No longer does a potential home buyer (or move-up buyer) have to decide between buying a new home or renovating their existing one. Now they are choosing both, renovating their newly purchased home. Renovation Lending plays a big role in...
Category - Mortgage
Did you know that coloring can help you alleviate some of the unexpected emotions you may experience while house shopping? Adult coloring is gaining popularity as a form of stress release with therapeutic potential to reduce anxiety. When...
Federal Housing Administration (FHA) loans are popular, government-backed home mortgage loans that are tailored toward borrowers with limited savings and/or credit challenges. However, anyone who meets the eligibility requirements may...
Cash is king in this hot and competitive real estate market! And in most cases, a buyer will get the property if a cash offer is made. So how can you recover some of the money spent to purchase your home? Delayed financing is an option that...
Last week, the Community Home Lenders Association (CHLA) wrote a letter to Treasury and FHFA asking for a suspension of Fannie Mae and Freddie Mac mortgage purchase restrictions adopted in mid-January as part of changes to the GSEs’ Preferred...
Selling your home using the For-Sale-By-Owner (FSBO) method appeals to some sellers for two major reasons. The first is the potential to save money (i.e. avoid paying the commission fee to a Real Estate Agent). The second reason is that sellers...