10 Frequently Asked Short Sale Questions
1. What happens to the seller's credit rating when they allow an investor to short sell their property?What typically happens is the loan will show up as "paid" on their credit report; however there will be a notation that says "settled for less than originally owed" or something along these lines. ...
more...
Buying a Home After Foreclosure Ways to Lower Mortgage Rate
A foreclosure doesnt have to limit your dreams of buying a home. By
following these strategies, you can lower your mortgage rate to
affordable levels. And with some careful shopping online, you can find a lender
willing to help you finance the purchase of your new house.The Better Your Credit ...
more...
Finding The Right Mortgage Loan
There are many mortgage loan companies out there. They seem to send you an email daily, tempting you to fulfill your largest dreams of a new home. But, when is the right time to purchase a home and what should you look for when you do so? There are many things to think about and they all center on ...
more...
Construction Loan Basics
It might not be too big of an exaggeration to say that the construction loan is one of the more daunting aspects of building your custom home. Before we started our project, I had nightmares about trying to pay two full mortgages at the same time (our existing mortgage and the construction loan), ...
more...
Navigating Commercial Construction Financing
Today, the development and construction of commercial facilities entails a wider range of financial options than anytime in the past quarter century.Thanks in large part to continued low interest rates and significant liquidity in lending institutions, financing of well-considered speculative ...
more...
Mortgage Loan Rates
A dream is realized when you purchase a home. However, when you start out to acquire a home you need to ensure that the mortgage is sufficient to buy the house and that after payment of mortgage there is enough money to have a decent life.A nightmare no one should have is a mortgage that leaves you ...
more...
Advantages and Disadvantages Of A Reverse Mortgage
Betty and John, are in their mid-seventies and are currently weighing the advantages and disadvantages of a reverse mortgage as a way of freeing up some cash. The couple purchased their home 45 years ago for about $14,000 since then home values have skyrocketed and recent single family homes in ...
more...
Do You Speak Real Estate?
Anyone interested in real estate should be able to talk the
talk. Here is a list of common phrases and words with a
short explanation. Use it as a reference:Adjustable Rate Mortgage (ARM). A type of mortgage loan
whose interest rate changes periodically up or down, usually
once or twice a year ...
more...
Miami Online Home Loans
Living in Miami, Florida has so much to offer. Tropical weather, mild winters, lovely beaches, a thriving night life, a diverse community, and great food are some of what you can find in this bustling city. Home prices have been increasing sharply the last several years, therefore loan financing ...
more...
Debt Management Plans Suggesting Ways to Survive the Quagmire of Debts
Before delving on what a debt management plan can do for you as an individual or as a business, it will be good to decide its scope. It is a misconception among many people that debt management plans can only be used for eliminating the existing mound of debts. Nevertheless, debt management plans ...
more...