When paying closing costs, you can pay them, you can have the bank pay them or you can have the seller pay them.
Making Home Affordable: The Obama Loan Modification Program
April 15, 2009 By Leave a Comment
Earlier this month, details were released about the “Making Home Affordable” program as part of the Emergency Economic Stabilization Act that was passed through congress and signed by President Obama. The Making Home Affordable program offers assistance to homeowners across America in one of two ways: the Home Affordable Refinance Program and the Homeowner Affordable [...]
Arizona Foreclosure Scams and Spams
April 8, 2009 By 3 Comments
Arizona Foreclosures are at an all time high. Over one in every 147 homes received a foreclosure filing in February 2009, making Arizona the second highest state to be feeling the negative impact of the current housing crisis. ( read full article here ) But while there are many resources and tips on Arizona foreclosures [...]
Home Style Renovation Mortgage: Fannie Mae
April 7, 2009 By 3 Comments
The Fannie Mae HomeStyle renovation mortgage is designed for investors who want to purchase a home that is in need of a few repairs.
HomePath Renovation Loan or FHA 203K Streamline Loan?
April 5, 2009 By Leave a Comment
With so many Arizona Foreclosures and short sales that have been abandoned currently in the Arizona real estate market, the question begs to be asked, “How does a buyer go about getting qualified for the most popular loan used today, a FHA Loan?“ If you have your sights on a home that is missing appliances [...]
HomePath Renovation Loan or FHA 203K Streamline Loan?
April 5, 2009 By Leave a Comment
With so many Arizona Foreclosures and short sales that have been abandoned currently in the Arizona real estate market, the question begs to be asked, “How does a buyer go about getting qualified for the most popular loan used today, a FHA Loan?“ If you have your sights on a home that is missing appliances [...]
HomePath Renovation Loan or FHA 203K Streamline Loan?
April 5, 2009 By Leave a Comment
With so many Arizona Foreclosures and short sales that have been abandoned currently in the Arizona real estate market, the question begs to be asked, “How does a buyer go about getting qualified for the most popular loan used today, a FHA Loan?“ If you have your sights on a home that is missing appliances [...]
HomePath Renovation Loan or FHA 203K Streamline Loan?
April 5, 2009 By Leave a Comment
With so many Arizona Foreclosures and short sales that have been abandoned currently in the Arizona real estate market, the question begs to be asked, “How does a buyer go about getting qualified for the most popular loan used today, a FHA Loan?“ If you have your sights on a home that is missing appliances [...]
Paying Mortgage Insurance – Bad or Good?
April 3, 2009 By 4 Comments
Paying mortgage insurance is not a bad or a good thing – what matters is that you know when it is smart to pay mortgage insurance and when it can possibly be avoided. The good thing about mortgage insurance is that it can allow someone to get into a home with less money as a [...]
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