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Frequently when purchasing a new home, or if you are a new home buyer, buyers do not pay attention to all the extra fees that are included in the purchasing process. The following is a list of common fees to be aware of: Loan Application – applies to many types of loans and is for […]
Many folks do not realize that it is even possible to acquire a home loan with little or even no money for a down payment. We are here to tell you, yes you can! You just need to do your homework in finding the right program to assist you or what programs are available in your area. […]
FDIC Proposed Rulemaking: Residential Real Estate limit for Appraisal Requirements The Federal Deposit Insurance Corporation (FDIC) are proposing a new rule to raise the starting point for residential real estate sales requiring an appraisal to be triggered at $400,000. The reason for this is due to the concerns over the costs as well as the […]
In approaching the end of 2018, there are markets that have begun to show signs of a downturn. This includes some popular metropolitan cities that have been leaders in the post recession housing boom; many predominantly located on the West Coast. The most common indicaters of a downturn are: an escalation of houses on the […]