Monday, September 30, 2013

Chase has the highest mortgage application rejection rate in 2012

If you're in the market for a loan, you might want to have a few backup banks on your list.  According to the Federal Financial Institutions Examination Council, Chase had the highest rejection rate of the big banks at 34% in and SunTrust had the lowest rejection rate at 11%.

Follow the link to see how the lenders stack up.  http://www.marketwatch.com/story/the-bank-that-rejects-the-most-mortgages-2013-09-25

Thursday, September 19, 2013

Broward County Real Estate Classes

The Veritas Real Estate Group is offering the pre-licensing sales associate class in Coral Springs on two different schedules.

All day Sunday classes run from 9 am - 7 pm for six weeks or M/W/F evening classes from 5:30 - 10:30 for 4 weeks.

Sunday class starts September 29, 2013.
M/W/F class starts October 14, 2013

This is the mandatory class the students need to obtain a real estate license.

Courses cost $400 and include the textbook. A free study manual is given students when they pass the class exam.

Please register for classes at http;//veritasrealestategroup.com

Sunday, September 15, 2013

How a 1031 Exchange Increases an Investor's Rate of Return

Learn the basics of a 1031 Like-Kind Exchange and indefinitely defer paying capital gains tax. The different types of exchanges and the use of a qualified intermediary are also discussed.



Using Retirement Funds to Purchase Real Estate

Clear explanation of how a contributor can use IRA and 401(k) funds to purchase real estate or assist with closing costs. Differences between traditional and Roth accounts are presented. The video also discusses first-time homeowner programs and 401(k) loans. Learn how a self-directed plan allows you to invest in real estate rather than stocks and bonds




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