ARCHIVED BLOG POSTS
2010
Despite an excess of loans and lenders, comparison shopping has been eased by the development of computer-loan origination systems and mortgage-reporting services - firms that survey major lenders in metropolitan areas every week or so and publish information sheets on who is offering what loans ...
04/04/2010
There is no way to guarantee a "smooth" path from an approved contract to the settlement table, but doing your part is at least half the job. Expect minor problems and delays along the way. On the seller's side, title problems are a common cause of postponed settlements. On your side, bureaucrati...
04/04/2010
1. Spending more than you make. This can lead to real danger in not being able to afford to purchase. Create a budget you can live with and cancel credit cards you do not use before applying for a loan. 2. Not Saving Enough for Down Payment and Closing Costs. Be sure to include these ite...
04/04/2010
1. Not doing your homework. Enter the market well-prepared by researching location, school district, deed restrictions and taxes. 2. Trying to make a shrewd investment. Focus on finding the best place for you and your family to live rather than trying to predict the real estate market. 3. Ch...
04/04/2010