Monthly Archives: August 2016

Bank Statement Loans for the Self-Employed

Posted by Shawn Simpson // August 31, 2016

Bank Statement Loans for the Self-Employed

In Omaha many borrowers whose incomes come from commissions or from being self-employed have a more difficult time qualifying for a traditional home loan.  Whether for a primary residence, a second home or an investment property, self-employed borrowers or those who write off 2106 unreimbursed expenses will be the most likely to benefit from the Bank Statement Loans […]


more >>

Open Houses in Omaha

Posted by Shawn Simpson // August 24, 2016

Open Houses in Omaha

Are open houses in Omaha still needed in this age of technology that is changing the real estate business? We know that 90% of potential home buyers look on the internet first to see what is available, at what prices, and to see the photographs of houses which were taken professionally. Some real estate agents […]


more >>

Record Low Interest Rates

Posted by Shawn Simpson // August 17, 2016

Record Low Interest Rates

A recent article by David McHugh in the Omaha World-Herald points out that “Record low interest rates were meant to be a temporary response to the global financial crisis. “But eight years later, rates are still near zero or even below in much of the developed world, and some experts are warning of long-term side […]


more >>

Common Mortgage Mistakes Omaha

Posted by Shawn Simpson // August 10, 2016

Common Mortgage Mistakes Omaha

Summer time brings block parties here in Omaha. We close off the street, bring out the BBQs, and have a fine time getting to know the neighbors. One participant, Doty from Hawaii, was visiting her friends on the street. When asked what she does, replied, “I’m a mortgage broker.” Somewhere in the conversation, we started […]


more >>

What is 1 Percent Rule

Posted by Shawn Simpson // August 3, 2016

What is 1 Percent Rule

What is 1 percent rule?  Chris Watkins Real Estate Agent from Payson, UT writes on Bigger Pockets, “I understand that finding the “perfect” buy & hold property is rare.” I understand the concept of analysis paralysis vs market peak buying. I struggle to find anything that comes close to the 1 percent rule here in Utah, Wasatch, and Salt Lake […]


more >>
Top