Finding the Right Loan

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What Size Mortgage Should You Get?

What Size Mortgage Should You Get?What Size Mortgage Should You Get? One benefit of buying real estate is that you can use someone else's money to finance the purchase. This way, you tie up a small amount of your own cash relative to the purchase price. If the price of the property goes up, you earn appreciation on the entire asset, not just on the amount you invested....

Listing Last Modified: Thu Mar 06 2008

 


Views: 70

When Does it Make Sense to Use a No-Point Mortgage?

When Does it Make Sense to Use a No-Point Mortgage?When Does it Make Sense to Use a No-Point Mortgage? If you've been shopping for a mortgage, you've probably found there is a range of interest rates available depending on how many points you're willing to pay. The more points you pay, the lower the interest rate. Points is a term used by the lending industry to refer to the loan...

Listing Last Modified: Thu Mar 06 2008

 


Views: 63

When is It Safe to Remove a Financing Contingency?

When is It Safe to Remove a Financing Contingency?When is It Safe to Remove a Financing Contingency? Most buyers take out a mortgage when they buy a home. So, most purchase contracts include a financing contingency that lets the buyers out of the contract if they are unable to get a mortgage. The financing contingency should include the terms of the mortgage you'll be applying for: the...

Listing Last Modified: Thu Mar 06 2008

 


Views: 62

Why Isn't My Home Appraising for What I Think It's Worth?

Why Isn't My Home Appraising for What I Think It's Worth?Why Isn't My Home Appraising for What I Think It's Worth? Homeowners are often disappointed when the refinance appraisal of their home comes in lower than expected. For some owners a low appraisal is simply insulting, for others it can put their refinancing plans into jeopardy. People refinance their homes for a variety of reasons. The...

Listing Last Modified: Thu Mar 06 2008

 


Views: 67


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