Greg Zaccagni's Discussions

How quick to judge we are.  You can owner occupy a home while you rehab it and sell it later. Lots of people move into homes, rehab and sell the improved homes later.  Even Jeff on A&E's "flipping out" moves into some of his homes for awhile.  Where is the crime in this?

My record is clean.  I have no violations of anything and the state I do business in requires civil & criminal background checks including fingerprinting.  I even receive citations with my drivers license renewal for having no moving violations.  How may can say the same?

Thanks guys I appreciate your replies. :-)

I would like to see the mini GFE broken into 3 categories. I. Lender Fees (processing, underwriting & origination)II. 3rd Party fees that don't go the the lender like appraisalIII. Prepaids like insurance & tax escrows. They should include a little link to a definition page where each category can be explained to the borrower.  

Thanks for the First American website info.  I'll check it out!

Then would Those marketing REIT's by definition be whosalers of fractional interests in real estate?

What do you say to this Georgetown University study that determined that brokers on average have lower APR's than direct retail lenders? http://www.washingtonpost.com/wp-dyn/content/article/2005/04/15/AR2005041503387.html 

Anyone care to share their experience with Richmond American Homebuilders?  Your comments regarding quality and customer service would be most greatly appreciated!http://www.richmondamerican.com/Default.htm

Jim: Yes the have modified the rule but the changes were not made to encourage private investors to flip.  Here is my blog on this topic.

Thanks for the input :-)