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Articles Tagged ‘Mortgage’

Comments Off on Some Homeowners Turn Down Free Money

Some Homeowners Turn Down Free Money

American homeowners are in the midst of a love affair with low interest rates especially when it comes to home loans; however, not all courtships have happy endings. As the final days of 2012 slipped away, Lisa Price made her client an offer she thought he couldn’t refuse. Her client — we’ll call him [...]
Comments Off on Low Appraisal Values Hurting High-Priced Listings

Low Appraisal Values Hurting High-Priced Listings

As if the multimillion-dollar housing market wasn’t complicated enough for real estate professionals, the New York Times reports it has become even more challenging thanks primarily to appraisal values that are significantly lower than the parties’ often already agreed upon value. Appraisers seeking comparative recent sales data on suburban real estate might find themselves [...]
Comments Off on Foment Financial Fortune from Foreclosures

Foment Financial Fortune from Foreclosures

Once upon a time in Real Estate Land, there lived a happy-go-lucky housing bubble. It floated among us without a care in the world, blissfully ignorant of its ultimate fragility. Then one day, it met with the final fate that, sooner or later, befalls every bubble: it burst. In the time it takes [...]
Comments Off on Ellie Mae Offers 2012 Mortgage Insight

Ellie Mae Offers 2012 Mortgage Insight

For quite some time now, economists, and self-proclaimed real estate and housing experts have drilled into our heads just how hard it is to earn the stamp of approval on a mortgage these days. Among the various reasons they typically give for this phenomenon, the one that makes the most sense, and is [...]
Comments Off on Simple Steps to First-Time Homebuyer Happiness

Simple Steps to First-Time Homebuyer Happiness

Buying a home can be a challenging, sometimes grueling process even for those with a lot of experience in or expert knowledge of the real estate market, let alone first-time homebuyers. To help you demystify the process and get the most out of your new home purchase, we’ll examine what you’ll need to [...]
Comments Off on How Can I Make the Most of a Mortgage Calculator?

How Can I Make the Most of a Mortgage Calculator?

When you are trying to figure out what your real estate mortgage payments are going to be, you may wonder what the main factors are. Rather than guess or have to wait until you get actual documents from a loan officer, you can get some basic numbers right away. These are accessible through the [...]
Comments Off on Top 5 Excuses Why Not To Buy an Investment Property

Top 5 Excuses Why Not To Buy an Investment Property

“Buy land, AJ, because God ain’t makin’ anymore of it.” Who can forget Tony Soprano’s famous advice on real estate speculation to his very bored and confused son, Anthony Junior? The TV mob boss’ sentiment is one you hear echoed in every corner of the housing market. Invest in property. Property is the safest [...]
Comments Off on Things to Consider When Purchasing a Short Sale

Things to Consider When Purchasing a Short Sale

Many people choose to purchase short sales because they believe that by buying a short sale, they are getting a good deal. This can be true, but it’s also important to remember that short sales can often be more difficult to purchase than buying a regular home. It can often take a significant [...]
Comments Off on What to Do if your Short Sale is Declined

What to Do if your Short Sale is Declined

When you decide to sell your home as a short sale, it’s not just making the decision. Your bank or lender also has to agree to accept a short sale. This is because in a short sale, you are paying off your mortgage to them with whatever you get in the short sale. [...]
Comments Off on What happens after foreclosure?

What happens after foreclosure?

Foreclosure can be a scary word. But it isn’t necessarily the end of the world. First of all, don’t think that the lender wants to foreclose. It’s actually a messy and expensive process for both sides, and typically, the lender will want to try to avoid foreclosing on a home. But, foreclosures do happen, [...]