- Are you a member of the Real Estate Institute?
- What is your guarantee as a Real Estate Agent?
- How many Commercial/Residential properties have you sold over the last 2 years and what was the time frame in which they sold?
- Can we cancel the listing if we're not happy?
- How many ... Click to Continue
I meet with a lot of great people in my line of work as a Real Estate Investor or Residential Redeveloper. Some people I meet want out of their home to downsize and save on bills, others need to get out before foreclosure hits and some just want to stop being a homeowner and rent. On the flip side I meet people who are looking to buy wanting to start a family and excited about the new journey in life of home ownership, etc. In either situation it is a wonderful opportunity for me to offer real estate solutions to fit their needs. The pressure of today’s economy has everyone second guessing exactly wh ... Click to Continue
If you are nearing retirement, a reverse mortgage might be right for you. This type of mortgage essentially allows you to turn your home equity into cash. If you find yourself with little money, a reverse mortgage could be the perfect solution, and here's why. No Worries About Monthly Payments After taking on a mortgage, there are many costs that you have to worry about. One of these problems is mortgage insurance premiums. Add interest and fees from lender service providers to the mix, and you've got yourself many costs. All of these fees can create tremendous headaches, as a large chunk of the loan amoun ... Click to Continue
As if homeowners who are facing foreclosure don't have enough to worry about, a multitude of loan modification scam artists have invaded the Internet, public files and even foreclosure notices in newspapers in hopes of targeting their next victim. By identifying the top three modification scams and learning how to avoid them, at-risk homeowners can protect themselves (and their homes). Never Pay For Mortgage Modification Assistance Many desperate homeowners fall victim to scam artists who offer to provide them with assistance in the loan modification process for an exorbitant fee. Many times ... Click to Continue
When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you can speed up the mortgage process and close the deal sooner. When a seller accepts an offer from a buyer, the process of obtaining the property has just begun. The buyer now has to conduct an inspection, get approval from an attorney and obtain a mortgage – all of which can be time consuming. Here are a few ways that you can speed up the mortgage pr ... Click to Continue
Are you shopping for a home or a new mortgage? If you are interested in finding the best possible financial product, it is important to consider the benefits of selecting a Qualified Mortgage. With so many different types of loan products to choose from and financial terms to learn, schooling yourself on the mortgage market before you buy your first home or apply for your first refinance mortgage may seem like a daunting task. Luckily, there are resources that are designed to help you learn the basics of products and terms so that all consumers have the power to inform themselves before securing a loan. What ... Click to Continue
When the sale of real estate takes place, a certain amount of time might be allotted after a contract is created but before the transaction is finalized during which the buyer may decide not to follow through with the deal set forth in the contract. This 'option period' allows buyers to have a property inspected and its value ascertained without the risk of losing the property to another buyer. What Happens When The Option Period Takes Place Typically, a buyer must pay an option fee in order to be able to enjoy the luxury of an option period. During the option period, property inspe ... Click to Continue
If you have been declined for a mortgage, you may think that home ownership is out of reach. However, there are ways to turn a rejection into an approval and to find a more accessible loan. Here are just a few steps you can take to learn about your loan options and get the mortgage that works for you. Find Out Why The Mortgage Application Was Denied The first step to getting a second opinion is to find out why your mortgage application was denied. Banks commonly deny mortgages for reasons like a low credit score, a high debt-to-income ratio, or concerns about the applicant's past and present emplo ... Click to Continue
Your mortgage payment may be among the largest payments you make every month. While certainly an important part of your budget, this payment is also critical to helping you build equity in your home because it attributes to mortgage principal reduction. Managing your mortgage payments can be challenging, but there are some incredible apps available for use with Android or iPhone smartphones that can simplify your mortgage management tasks. Mortgage Mentor This app is available for both iPhones and Android devices, and is designed to be compatible with all types of mortgages. It can calculate PMI f ... Click to Continue
If you're thinking about buying a new home and using a mortgage to help cover some of the purchase costs, it's a good idea to get an initial pre-approval from your lender before putting in an offer. In today's blog post we'll share three quick tips that can help to ensure that your mortgage pre-approval isn't declined. Demonstrate Your Income and Good Credit A mortgage is a major financial transaction and one that carries a certain amount of risk for the lender. It's your goal to help them see that you have the ability to make your monthly payments and that there is very little risk in approving your mortga ... Click to Continue