It is true that most mortgage applications push through without a glitch. However, there are some lenders and borrowers who do commit fraud to make things more favorable for them. While it may seem harmless at first, mortgage fraud could easily turn into a huge mess later on.
It is not going to be easy for a lender to commit fraud but as a borrower, you should still be familiar with some read more
Have you been browsing online sites for houses for sale? Have you been taking quick stops at some nearby open houses? Have you been trying to compute how much it will take for you to be able to afford the house you’ve been eyeing? If so, then you must be in that stage where you think you are ready to buy your first home.
However, buying and owning your first home will require not only a read more
Things to Consider When Buying Power of Sale Properties
A property sold by power of sale means that it is not the homeowner, but the mortgage lender, who is selling it. It is a solution that is made available to lenders when homeowners default on mortgages. If you are interested in this as a buyer, here are some of the things that you should know about power of sale transactions:
You should reign in your hopes for a discount! read more
With the advanced technology that we are enjoying right now, a lot of people turn to it for all the things that need to be done. The Interne, in particular, seems to have all the answers to all your concerns. Instead of having a CPA do your taxes, you do it online. Instead of going to the doctors, you sometimes just check your symptoms online! Now, even in real estate, more and more people read more
Why Virtual Tours are the Next Big Thing in Real Estate
The real estate industry has significantly evolved in the recent years. It seems like driving around different neighbourhoods to look for houses with “For Sale” signs are now replaced by browsing through online listings. We cannot deny the convenience this brings. It definitely saves you time if you could look for houses while you’re home and resting.
But what does it mean for selle read more