Jamie Russen's Blog

Expectations of a Home Inspection Report As there are several steps taken during the home buying process, so there are a number of occurrences expected, but unfortunately some things arise which are not expected and it is the unexpected occurrences that most home buyers wish to protect themselves...

The Student Loan Impact on Mortgage Qualification In the article 'Don't Let Student Loans Prevent You From Qualifying for a Mortgage' written by Deborah Fowles and published to the About.com Financial Planning website, it is indicated that “...75% of college graduates with student loans said tha...

Tax Deductions Impact Mortgage Approval  Before proceeding to the types of tax deductions (write-offs) that could impact the mortgage qualification and approval process, it is necessary to distinguish between those mortgage applicants who are affected, and those who are not. Mortgage applicants ...

How Pre-Approvals and Pre-Qualifications Differ The terms pre-approval and pre-qualification have at times been used interchangeably as if they have the same meaning; and for those who may not be as interested or sophisticated in matters relating to the purchase of real estate (both residential ...

Qualifying for a Mortgage After Bankruptcy  It would be reasonable for an individual to assume that s/he could still qualify for, and get a home mortgage loan approved, after having been forced into bankruptcy (chapter 7 or 13), a legal option made available by our government to citizens and leg...

How to make your offer stand out from the rest    Figuratively speaking your home purchase offer can stand out like a bright green object among a group of dull gray objects if you take certain steps to improve its attractiveness. The question of how this can be accomplished will be discussed thr...

How can buyers gain equity by using an FHA 203K Loan When discussing the FHA-insured 203k rehabilitation mortgage loan, two scenarios are often included in the discussion. The first is a property's “as-is value”, and the second is the “after-repaired value” of that property. For the purpose of t...

Costs New Homeowners Fail to Prepare for It is true that a lot of planning and preparation goes into buying a home whether the buyer is a first time home buyer or an individual who has bought property before. Although most of the home buying preparation involves getting together documents and ma...

How to best prepare for selling your home When contemplating the sale of their property many home owners must take a number of steps and perform a variety of actions in order to properly prepare the home and its surroundings to be listed, inspected by potential buyers and appraised. Some of the ...

  Real Estate Spotlight - Delaware County, PA It is one of 67 counties in Pennsylvania. It's location is just southwest of Philadelphia city-county. This county derived its name from the Delaware river, and it is comprised of 49 unique municipalities with a total population of 558,979 as of the ...