January 23, 2007

Mortgage Broker Company - Appraisal Tips

Filed under: Mortgage Broker Company - 23 Jan 2007

The lender provides an assignment order form along with a sale contract.  The appraiser must have ready access to the property. Have your home clean and organized.  The will take measurements and look at the water heater, AC etc. If …

Mortgage Broker Company - 4 types of buyers

Filed under: Mortgage Broker Company - 23 Jan 2007

Speculators - Investors - End Users- the Second to Fifth Home Market

Speculators flip the properties to get a quick profit.

Investors hold property longer and consider real estate a tangible asset.

End users seek a primary home.

Second to Fifth - the wealthy have …

January 20, 2007

Mortgage Broker Company - A cash back mortgage

Filed under: Mortgage Broker Company - 20 Jan 2007

A common type of mortgage is a cash back mortgage. This can occur when a real estate agent is setting up a deal to sell a specific home or the person has perfect or near perfect credit. 

Usually the cash back …

January 19, 2007

Mortgage Broker Company - Land Investment

Filed under: Mortgage Broker Company - 19 Jan 2007

The difference between a realtor and a real estate investor is that the realtor sell other people’s property and a real estate investor buys and sells their own property.

Real estate housing prices go up and down periodically some say every …

Mortgage Broker Company - A House In Georgia

Filed under: Mortgage Broker Company - 19 Jan 2007

I went and looked at some houses in Georgia near the area of Atlanta.  I was amazed at what a house you could get for the money.  By this I mean on the outskirts of Atlanta. 

In Atlanta of course it …

January 18, 2007

Mortgage Broker Company - Mortgage approval with a co-signer.

Filed under: Mortgage Broker Company - 18 Jan 2007

A co-signer helps give the lender an additional guarantee. 

You co-signer should have a good credit score.  This means their credit report will be looked at during the process of qualifying for your mortgage.

The person applying for the loan is responsible …

January 9, 2007

Mortgage Broker Company - Getting a good mortgage rate.

Filed under: Mortgage Broker Company - 09 Jan 2007

Getting a good mortgage rate is essential for being able to make monthly payments and establishing a good credit rating.

To get a good rate you need to research beforehand to be prepared to negotiate, you may use collateral for a …