A bank-owned REO home is one the bank had to take possession of due to mortgage default and that they couldn’t sell at auction. The bank now owns it and wants nothing more than to sell it. This could put you in a good position as a buyer. It also puts you in a risky position if you are not careful, Read more
Things to Know Before You Buy a Home in a Flood Zone
Before you can close on a mortgage, your lender will need to know a few things about your home. The most important is the value. They cannot lend you money if the value of the home isn’t high enough. Second most important, however, is if the home is in a flood zone. If it is, you will be required to Read more
The Pros and Cons of Buying a Home With a Realtor
Buying a house means making many decisions. Before you set out on your own to do it, you should determine if you need a realtor. There are pros and cons to using someone to represent you in your purchase. We discuss them below to help you decide what’s right. What Does a Realtor Do? First, let’s Read more
The Benefits of Buying a Condo Vs a House
There are more decisions to make when buying a house than just the location. You also have to decide what type of house you want. Do you want a single family home where you are responsible for everything but you live separate from others? Or do you want a condo where you live in close connection Read more
Pre-Qualified vs. Pre-Approved: Why it matters a Lot
Buying a new home is an exciting time. Before you step foot into a realtor’s office to discuss your needs for a home, though, you need to secure your financing. This is the crucial first step in order to make the home purchase process a success.Get Matched with a Lender, Click Here.You have Read more
