Video: What’s the Word on Mortgage Lending Standards? Better. Mortgage lending regulations, along with mortgage interest rates, are fickle. Just when you think you’ve got a handle on them, they will change. Fortunately for home buyers mortgage lending standards have recently been changing for the better. At the end of last year and the first… Read More
Singles Now Recognizing the Value of FHA Home Loans I’ve long been a fan of FHA loans. They do exactly what they were intended to do – ensure that homeownership is not out of reach for the average American, and stabilize the country’s Real Estate Market. Contrary to popular belief, an FHA home loan is… Read More
Inadequate Financial Knowledge Delays Many Home Buyers, Study Says. I’ve worked with countless mortgage lenders over the years and have come to depend on just a handful, to provide me with timely, accurate information, with no drama. I’ve always believed that the home buying process should not be stressful or confusing. But I’ve seen that… Read More
Rising Interest Rates: Who’s Afraid of the Big Bad Fed? You Probably Shouldn’t Be. According to RISMedia, mortgage rates actually dropped this week after several rounds of rises. But even prior to this moderate dip interest rates still stood very firmly in favorable territory for Home Buyers. Read on to see how the Fed’s decisions… Read More
There seems to be some hesitation among home buyers when it is revealed that a home is a “Flip”. In one sense I agree, you do need to be cautious. On the other hand, I’ve seen many, many well done and fairly priced flipped homes. Here’s the thing… Do Your Research! How long has the… Read More
Video: Think of Buying a Home? Do Your Groundwork. The only thing I really take issue with in the video below is the statement that home buying can be complicated. You’ve heard me say it over and over again… If your Realtor is doing their job, buying a home should never be “scary”, intimidating, complicated… Read More
A Quick Outline of HUD’s Buyer Select. A few clarifications before we begin. If you’re not working in the Real Estate industry you may not be sure what a HUD Home is or how an FHA loan differs from other mortgages. These condensed definitions might help. FHA loan or FHA mortgage: An FHA loan is… Read More
Video: 5 Creative Ideas to Help Home Buyers in a Competitive Market. In a competitive Real Estate market it’s easy to be apprehensive, or to feel that you might over pay for a home. Keep in mind that if you are getting a mortgage, it’s nearly impossible to overpay unless you want to. The property… Read More
Video: Simple Steps for Buying a Home. I don’t really get the mindset that buying a home is complicated, overwhelming or stressful. As with anything you do, if you’re well informed and updated along the way, the process is no more problematic for either buyers or sellers, than a day at work might be. Yes,… Read More
Are you ‘Unscorable’? Doesn’t Make You Unreliable. Home Buyers might feel that if they have no bad credit, they are automatically a good credit risk. This isn’t always the case. Some potential home buyers may have no credit at all and mortgage lenders frown on that. All may not be lost if you have no… Read More
