You want to purchase a home to improve your financial future, but when you start the process, you discover you have limited options because you only have a small down payment. While there are some government programs available, there are...
One of the largest hurdles towards home ownership is the down payment. With tight budgets and high costs of living, it can be tough for hard-working people to save enough money to have a substantial down payment. With no down...
One of the most important factors when seeking a loan is your debt-to-income ratio. Whether it’s car loans, mortgages, or business loans, lenders want to see a healthy ratio with less debt and more income. In most cases, the...
Regardless of the real estate seminar or property flipping reality television show that you devote your loyalty, there are two very basic economic objectives of purchasing residential investment properties. Cash-Flow- The proceeds of rental income after the expenses of...
Buying a house is one of the biggest financial estimates most of us will ever make. As you get older, the idea of purchasing a home shifts slowly from a daunting expense to an essential one. Maybe you have a...
If you have had a foreclosure on any property within the past seven years, your home loan options are limited. Conventional mortgage loans underwritten to the guidelines of both Fannie Mae and Freddie Mac will require a minimum of...
On average, over one million Americans file for bankruptcy each year. The biggest contributing factors to bankruptcy typically involve divorce, loss of employment, or personal or family illness. For people who have recently experienced the bankruptcy process, there are...

Jumbo Reverse

For homeowners that are 62 or older, they’ve had access to the Home Equity Conversion Mortgage, or HECM. The HECM turns some of the current equity in the home into cash payable directly to the owners of the property....
Without having been involved either buying or selling a home you probably don’t know what an escrow officer does. However, that person is one of the more important pieces in the transaction puzzle. There are plenty of people involved...

Competing Offers

Real estate in any region is rarely in what is referred to as “equilibrium.” Equilibrium states that neither a buyer nor seller has the upper hand in negotiations due to a balanced real estate market. Often times, it is...