Posted on February 18, 2019 - 02:43 PM
by Faye Gaskins
In purchasing your new home, your future monthly payments will be made up of principal, interest, real property taxes, and insurance. But what is the tax for the Community Facilities District, otherwise known as a Mello-Roos District? The Land Title Assoc...
Read more
Posted on February 11, 2019 - 02:43 PM
by Faye Gaskins
Mortgage Bankers Mortgage Bankers are lenders that are large enough to originate loans and create pools of loans, which are then sold directly to Fannie Mae, Freddie Mac, Ginnie Mae, jumbo loan investors, and others. Any company that does this is conside...
Read more
Posted on February 4, 2019 - 02:43 PM
by Faye Gaskins
There are so many different kinds of homes out there for families to choose from. Do you want to live in Rainsville? Or are you looking for a second home? How many bedrooms and bathrooms do you need? Do you need a large back yard? RV access? An attache...
Read more
Posted on January 28, 2019 - 02:43 PM
by Faye Gaskins
The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your...
Read more
Posted on January 21, 2019 - 02:43 PM
by Faye Gaskins
As a buyer, you are entitled to know exactly what you are getting. Don’t take anything for granted, not even what you see or what the seller or listing agent tell you. A professional home inspection is something you MUST do, whether you are buying a...
Read more
Posted on January 14, 2019 - 02:43 PM
by Faye Gaskins
Your First Step Toward Buying a Home When preparing to buy a home, the first thing many homebuyers do is look at the real estate ads in newspapers, magazines and listings on the Internet. Some potential buyers read how-to articles like this one. The next...
Read more
Posted on January 14, 2019 - 02:43 PM
by Faye Gaskins
Have These Items Ready When You Apply For a Loan It used to be that lenders mailed out verifications to employers, banks, mortgage companies, and so on, in order to verify the data supplied by borrowers. Nowadays, the interest is often in speed and getti...
Read more
Posted on January 14, 2019 - 02:43 PM
by Faye Gaskins
Years ago, credit scoring had little to do with mortgage lending. When reviewing the credit worthiness of a borrower, an underwriter would make a subjective decision based on past payment history. Then things changed. Lenders studied the relationship be...
Read more
Posted on January 14, 2019 - 02:43 PM
by Faye Gaskins
When you apply for a mortgage loan, you expect your lender to pull a credit report and look at whether you’ve made your payments on time. What you may not expect is that they seem to be more interested in your FICO® score. “What’s a...
Read more
Posted on January 14, 2019 - 02:43 PM
by Faye Gaskins
When buying a home, it is not enough to just come up with the money. With the exception of no asset verification loans, lenders want to verify where the money for your new home will be coming from. If you can document that the funds are coming from your p...
Read more
iHOUSEweb