So you finally found a home of your dreams but the big ‘F’ is the problem. You have no idea where you will get the money. Your credit history is bad and your income debt ratio is worse.
Take Control of Your Closing Costs and Win
January 19, 2015 by
Mortgage lenders are well known for piling on garbage fees as part of closing costs. As an investor, you need to take action to minimize these costs. If you don’t, the questionable charges can easily balloon up to more than $6,000 on a $200,000 house investment. The government has attempted to control these costs but […]
Don’t Make These 8 Home Buying Mistakes
October 12, 2012 by
Buying a new home could definitely spell the difference between comfortable living and a quicksand of debt. The following is a list of mistakes that you should avoid when buying a new home:
Does A Short Sale Stop You From Getting A New Home Loan?
September 27, 2012 by
What is a short sale? Very simply, a short sale is when a mortgage lender agrees to accept less than the total amount of money they are owed on a piece of property in order to facilitate the sale of that property. This is done when the owners
Which Documents are Required for Securing a Mortgage?
August 27, 2012 by
Ready to scout over various home sales to find out the one that best fits your idea of “dream home”? Great! But don’t forget that the surest way to heartbreak is to find your dream home and make plans to move in, only to find a lack of sufficient documents means you can’t secure the mortgage you need to finance it.
How Credit Scores Work and Ways to Improve Yours
August 2, 2012 by
As credit has become more easily available in our society, your credit report, and subsequently your credit rating, has become more important in your every day life. Your credit rating affects all aspects of your finances when it comes to borrowing money, especially when it concerns real estate.
3 Surprising Reasons A Short Sale Benefits Homeowners
December 21, 2011 by
If you’re one of the millions of individuals facing the prospect of losing your home, you’ve no doubt been made to feel as if being part of a “crowd” is somehow soothing…the old adage “misery loves company” may come to mind, but in reality, it stinks to be miserable, and it stinks most of all […]
