Buyers Be where of Online Mortgage Calculators, Agents warn your clients. I had a super sweet client last week who knew he/she was qualified to buy a home for $200K but didn’t want that high of a payment.
A question listing agents often here, "Why do I keep getting these closing extension addendums?"It can be any number of reasons really, Here are a few:1. Lender delays2. Closing delays due to signers currently
DO NOT's before you close on a home:1. Don't Change jobs, become self-employed, or quit your job.2. Don't buy a car, truck, van, motorcycle, ATV, camper or any other major purchase that requires credit.
Hi Mary, To answer your question, I've provided the property eligibility website link for USDA Program 502 loans. If you do find a property that qualifies be prepared for a little more paperwork and extended closing date. The program is a little more complex than a conventional mortgage, but rest assured - it is worth it! In order for the "loop hole" process to go smoothly, I would reccomend working with a professional (Home Builder or Real Estate Agent) who is experienced in USDA or other government loan programs. This is a case where expertise can really make a difference with the level of complications and your overall experience of buying a home. Good Luck & Happy Hunting!... more
Buyers are entering the real estate market place in record numbers, and for many reasons. Visit our article, “Top Ten Reasons Buyers Purchased a Home“. The desire to own a home and the affordability
Two new case studies by the Tax Foundation, a non-partisan tax research group based in Washington, D.C., show that if dynamic analysis, which allows for behavioral change, is used to estimate effects eliminating
Sounds like your sister got caught, if she misrepresented something on the loan application she better pray all they do is foreclose or take repayment plus expenses. Section 9 in the loan application clearly states any misrepresentation contained in the application could result in criminal charges in addition to civil penalties. I think the lender’s legal fees should be the least of her concerns. They also had a lot of other expenses that closing cost did not cover, they may want that as well.
NMLS # 6395
Financing Kentucky One Home at a Time... more
Do not add drop down stairs to your attic and finished this area with lights, drywall and flooring. This will be a good area for storage, but this area will not increase the value of your home. http://www.ap Read more
I went to a home that other day that was trashed. The carpet was thin, worn, dated and dirty. The walls were dirty. There were piles of garbage scattered throughout the home with old car parts and broken
A Realtor emailed me and told me he thinks that all appraisers don’t know anything about home value and that all they do is listen to the bank and fill out appraisal forms. Do you think this is true?
If you are planning to refinance your home you should get a free house appraisal. If you call the bank, they will usually hire an appraiser and charge you for the appraisal. In some rare cases, the bank
Three reasons why you should get a free house appraisal and the cheapest way to get a really good appraisal If you are planning on refinancing your home you should get a free house appraisal. If you
You should call a local lender. Were you happy with the company and loan officer you went to in December? If so, start there. You should also get a Realtor's "Competitive Market Analysis". It's possible that you may have to hang onto it awhile longer to get $190,000. We don't have enough information on this site to give you much definite info on your market in Spokane Valley.
Jean Bradford, ABR, GRI, CRS, CRB, SFR
Managing Broker Associate
John L. Scott RE
Silverdale, WA... more
New banking regulations are meant to help the industry, but make no mistake about it these new regulations are in the process of causing the biggest meltdown of The Spokane Real Estate market that you’ve
The sales comparison approach to value is when a real estate appraiser will use comparable sales in your market area to determine the value of your home. They will find homes similar to your home that