What an FHA loan does.  FHA guarantees to the mortgage company, your lender, the amount of the loan you are obtaining.  A FHA loan requires at least 3% down of the purchase price of the home you have chosen. A …

One way to invest in property if you have a small budget is to buy a cheap house and then fix it up.  Or you can look for a house that has not been completed yet and complete the inside …

Sometimes it seems it tough to sell your home.  No offers come in. Other homes get purchased.  Well here are som helpful hints to get ready to sell your home.

Look at your house objectively.  You have probably lived there along …

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 …

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 …

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 …

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 …

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 …

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 …

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 …