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After months of financial uncertainty and turbulent performances, the economy appears to be on the mend. Real estate, one of the most important industries in the country, and a strong indicator of overall strength, has struggled but stayed strong....
Using assets to quality for a home loan is a common strategy for retirees. If you are at the retirement stage of your life, and want to purchase a new home (and need a loan to do so), you...
Owning investment property is risky yet rewarding. There's a reason why it's high on the list for America's favorite investments. When done properly, it can bring excellent returns while you own an asset that is increasing in value. But...
The FHA has adjusted its rules on a mortgage for self-employed professionals. This article outlines the changes and provides information on mortgages for the self-employed. The coronavirus and the resulting economic slowdown has created a variety of changes in the...
There are dozens of choices for loans, and while many people will qualify for more than enough financing, each home loan product has limits. In most cases, these limits are put in place by government authorities. Even jumbo loans,...
Many aspects of the real-estate-purchase process have changed, including appraisals. In an effort to keep agents, buyers, sellers, and appraisers safe, the Federal Housing Administration, or “FHA,” has announced an extension of its “relaxed appraisal requirements.” When the coronavirus...
What an exciting time! You have saved a nice pile of money, worked with a lender and a real estate agent, searched the area for top-quality homes, and finally found the perfect place to grow your future. Buying a...
Priming your credit before a mortgage application is easier than you might think. This article will outline 5 effective tips for to enhance your score. While it’s not an accurate gauge for overall financial stability, a strong credit score can...
A recent report release by Houzz, one of the top remodeling sites in the world, highlights a trend we have been seeing for months: remodeling has soared during the coronavirus scare. It appears that people are remodeling their homes,...
When the coronavirus started making its way across the United States, many industries had to change they way they do business. In the real estate industry, the massive financial uncertainty created by the national lockdown caused many lenders to...