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Good News For Home Buyers in Grand Rapids, Michigan. - 04/20/10 12:31 PM
Going forward, borrowers who previously experienced a deed-in-lieu of foreclosure won't have to wait as long to get approved for a subsequent mortgage. Last week, mortgage financier Fannie Mae changed its required waiting period (the amount of time that must elapse after a pre-foreclosure event) to reflect current market conditions. In the past, borrowers had to wait four years after a deed-in-lieu of foreclosure to get approved for a mortgage with Fannie Mae. That time period has been slashed to just two years, though the maximum loan-to-value is limited to 80 percent. After four years, the maximum LTV climbs to 90 (0 comments)
For Potential Home Buyers in Grand Rapids, MI. There are 5 Important Factors to Consider. Purchasing a new home is an extremely exciting time in people's lives. It is the single largest investment most will ever make. It is a memory making spot for families and holds many treasures inside it. It is not a decision to be taken lightly so take note of the following: Location- Growing up in a family Real Estate business I was taught that it was LOCATION LOCATION LOCATION that was the the most important piece of the purchasing puzzle. Value often equates to location. Housing Market- Is it a (0 comments)
Rising Intrest rates = Higher Mortgage payments for Home Buyers in Grand Rapids, MI. How Do Rising Interest Rates Affect Affordability? As responsible Lenders it is up to those of us who care deeply about our clientele to help them understand how qualifying REALLY works. It is not accurate when a Home Buyer is told they qualify for a particular purchase amount. When we pre-approve a borrower we do so by qualifying them on a certain payment, not purchase amount. There are a number of variables that can effect that payment amount...Taxes, Insurance, and Interest Rates being the main three! (0 comments)
Top 10 Reasons: There are thousands of reasons to visit and Live in Grand Rapids and Michigan. 1. Water Water Water... Michigan has the longest freshwater shoreline in the world. Michigan has more shoreline than any other state except Alaska. Michigan has more than 11,000 inland lakes and more than 36,000 miles of streams. 2. Winter Activities
Come enjoy all that the winter has to offer in West Michigan! Start with ice skating under the stars at Rosa Parks Circle, snowmobiling through the trails of Michigan, skiing and snowboarding, and even try out the Muskegon luge!
3. Extravagant Exhibits Gerald (9 comments)
Free Home Buyer Seminar in Grand Rapids, Mi. April 14th, 2010 - 04/08/10 04:46 AM
Home buyer seminar in Grand Rapids, MI Buying a home can be one of the more exciting and rewarding events in your life. Whether you are a first time home buyer or looking to relocate to a different home, let us help you reach your home ownership goals. Join us for this informative home buyer seminar, brought to you by Gold Star Mortgage Financial Group in Grand Rapids, MI! This home buyer seminar is not only a great opportunity for those looking to purchase their first home, but those looking to move or refinance their current home.
Not if you are in the market for a new home in or around Grand Rapids, Michigan!! I am not making light of another's misfortune in any way. The recent rash of Foreclosures in Grand Rapids has created an opportunity, especially for those just starting out, and looking to purchase their first home. The Department of Housing and Urban Development (HUD) wants you to know about these homes. They would like nothing more than to have you buy one (and remove that home from their inventory.) You can view these listings at sites like http://www.hudhomesinmi.com where Gold Star Mortgage Financial (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.