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Here’s What Can Happen When We Buy Your Home? =
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Houston Investors Need to Keep Their Options Open When Selling
With over 90% of mortgage loans owned or guaranteed by the U.S. government, lending requirements have tightened to the point that many otherwise qualified borrowers are unable to buy a homes in Greater Houston TX, especially with higher credit score and down payment requirements as well as private mortgage insurance. FHA loans, for example, require mortgage insurance on every loan.
Home sales due to tight lending have been held back as much as 15% in some areas of the country, estimates the National Association of REALTORS®. That’s left many homeowners and homebuyers frustrated.
Americans face post-foreclosure hell as wages garnished, assets seized
Forward Written by Steve & Peggy Dancer ~ Houston TX
As known specialist in the area of Pre-Foreclosure and Short Sales in the Greater Houston area, we have seen the best and worst of humanity! The Individuals we have meet and/or represented all usually have one thing in common. They are going through an emotional & mental hell as well as a seriously unwanted financial crisis in their lives.
Lenders Not Giving Mortgages to a Wide Swath of America Hurting The Economy & Housing Market
We wanted to share this very telling article with all our Investor friends. The article below was written by Philip Van Doorn a bonified Investing Columnist and writer as well as an expert in the Home Lending Industry.
The Road to Becoming a Professional Real Estate Investor
Real estate investment is perhaps one of the most lucrative forms of investment today. But it is also equally risk bound especially when one is not well versed with the trends and nuances of the real estate market. So if you are contemplating on investing in real estate, it is best to avoid costly mistakes in real estate investment especially when you invest your hard earned time & money into it. Knowing the most common mistakes made by real estate investors helps one steer away from making such mistakes in the future and ensures the opportunity for a good return on investment.
|HOUSTON AREA LUXURY HOME BUYER SPECIALIST
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|AVOID FORECLOSURE SPECIALIST HOUSTON TX Short Sale Specialist
CALL TODAY 713.955.8950
Dodd – Frank Act | What You Need To Know About Changes To Mortgage Apps and Servicing Guidelines
There are several changes to the process of obtaining a home loan as well as to the process by which such loans will be serviced that will take effect in early 2014. Brief summaries of some of the most important changes are provided below together with links to websites that can provide additional information about each new policy.
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