Mortgages

Free Money!

February 4, 2013

This past winter was anything but productive in Real Estate. However, change is on the way! Even with interest rates so low, people just don’t have money saved for their down payment and closing costs. Consumers need a little help and we now have it! As Realtors, we rely on our fellow lenders and Mortgage [...]

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You’re in Charge !!!

January 13, 2012

When buying a home, it is easy to feel overwhelmed and at the mercy of everyone else.  Which house to choose, qualifications, paperwork … buying a house is most likely the largest purchase you will ever make and should be considered carefully.  Weigh all the pros and cons of each house, and educate yourself on [...]

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GSE is ???

April 10, 2011

photo © 2010 Thomas Cunningham | more info (via: Wylio) What is GSE ?  It stands for Government Sponsored Enterprise or as we know it Fannie Mae and Freddie Mac. It’s the secondary mortgage market how loans are bundled together to create a product to be sold to investors. Which some of us know now [...]

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Is a Mortgage going to cost more?

February 28, 2011

Is a mortgage going to cost more? Well the answer is yes. How long will it be before the cost start to really change that’s a good question. But all the talk about what to do with Fannie and Freddie have me wondering what’s a Realtor to do? I’m still not sure but after reading [...]

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Why Should I Know My Financing Terms?

January 22, 2011

I meet people who are looking for investment properties on a daily basis. Value is determined differently on an investment property as opposed to a residential property. Finding the value of a Residential Property is based upon a Comparable Market Analysis. Where as, value of an investment property is determine typically by the net income [...]

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