Monthly Archives: May 2012

Trying to obtain a mortgage for buying a home today can be incredibly challenging even for those with good credit and it could become even more difficult before it gets easier. This has many home buyers turning to seller financing which can bring many benefits but also comes with its fair share of dangers too. What do you need to know?

Access to mortgage financing remains one of the most important factors needed to continue to fuel a real estate recovery. Unfortunately, mortgages could become much harder to get it some have their way, making educating buyers on how to boost and maintain their credit scores essential.

Buying your first home can be one of the best financial moves of your life but also one of the most complex. The real estate agent you work with can make all the difference in how good of a deal you get, keeping your deposit money safe and closing on time.

News of multiple offers, bidding wars and buyers even paying well over asking prices are popping up all over the country. So if you are selling a home how can you spur this type of interest and action on your property?

Code issues and violations can be some of the biggest challenges to selling a home, especially in the current market. Do you know what liens and fines are really being levied against your home? Did you know that violations can prevent you from selling your home or buying one?

Is wholesaling real estate still the best investment strategy? Some have recently complained that foreclosure auctions are being rigged; bank owned REOs have too much competition and that multi-million dollar buy and hold investors have pushed up the price of REOs 5.5% over the last 12 months, shrinking spreads for those flipping houses.

An incredible number of Americans have suffered damaged to their credit scores in the last few years while lending standards for home loans have become increasingly tougher. This doesn’t mean that you should give up on buying a new home by any means. Begin rebuilding your credit now and you could see your credit scores rebound and be able to buy a new home and get a mortgage sooner than you think.

Short sales remain one of the best options for underwater homeowners to stop foreclosure, get out of debt and obtain a fresh start. The sooner you can start over the sooner you can begin to rebuild your financial future. However, time is running out for homeowners to take advantage of the best benefits of short sales. Those who wait could find the best options quickly become far more costly.

Foreclosure properties still offer huge discounts for home buyers looking for new residences, vacation homes and investment properties but are you really prepared for the potential work involved?

Flipping houses may be more popular than ever at the moment but is rehabbing properties or at least making home improvements really still profitable?