It’s no secret that we are experiencing a dramatic financial evolution following the Great Recession, and it is having a profound effect on the real estate, lending and securities industries. But today, depending upon your personal financial position, you could be looking at extraordinary possibilities that did not exist until recently. Now five years after the [...]
{ 0 comments }
The Home Affordability Refinance Program (HARP) is the biggest opportunity for homeowners to refinance their home with unlimited loan to value. This program is designed to help homeowners who are current on their mortgage but don’t qualify under today’s guidelines re-finance. If you qualify for HARP, you no longer need to stop paying your mortgage [...]
{ 0 comments }
About a year ago we did a post titled “International Investors- The Silicon Valley is still ’on Sale’” which talked about the number of cash buyers and foreign investors taking advantage of prices that just seemed to good to pass up. Well, the market is ever changing, and this time we are talking about buyers scooping up [...]
{ 0 comments }
This week we continue with more tips for our “First Time Buyers“ to avoid some of the most common pitfalls. These mistakes have been made in the past but with a little research and the right representation YOU dont need to repeat them! Read on and then you can begin your home search like an expert! [...]
{ 0 comments }
They say the only constant is change… and more change is coming! Last month, the sweeping Financial Regulation Bill was signed into law and promises to bring a wave of new changes to the financial system. But the question is: what does this change mean to you? Here’s what you need to know. Generally speaking, [...]
{ 0 comments }
Should you focus more on getting a low rate or wait for a price reduction on homes? The Fed’s Mortgage Backed Securities purchase program ended, the markets have seen much more volatile price swings. For potential buyers who are waiting to see if home prices come down a little more, that means the wait could [...]
{ 0 comments }
The Pre-Qualification…Your FIRST Step to Financing a Home Because of the complexities of home financing and the numerous loan programs and lenders now available to the general public, prequalifying must be done by a qualified loan agent (preferably a mortgage broker) in person, over the phone, or via e-mail. The prequalification process is both objective [...]
{ 0 comments }
Homeowners can refinance into and homebuyers can qualify for a ‘green mortgage’. There are mortgages that will offer a discount or qualify the buyer to make energy efficient improvements or buy a house that meets or exceeds current energy efficient standards. These mortgages are called EEMs for Energy Efficient Mortgages or EIMs for Energy Improvement [...]
{ 0 comments }
