Ready to buy? Then here’s what documentation you need to prepare so a mortgage banker can let you know exactly what loan amount and purchase price you can qualify for…

Filed under: Buying, Finance, IRS, Making Home Affordable, Money-Saving, Mortgage, Mortgage Rates, Real Estate Market, VRN | No Comments »

Closing on a property is both a thrilling and taxing ordeal for buyers and seller alike. Make sure to prepare on the closing day thoroughly whether you are a buyer or a seller.

Filed under: Buying, Commentary, Realtor, VRN | No Comments »

Making sense of the Financial Regulations Bill for Buyers

Filed under: Current Events, Current Mortgage Rates, Finance, Making Home Affordable, Mortgage, Mortgage Rates, Real Estate Market, Tax Issues, VRN | No Comments »

Seller financing offers advantages to both sellers and buyers.  Sellers have an opportunity to widen the pool of potential buyers, and buyers have an opportunity for homeownership even if they are unable to obtain a mortgage through conventional channels…

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Who Qualifies for the Extended Credit?

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Trulia.com and RealtyTrac recently surveyed U.S. adults to get some insight into what people *think* is involved with buying a foreclosure. Here are the Top 10 Myths that came up, and the facts to set the record straight…

Filed under: Commentary, Credit, Current Events, Foreclosure, Mortgage, Real Estate Market, Short Sale, VRN | No Comments »

Interest rates are at historic lows but cyclical trends suggest they will soon rise. Home buyers may never see such a chance again, writes Marc Roth

Filed under: Commentary, Current Events, Economy, Listing Presentation, Money-Saving, Real Estate Market, VRN | No Comments »

Starting June 1, 2010 Fannie Mae is going to implement some changes to their underwriting process. Most of them are minor and will not have any impact, but the one that MAY change things is the lenders will be pulling a NEW credit report prior to ordering loan documents and/or closing.

Filed under: Credit, Credit Cards, Current Events, Finance, VRN | No Comments »