Tag Archives: Mortgage loan

How to Choose the Right Home for Your Family

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You’ve probably heard more than once that today’s perfect storm of low prices, high inventory, and affordable interest rates are making this the right time for you to buy that home you’ve always wanted. As you begin to shop around, … Continue reading

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5 Reasons To Save For A Big Down Payment

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You may be eager to buy a home. But taking time to save a large down payment has numerous advantages. Most homebuyers have to finance most of the home’s purchase price with a mortgage. The amount you put down upfront … Continue reading

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4 Costly Homebuying Contract Errors

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Make sure you know exactly what you’re getting or giving when you sign on the dotted line. 1. Give yourself time to get a loan Many contracts are contingent upon the buyer getting financing by a certain date. In today’s … Continue reading

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Could The Job Market Be On The Up Swing?

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According to Freddie Mac, they just released their U.S. Economic and Housing Market Outlook for May. It shows a pick-up in economic growth in the second half of 2011, but with unemployment lingering above 8 percent through year-end. A large … Continue reading

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This is what a short sale is

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A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property’s loan.[1] It often occurs when a borrower cannot pay the mortgage loan on their property, but the … Continue reading

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