Here’s an actual real estate headline from this week: “Condemned California home with holes in roof, mildew, sells for $1.23 million”.
What You Need to Know about the FHA Mortgage
December 3, 2012 by
There are various pros and cons to every type of mortgage there is in the market. That is why, it is necessary for individuals to know the details of their loan before writing in a commitment. There are three types of loan that are gaining popularity nowadays, but in this article only one will be discussed and this is the most popular amongst the three.
Using FHA to Pay for your Investment Rehab
June 29, 2012 by
Short sales and foreclosures are the two most prevalent vehicles for investors looking to purchase distressed properties at a discount. However they are not easy on either the nerves or the wallet. Almost all of them require some amount of rehabilitation and remodeling, along with bringing current any deferred maintenance the property may have suffered while it was sitting empty
New FHA Changes, Again
April 1, 2012 by
Today’s turbulent Real Estate market makes for a tough environment for homebuyers. There’s more red tape, which means more hoops to jump through for financing, closing loans is taking somewhat longer than it did in recent years, and there are seemingly ever-increasing costs to consider.
New FHA Rule Could Deny Mortgage Backing to 50% of Potential Buyers
March 28, 2012 by
Experts say that a new ruling by the Federal Housing Administration is likely to rule out thousands of potential buyers from securing a government-backed mortgage when it comes into force next Monday.
How Soon Can You Buy After Foreclosure?
June 27, 2011 by
What with the millions of former homeowners sitting around twiddling their thumbs following foreclosure or a short sale, many of them might be wondering how soon they will be able to get back into the real estate business. One article that recently caught our attention in the New York Times attempted to answer that question,
Venture West’s $7.8 Million Saves Cali Apartments
January 19, 2011 by
Venture West funding helps rescue 4 apartments out of economic hardship. With help from Greystone Servicing Inc., almost $8 million is secured for a private owner who needed emergency finance. The four complexes have almost 100 percent occupancy, and 7 and 10 year financing was needed to save this business.
