ARM Is this the Best Mortgage Loan for You?
While there are many different types of mortgages, one of the most popular is the Adjustable Rate Mortgage, also referred to as ARM. In this case, the amount of interest would fluctuate based on the current market. Because of this, the monthly mortgage payment [...]
FHA 203K Rehab Loan – Buy Or Repair Your Home!
Certainly you have heard about the negative news recently about the real estate market and the surplus of foreclosed homes on the market. You may be thinking that right now is a great time to take advantage of the low interest rates and purchase one of [...]
The much-anticipated extension to the home buyer tax credit has finally been approved. The President signed the extension into law last month.
If you are looking to purchase your first home, you have been eligible for tax credits of up to $8,000 since last January as part of this year’s economic stimulus package. You will continue [...]
Although we have seen millions of homes go into foreclosure in the past two years, homes can be defaulted on in other ways. In fact, before the deadline, many of these homes will sell using what is known as a short sale, something that investors and homebuyers look for. In both the short [...]
