Posts (RSS)Mortgage
Housing Bill Momentum Slowed Down by Senate Issues
Thursday, June 26th, 2008When the Senate voted on the controversial housing rescue plan, it received overwhelming support. But sadly, the likelihood of it becoming a law soon is reduced because of some problems coming from another unrelated proposal.
Developer’s Mortgage Terms Result to High Foreclosure Rate
Wednesday, June 18th, 2008In a small Texas neighborhood, homeowners are worried about the unusually high foreclosure rate. It seems like families are constantly moving in but do not stay long and end up facing foreclosure.
Mortgage Basics: Getting Pre-Approved or Pre-Qualified?
Tuesday, April 29th, 2008One of the realities of buying any home including Miami foreclosure homes is that most buyers will need to obtain a housing loan. Most real estate experts advise buyers to get pre-approved or even pre-qualified for a mortgage before going on a foreclosure hunting expedition.
As a buyer, you will need to know the main [...]
Avoid Foreclosures by Understanding Mortgages
Tuesday, March 25th, 2008Ever since the housing market started to crash, real estate and financial experts have looked to the mortgage industry as the culprit. But even though these mortgage lenders are largely-responsible for the current foreclosure crisis, a small part of the blame should be shouldered by the borrowers themselves. If you are planning on buying a [...]
3 Tips to Get Your Mortgage Approved
Tuesday, March 18th, 2008After realizing how much more affordable foreclosure properties are, you finally give in to your desire to buy one. But before you contact a foreclosure broker and go on a foreclosure-hunting expedition, you should first get pre-approved for a mortgage. By doing this, you will be able to know your exact budget and establish your [...]
How to Qualify for a Short Sale
Thursday, March 13th, 2008When faced with losing your home to foreclosure, you will surely start considering options to stop the bank from re-possessing your home. Your search for a way to stop foreclosure may lead you to the short sale option. With the growing foreclosure crisis in the United States, the option to do a short sale has [...]