Why now? With all of the attention or lack of attention this market is getting, Why now?, is a realistic question to ask about buying or selling a house. But if it’s so good, then why are people sitting on the sidelines? Good question. In my opinion, there’s a few different reasons why people are on the […]
11th hour- Deal or no deal
Did you know that as of June 1st, 2010, Lenders are now required to pull your credit again right before the close of escrow? What does that mean to you??? Well if you’ve taken out new lines of credit (say you bought appliances or furniture) that could kill your deal. Why? The reason is the […]
Homebuyer’s Guide to avoid a denial of credit
For all of you homebuyers out there, be mindful! Lenders aren’t handing out money like they used to a few years ago. You will be put through the ringer! Ask anyone who’s applied for a mortgage in the last couple years, they’ll tell you. It’s crucial to work with a competent lender who knows the […]
Short sales approved in 10 days???
Can this be true? It may be starting April 5th, 2010. U.S. Treasury department is going to require that any bank receiving federal assistance will have only 10 days to respond to short sale offers presented to them. In order to be considered for the HAFA program: The home must be the principle residence of the […]
Is it your first time? Take ease with these steps toward homeownership.
So you’re thinking about buying a house? Now what??? There a few things to consider before taking the next step towards homeownership. Can you qualify for a loan? Most people think that if they have good credit, this part of the process is “in the bag” but don’t start your home search just yet. Did […]
