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100% Financing With No Money Down is Still Available
I know, I know, you thought the No Money Down pitch was gone.  Finally, you no longer had to listen to those annoying mortgage broker hawking their programs on […]

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Home inventory levels are figured out by taking the number of homes on the market in a given zip code and dividing it by the number of homes sold in that zip code for the last 30 days.  The answer will give you the absorption rate.  Or the number of months it would take to […]

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There is more to selecting an agent than a pretty photo or a friend’s recommendation. You should also ask lots of questions and avoid the following five pitfalls.
1) An Agent Who Buys the Listing
An agent who buys the listing may tell the seller that they can sell the home for $120,000 when they know the […]

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Seller financing happens when the buyer makes payments directly to the seller instead of the bank.  Usually, the buyer will make payments to the seller for an agreed upon term (often 5 years or less) and agreed upon interest rate.  This can help the buyer and seller in a number of ways.  For example, seller […]

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If you owe more than your property is worth and need out then working with the bank to sell your home short may be a good way to go. When you do a short sale, you sell the home for less than you owe and the bank relieves you of your debt. It […]

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What is FHA?

FHA is a program started back during the depression. This program allows the Federal Housing Authority under HUD to back and insure loans.

Who is the Best Candidate for FHA?
 
Those with a poor credit score but good job history and manageable debt to income ratios. Also, those who do not […]

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