loan: 10 ways to murder your loan
- 07/31/10 08:43 AM
With tighter lending guidelines over the last few years, it has become quite a challenge to obtain mortgage financing. Keep in your mind these 10 things that could cause additional obstacles!
Here's a handy list of 10 things you can do to kill your chances of getting a loan today. 1. The house just needs too much work.This applies to REO's, foreclosures, and short sales... sure they're good deal, but the financing can be rough. Any broken windows, bad appliances, leaking roof, water damage, obvious mold, health or safety issues, structural problems and of course any liens. 2. Low AppraisalAppraisal used to … (3 comments)
loan: The Importance of a Good Lender
- 11/05/09 11:40 AM
The process of buying a home is a big event. The purchase of a property will be one of the biggest investments you will ever make in your lifetime. Understanding the process is imperative in making the right decisions. One of the primary details in any home buying process is how you plan to pay for the home. If you have all cash, great! No worries! The process will be a smooth one! However, most of us are not fortunate to have that kind of cash lying around the house. That is why it is so important to work with a … (2 comments)
With tighter lending guidelines over the last few years, it has become quite a challenge to obtain mortgage financing. Keep in your mind these 10 things that could cause additional obstacles! 
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