What things do lenders view positively and negatively during the application process?
When you apply for a loan, long, steady employment is always seen as a plus, as is a large down ...
What does a mortgage broker do?
Much like a stockbroker helps you buy stocks, a mortgage broker can help you purchase a home loan. Because the ...
How do I qualify for a home loan?
Your real estate agent has information on lender loan requirements and will be able to calculate a rough monthly figure ...
Why is location so important?
Location remains the single most important factor when choosing a home. It can make or break the value and desirability ...
What about guidelines for VA foreclosures?
As with HUD, anyone can purchase a VA home. Qualified buyers also can receive the benefit of a VA loan ...
What are some of the guidelines for purchasing HUD foreclosures?
If you have the cash or can qualify for a mortgage, you can buy a HUD home. Down payments vary ...
What are the disadvantages of buying foreclosures?
Buying directly at a legal foreclosure sale is risky. Among the disadvantages: There is no financing. You need cash and ...
What happens at a trustee sale?
When a homeowner falls behind on three payments, the bank will record a notice of default against the property. When ...
Where can I find foreclosure properties?
Look in the legal notices section of your local newspaper. A notice is also usually posted on the property itself ...
What causes a foreclosure?
A lender decides to foreclosure, or repossess, a property when the owner fails to pay the mortgage. Unfortunately, thousands of ...
Now Hear This! 7 House Sounds Buyer and Seller Clients Shouldn’t Ignore
Sounds can indicate that there’s an issue with the health of a house, whether it’s the seller client who owns it or the buyer client taking a look-see. Read more.
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