Fannie Mae's Homepath Mortgage Program. Could it be for you? - 03/26/10 11:19 AM
Fannie Mae's Homepath Program Information
Fannie's HomePath program lets borrowers put down as little as 3%, without paying for mortgage insurance. There are of course lender "add-ons" that need to be considered and factored when comparing this program to your standard FHA.
Here is a link to Fannie Mae's site in which you may obtain more details and a list of lenders cooperating with this program:
http://www.fanniemae.com/homepath/financing/index.jhtml
Allows for lower FICO scores on high LTV (Loan To Value) loans. (660/avg) Appraisals, a traditional prerequisite for getting a mortgage, are optional under HomePath. Fannie's inventory is about 87,000 homes currently. This … (1 comments)

Pets on Premises? Use A Little Common Sense and Common Courtesy - 03/23/10 02:14 PM
Common Courtesy: The "Pets on Premises" Note Avoid looking like a newbie, and consider the safety of your colleagues!
When you're the listing agent on a home, be sure you take the time to prepare agents properly regarding "pets on premises."
Talk to your clients and explain how a pet can impact the showing and sale of a home. They love dogs, and you may love dogs, but not all buyers enjoy a canine snout in the crotch! Notify showing agents what to expect when they arrive on the property. Will there be animals? Where will they be? If a dog … (2 comments)

Why Should I Get A Pre-Approval? - 03/11/10 01:29 PM
Is getting pre-approved for a loan important in the home buying process?  You bet!  You need to know how much you can afford before you begin house hunting.  Check out this great article from Realtor.com for more information:
http://www.realtor.com:80/blogs/2010/03/03/why-should-i-get-a-pre-approval-ask-a-realtor®
Happy Hunting! 
… (2 comments)

 

Sean Glenn

Dandridge, TN

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ERA Lakeway Real Estate

Address: 1228 Gay Street, Suite B, Dandridge, TN, 37725

Office Phone: (865) 397-2152

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