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NEXTA
By Leesa Sandoval
A mortgage is generally the largest debt most homeowners have to manage. It’s a good idea to give your personal real estate finance portfolio a check-up at least once a year.
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By Leesa Sandoval
Although every situation is unique, it is not uncommon for homebuyers to qualify for a mortgage on a new home while still living in their primary residence.
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By Leesa Sandoval
When doing an FHA 203k Rehab Loan anywhere in the nation there are a couple of things to consider. First of all the property maybe in poor condition and some repairs maybe required…such as foundation or roof repairs. Secondly there are the cosmetic upgrades that aren’t necessarily required but that will make the home more to your liking and these changes can add great value to the home.
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By Leesa Sandoval
Of critical importance when considering mortgage financing: There is sometimes a difference between what a client ***can*** borrow and what they ***should*** borrow
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By Leesa Sandoval
As some of you may have heard HUD has officially announced their intention to make the following changes to the FHA loan program in Texas: Lower the Up Front MIP from 2.25% to 1% AND
Increase the Annual (monthly) MIP From .50 – .55% to .85 – .90% depending on LTV.
By Leesa Sandoval
When a buyer makes an offer to buy residential real estate, he/she generally signs a contract and pays a sum acceptable to the seller by way of earnest money.
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By Leesa Sandoval
While there are several biased sources that can make arguments for or against owning a home, we’ve found that most home buyers base their ultimate decision on emotion.
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By Leesa Sandoval
The appraiser actually already has a good idea of the property’s value by the time they have scheduled an appointment to stop by the property.
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By Leesa Sandoval
As part of the new CARD Act of 2009, companies advertising free credit reports in Texas are now required to clearly disclose that what’s being marketed isn’t the free credit report you’re entitled to receive by law.
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By Leesa Sandoval
Since mortgage rates can change several times a day, the following questions will help determine whether or not your lender truly knows what to look for so that they can provide you with the best rate once you’re in a position of locking in your loan:
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