge and they need your favorite appetizers to share with their readers, fans, followers, customers and their circles of influence. Go to http://www.bigchefonline.com/blog/enter-the-ultimate-appetizer-challenge// to submit your recipe. Thanks and Good luck
Rules Link  Form Link

First Place winner :       $500.00 Big Chef Products Gift Certificate + *Jazz Up Your Food Music CD + **Tips on Entertainment
Second Place winner: $350.00 Big Chef Products Gift Certificate + *Jazz Up Your Food Music CD + **Tips on Entertainment
Third Place winner:     $150.00 Big Chef Products Gift Certificate + *Jazz Up Your Food Music CD + **Tips on Entertainment

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/07/27/big-chef-ultimate-appetizer-challenge-win-big/feed/ 0 Who is running the CFPB Ship? http://www.yourmortgagecafe.com/2011/07/22/who-is-running-the-cfpb-ship/ http://www.yourmortgagecafe.com/2011/07/22/who-is-running-the-cfpb-ship/#comments Fri, 22 Jul 2011 18:04:06 +0000 Racheli http://www.yourmortgagecafe.com/?p=367 CFPB Consumer Financial Protection Bureau website  already misguided
http://www.treasury.gov/initiatives/Pages/cfpb.aspx

Elizabeth Warren is being replaced by Richard Cordray http://www.mercurynews.com/opinion/ci_18525062
They have in access of 100 employees what are their skill levels…
And what have they done with the $500 Mill they got…

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/07/22/who-is-running-the-cfpb-ship/feed/ 0 HUD TO INVESTIGATE MORTGAGE LENDERS WHO DISCRIMINATE AGAINST EXPECTANT MOTHERS AND NEW PARENTS http://www.yourmortgagecafe.com/2011/06/07/hud-to-investigate-mortgage-lenders-who-discriminate-against-expectant-mothers-and-new-parents/ http://www.yourmortgagecafe.com/2011/06/07/hud-to-investigate-mortgage-lenders-who-discriminate-against-expectant-mothers-and-new-parents/#comments Tue, 07 Jun 2011 13:15:08 +0000 Racheli http://www.yourmortgagecafe.com/?p=361 HUD says lenders cannot discriminate…
here is HUD letter NO 10-158 

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/06/07/hud-to-investigate-mortgage-lenders-who-discriminate-against-expectant-mothers-and-new-parents/feed/ 0 Is the “In House Lender-Ok Or a RESPA Violation? http://www.yourmortgagecafe.com/2011/06/06/is-the-in-house-lender-ok-or-a-respa-violation/ http://www.yourmortgagecafe.com/2011/06/06/is-the-in-house-lender-ok-or-a-respa-violation/#comments Mon, 06 Jun 2011 12:01:08 +0000 Racheli http://www.yourmortgagecafe.com/?p=354 Realtors, Lenders and those in the Real Estate Arena.
My friends Frank and Brian raised the question

Is the “In House Lender-Ok
Or a RESPA Violation?

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/06/06/is-the-in-house-lender-ok-or-a-respa-violation/feed/ 0 Government Looks to Increase FHA Down Payment http://www.yourmortgagecafe.com/2011/05/25/government-looks-to-increase-fha-down-payment/ http://www.yourmortgagecafe.com/2011/05/25/government-looks-to-increase-fha-down-payment/#comments Wed, 25 May 2011 11:51:25 +0000 Racheli http://www.yourmortgagecafe.com/?p=345 FHA down payment may go up from 3.5% to 5%    5-25-11 is the hearing
2 questions:
    1. Will the increase (1.5%) in down payment make FHA be a bore reliable product?
   2. Will the 1.5% be worth the results as less people will qualify?

What do you think?

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/05/25/government-looks-to-increase-fha-down-payment/feed/ 0 The LO Compensation Fed Rule Scandal http://www.yourmortgagecafe.com/2011/03/25/the-lo-compensation-fed-rule-scandal/ http://www.yourmortgagecafe.com/2011/03/25/the-lo-compensation-fed-rule-scandal/#comments Fri, 25 Mar 2011 11:25:35 +0000 Racheli http://www.yourmortgagecafe.com/?p=308 Is this…..

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/03/25/the-lo-compensation-fed-rule-scandal/feed/ 0 TBWS Daily 3-7-11 Bank of America BLOCKS TBWS Daily Show from Loan Officers http://www.yourmortgagecafe.com/2011/03/07/tbws-daily-3-7-11-bank-of-america-blocks-tbws-daily-show-from-loan-officers/ http://www.yourmortgagecafe.com/2011/03/07/tbws-daily-3-7-11-bank-of-america-blocks-tbws-daily-show-from-loan-officers/#comments Mon, 07 Mar 2011 12:21:24 +0000 Racheli http://www.yourmortgagecafe.com/?p=202 Bank of America Blocks TBWS Daily Show from Loan Officers

Share/Bookmark]]> http://www.yourmortgagecafe.com/2011/03/07/tbws-daily-3-7-11-bank-of-america-blocks-tbws-daily-show-from-loan-officers/feed/ 0