TODAY'S TOP ARTICLES
Need A Fixer-Upper Loan?
Most mortgage financing plans provide only permanent financing. That is, the lender will not usually close the loan and release the mortgage proceeds unless the condition and value of the property provide adequate loan security. When rehabilitation is involved, this means that a lender typically requires the improvements to be finished before a long-term mortgage is made. In the current market many of the numerous foreclosures sit on the market in disrepair due to vandals, theft and neglect. To lenders of traditional loans those properties are considered poor collateral that they’d prefer not to lend on. However, for FHA 203K loans, the loan is based on...(click to read entire story)
Don’t put your home on the market until you’ve read this report! Avoid 11 mistakes that could cost you
Click Here! - Mortgage Loan Tips - Why Some People Almost Always Get The Lowest Interest Rate On Their Mortgage - For The Least Points - And No Junk Fees!
11 Common Mistakes When Selling A Home
thousands of dollars. (Click to read entire report)
Top Ten Mistakes When Buying A Home
This free report oulines what you must know before looking for your new home!
Need A Fixer-Upper Loan?
Most mortgage financing plans provide only permanent financing. That is, the lender will not usually close the loan and release the mortgage proceeds unless the condition and value of the property provide adequate loan security. When rehabilitation is involved, this means that a lender typically requires the improvements to be finished before a long-term mortgage is made. In the current market many of the numerous foreclosures sit on the market in disrepair due to vandals, theft and neglect. To lenders of traditional loans those properties are considered poor collateral that they’d prefer not to lend on. However, for FHA 203K loans, the loan is based on...(click to read entire story)
Renters Have Much to Gain by Pursuing Home Ownership
Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sense of pride, financial stability and potential tax advantages. (click to read entire story)
Adjustable Rate Mortgage Holders Prepare for Increase in Interest Rates
In 2004, the Federal Reserve made it clear that short-term interest rates would be increased at a “measured pace” because of a fluctuating US Dollar, unstable oil prices and an evaluation of other economic indicators. In an effort to curb inflation, the Federal Reserve has kept its word and continued to raise rates, including one incredible streak of 17 consecutive hike announcements following meetings of the FOMC. As a result... (click to read entire story)
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