Mark's Thought

It seems like most buyers these days are trying to save a down payment for an FHA loan.   The minimum down pyment for borrowers who qualify for a $300,000 house would be $10,500.  I will use this price and down payment for an example of how one could save a down payment should they qualify for a...

Should You Short Sale Your Home or Complete a Loan Modification? The market is just beginning to stabilize but short sales and foreclosures will be with us for a couple more years.  The options for many distressed home owners are the following:     (1) Do a loan modification with subject lender. ...