If you happened to scan real estate news headlines lately while you’re home hunting, you might already know that housing supply is still low, resulting to a corresponding rise in home prices. This, on top of current low wages does not help you much in finding a viable home without competition.If Read more
Is Your Mortgage a Non-Recourse or Recourse Debt?
What happens next after your lender takes possession of your home in a foreclosure or short sale? It depends if your mortgage is a non-recourse or recourse debt. Under a non-recourse mortgage, the lender is generally refrained from taking any action after seizing the property. A recourse mortgage, Read more
Guide to Buying a Short Sale Home
Purchasing a home today does not always mean purchasing a home at full price. Because of the downfall the economy took, there are still plenty of short sale homes available on the market. They are not as plentiful as they were a few years back, but you can still find them. If you plan to purchase a Read more
