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Qualifying For a Mortgage
December 12, 2000 Most potential borrowers are nervous about getting a mortgage loan because they share a widespread misperception: the misperception is that they have no bargaining power relative to lenders, and therefore must approach them ... more...

What Mortgage Market Niche Are You In?
October 19, 2002 "I recently found what appeared to be the best deal on a 30-year fixed-rate mortgage from ads in the newspaper, but when I told the loan officer exactly what I needed, the price rose and the amount I could ... more...

new home purchase loans property real estate loan house deed related definitions

RESPA
Real Estate Settlement Procedure Act (RESPA) A federal law passed in 1974 that requires lenders to provide home mortgage borrowers in advance with information of known or estimated settlement costs. RESPA also limits the amount lenders may require to be held in escrow for ... more...

Non Conforming Loan
Non Conforming Loan A loan that does not meet the Fannie Mae or Freddie Mac underwriting guidelines. This is also known as a portfolio mortgage. The loan can't be sold on the secondary market so it must keep it and service it in its own portfolio. Non-conforming loans have ... more...

More about new home purchase loans property real estate loan house deed

What are Home Improvement Loans?
Home improvement loans are loans specifically designed by loans companies to help you fund an essential home improvement projects.Home improvement loans provided by loans companies are secured on the value of the borrower's property. The amount available to the borrower is subject to the equity in ... more...

Why Choose a Bridging Loan?
Listed below are some of the reasons for choosing a bridging loan. A bridging loan is a short term mortgage which is secured by your property. This is usually arranged by getting a mortgage on the new property, and taking out a second mortgage on the property being sold.In effect, this type of ... more...

Part 1: FAQs From Media Interviews With Real Estate Author
Do you feel there is going to be a real estate bubble?Nash: No. Are some coastal and resort markets over-heated, yes. I dont feel that markets will collapse. But investors and property owners should be ready for longer market times, diminishing over-full-price and multiple offers in over-heated ... more...

A Guide to Getting Bad Credit Home Improvement Loans
You might be wanting to look into bad credit home improvement loans but are unsure of where to start. After all, how do you get a good loan when your credit isn't the greatest?What you probably don't realize is that there are a number of lenders who offer bad credit home improvement loans, which ... more...

Buying a Home with Zero Down Payment in Irvine, CA
Years ago, the only person that could buy a home in Irvine with zero down payment using a new purchase money loan were Veterans of War (called a VA loan). In the past several years, there has been an explosion of new loan programs designed to fit most any buyers circumstances. Today, most anyone ... more...

Home Buying: Things To Keep In Mind
So youve decided you want to own a home and now you want to begin your search for one. Before jumping into a home search, there are a few things you should keep in mind when going about buying a home.First things first, you cannot buy a home if you cant afford it! Dont assume how much you can ... more...

How to Sell Your House by Lease Options
Many people buy a house then have to move within a few years, due to divorce, relocation or financial difficulties. Without any equity though, it can be nearly impossible to find buyers and you still have realtor fees to contend with. There is a simple, easy way to have your payments taken care of ... more...

Real Estate Investing By The Numbers
Just like most things real estate investing can be broken down into easy to learn step.Step One - Learn the basics:Ownership of real estate is evidenced by a valid deed. When you buy property the seller signs a deed that transfers his ownership interest to you. Most states use a Warranty Deed. ... more...

How to Create Cash Flow Out of Thin Air!
Want to see a trick every real estate investor will love?From the Desk of Thomas KishCrazy as it may sound......there really is something that can create cash flow out of thin air. And it has nothing to do with a magic wand or pulling rabbits out of a hat.It has to do with the use of credit but ... more...

Finding Structural Problems During Escrow Small Rural Home Example
In rural home purchases, the transaction is often subject to a satisfactory home inspection being done. Any imperfections are usually corrected during escrow. Now and then, however, a home inspection uncovers severe structural problems. What happens then?Structural Problems Small Rural HomeWith a ... more...

Starting Your Home Based Business On A Shoestring Budget
Whether seeking a supplemental income or a full-time income, many folks have undertaken the task to discover a viable home based business solution to meet their personal needs.For most folks who contemplate a home business, a low-cost or no-cost solution is not only nice, but also very necessary ... more...

Are You SURE Your A Bad Debt?
Many people who seek the advice and guidance of debt counsellors are driven to them in the first place by fear and ignorance two powerful emotions which often mask the real scale of the problems.In many cases, what you made have been led to believe is a bad level of debt, may instead need only ... more...

A Guide to Bad Credit Finance Options
Have you been trying to find out what bad credit finance options were available? Perhaps you're in the market for a new car or truck, but aren't sure if you can find a dealer or lender who'll offer you a bad credit finance?You shouldn't worry too much about bad credit finance options, because there ... more...

Can You Buy a Home While on Vacation?
It may not be as crazy as it sounds. According to the National Association of Realtors, one out of every three residential homes purchased in 2004 was a second home. Many of these are mountain cabins or beach cottages. That said, buying a vacation home is not something to do on a whim.You should ... more...


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