New FHA Leeway for Approvals

New FHA Leeway for Approvals

Having a low FICO score usually means there is no way for you to quality for a FHA mortgage, but changes to the underwriting process August 2015 means that more borrowers may quali....

Why Downsizing is the New Upsizing

Why Downsizing is the New Upsizing

Most people think of downsizing as something you do in retirement. The kids are grown, the nest is empty and you have all this space just gathering dust or taking up your free time....

Want to Become a Real Estate Investor? Think about Buying a “Live In” –Plex

Want to Become a Real Estate Investor? Think about Buying a “Live In” –Plex

As a first foray into investment property, buying a duplex, triplex or quad and living in one unit might be the way to go. In the current market, entering into rental ownership mig....

Slower Closing Procedures Soon in Effect

Slower Closing Procedures Soon in Effect

This year, the Consumer Financial Protection Bureau (CFPB) begins requiring banks to provide consumers with a longer window in which to review loan documentation. The new rule, pot....

Preparing to Sell Your House in the Fall: Boomers and Millennials Don’t Follow the Spring Trend

Preparing to Sell Your House in the Fall: Boomers and Millennials Don’t Follow the Spring Trend

If you put your home on the market in the Spring, and it hasn’t sold, you’re probably thinking about taking it off the market until next year. Conventional wisdom says ....

New or Pre-Owned Home?

New or Pre-Owned Home?

Some homebuyers want nothing but a brand-new home with pristine appliances, sparkling bathtubs and stickers still on the windows. Others look for established homes in neighborhoods....