What Are Comparable Sales and How Are They Used in Appraising Your Home
When your agent does a market analysis or a certified appraiser provides an appraisal for your home, the most important indicator of the local market and the market value of your home, comes from what...
View ArticleHow Does Mortgage Refinancing Work?
Reasons To Consider Mortgage Refinancing Refinancing in mortgage lending is when a homeowner, who has existing financing on their home returns to the market and replaces the existing mortgage,...
View ArticleHome Loan Financing Basics: How Much Home Can I Afford?
How much home can I afford? That has got to be the question in every potential homebuyer’s mind. Regardless of your savings, credit history or monthly budget, when it comes to home loan financing, it...
View ArticleDown Payment Funding Using a 401K and Other Sources
When you decide to go into the market to buy a home you may have a slight shock at the costs that it takes to get you there. All too often buyers find that the funds that they thought would cover the...
View ArticleBalloon Mortgages And When They Make Sense
It sounds a little strange doesn’t it that companies would come up with the name “balloon” to describe a mortgage. However, it makes more sense when you understand what a balloon mortgage is. It allows...
View ArticleAvoiding Foreclosure When Money Is Tight
Avoiding foreclosure on your home, after a huge investment of your money and time, is the number one priority of the new homeowner. But you can’t have what you want just by dreaming, you need to...
View ArticleFHA Mortgage Versus Conventional: Which is Best?
If conventional loans are like square pegs for square holes, FHA loans have government backing that square’s the circle and helps put the round peg in that same square hole. There is a cost to this, so...
View ArticleNewlywed Mortgage Basics
Purchasing a new home together can be a wonderful way to start a new journey of togetherness for newlyweds. This new home will be an abode in which to share beautiful memories and happiness. Buying a...
View ArticleWhere a Mortgage Figures in Estate Planning
There are many people who don’t think that planning their estate is something they have to care about, as they don’t own that much. But this is where they make the mistake because everybody has...
View ArticleThree Tips to Help Improve Your FICO Score
If you’re thinking of buying a car or house, your FICO score is the ultimate three-digit number determining your approval. The interest rate that you have to pay also depends on it. Unlike a crash diet...
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