Is a reverse mortgage good for elderly homeowners?
A reverse mortgage is an increasingly popular option for older Americans to convert home equity into cash. Money can then ...
Month: December 2007
What is a wraparound loan?
Also called an all-inclusive mortgage, it is where a new home loan is placed in a subordinate or secondary position ...
Should I consider a “B,” “C,” or “D” paper loan if I have bad credit?
These loans do not meet the borrower credit requirements of "A" or "A-" category conforming loans, so if they are ...
Is equity sharing a good idea?
A shared equity mortgage, or partnership mortgage, can be a good way to purchase a home with little or no ...
What is an assumable mortgage?
It is a mortgage held by the seller that can be taken over by the buyer when a home is ...
Are there such things as no-cost and no-fee loans?
You see promotions for them all the time. But banking regulators have gone after lenders who misrepresent these loans. The ...
Is it true some lenders grant loans based on very little documentation?
Yes. They offer what are called "easy/no-doc" loans, mortgages that require little or no documentation to verify the borrower's income ...
The Ins and Outs of Forming an Agent Team
By Paige Tepping RISMEDIA, Dec. 6, 2007-The days of flying as a solo agent will soon be a thing of ...
Real Estate Recruiting: 2007 and Beyond
By Don Kottick RISMEDIA, Dec. 6, 2007-This year was definitely a monumental one for real estate recruitment as this relatively ...
Determining if Your Zip Code is Healthy
RISMEDIA, Dec. 6, 2007-Where you live may be as crucial to your well-being as how you live, according to an ...
How to Calm Jittery Sellers When Similar Homes Close by Are Also for Sale
While you as the seller’s agent or broker understand all the intricacies and strategies of working a listing, your clients very likely are first-timers, vulnerable to emotions and worrisome opinions precisely because they don’t have prior experience. Read more.
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