June 14, 2015
Hiring a Real Estate agent to sell your home is not risk-free, make sure your agent is providing you with the services you expect.
November 14, 2013
Jumbo financing consists of a mortgage loan in an amount above conventional conforming loan limits. Currently that limit is set at $417,000. These loans do not “conform” to Fannie Mae (FNMA) or Freddie Mac (FHLMC) loan guidelines.
November 13, 2013
In some situations, it is beneficial to both you and the lender to conduct a short-sale rather than proceed with foreclosure. For the seller, it is definitely beneficial in that it is a slap on your hand credit-wise as opposed to a major hit like foreclosure. The down side of a short sale is that the process takes from 3-7 months depending on the lender.