Making an offer “subject to the existing mortgage” is one of the best ways to buy a home if you can’t qualify for a new mortgage loan. Simply put, a buyer and seller agree that the seller will allow the buyer to take over the seller’s mortgage payment. Usually done for a period of one,
Why The Government Must Stop Making Housing “Affordable”
July 23, 2014 by
Yes, you heard that right. We don’t need any affordable housing if it’s up to the US government to provide it.
Ohio Real Estate – Indicator of Reason
January 16, 2011 by
Experts say 2011 will see an additional 1.2 million homes thrown into foreclosure. While optimism is a good thing, it is not reality for today’s foreclosure situation. There are 5 million homeowners in America who are at least two months behind on their mortgages – these are outside the current foreclosure lists. What would you bet on a borrow who is two months behind?