Important Home Buying & Real Estate News:
New FHA loan condo rules go into effect as FHA tightens their loan approvals to minimize their loan losses. Condo projects and developments must have full FHA approval in order to allow home buyers to use FHA home loans to purchase a condo unit in their respective developments. Read Entire Article...
Besides mortgage prequalification, appraisal, home inspection and pest inspections, there are other harder to ask questions when buying a home that you should ask. Learn them in this article. Read Entire Article...
Learn short sale definition what does short sale your home mean. Learn the effects of short sale on a homeowner and mortgage lender. Read Entire Article...
Short Sale Process according to the Home Affordable Foreclosure Alternatives Program to be standardized consistent and uniform in order to stabilize the short sale process and housing market. Read Entire Article...
Finding a neighborhood realtor who is knowledgeable about home sales in your specific area can be a critical part of the home buying process. Learn why you should work with a neighborhood real estate specialist. Read Entire Article...
Do you know what your mortgage loan requirements are? Find out your lending requirements before you buy. Learn here what to ask your lender. Read Entire Article...
Learn how to calculate debt to income ratio. Debt to income ratio compares your monthly credit card payments, auto payment, student loan payment to your gross monthly income. Read Entire Article...
Wondering about ways you can afford a house or get a down payment on a house? Here are some solutions for people with little savings to get into a home. Read Entire Article...
Property tax questions should always be answered before you commit to buying a new home. Here are some things to keep in mind when doing property tax research. Read Entire Article...
Learn the qualifications of the repeat home buyer 6500 tax credit. Homeowners who want to purchase a new home in 2010 should speak to a real estate and mortgage professional to determine if they are eligible for the repeat buyer home purchase tax credit. Read Entire Article...