As a new real estate agent, you may want to spend time researching the benefits of marketing to short sale clients. Successful short sale agents can generate significant amounts of commissions in much shorter amounts of closing time. They often have very happy, relieved,…
Home prices and interest rates are so low that many people would buy if they could. The revamped regulations in the lending industry have made getting a mortgage more challenging than ever. The bright side of the new regulations is that it is much…
Since the mortgage crisis hit, it is increasingly difficult for anyone to get a mortgage. If you are self-employed, this process can be even more complicated, regardless of credit score and good income. Getting a mortgage when you are self-employed requires a little more…
The banking crisis is bleeding over all aspects of our lives: interest rates are plummeting, the value of the solar is dropping, and the cost of everything is going up. Meanwhile the weakened economy has jobs still scarce, pay stagnant, debts harder to pay,…
Thought the 30-year fixed rate mortgage couldn’t get any lower? Think again! Last week another record low was announced, making this the sixth consecutive week of “record” low mortgage rates. Only a month ago we were boggling over the 3.83% record low, but each…
Just when we thought they couldn’t get much lower, mortgage rates dropped again to reach new record lows. As mortgages become even more affordable, hopes are placed for further recovery in the reciprocal cycles of the housing market and economy. Thirty-year fixed mortgages are…
If you have considered shopping for a home, then you are going to want to find financing for your purchase. In fact, a smart homebuyer will have done their financing research before they start looking for the home of their dreams. Showing sellers that…
Getting a mortgage can be challenging since the real estate market turned upside down. For those individuals who do not shy away from a challenge, the interest rates and affordability of homes has never been better. Qualifying for financing is a challenge, but definitely…
Buying a home is the largest purchase that many of us will ever make. The loan that you get to make this purchase will be with you for a long time, so mortgage mistakes can be costly. Not taking the time to research what…
Short sales and foreclosure can be fantastic deals, if you can ever get them to the closing table. Since the onset of the housing crisis, purchasing bank-owned homes have been a notoriously lengthy process, which has contributed to the continuing increases in inventory. There…
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