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Showing posts from April, 2018

We Buy Houses Cash As Is - Any Area - Any Condition - Any Price Range

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Do You Own An Unwanted House - You Need to Sell Quickly?You Can Sell Your House in 10 Days or Less!We buy houses cash "As-Is" condition from home sellers looking to sell for many different reasons. Recent changes in the economy have created the need for more creative real estate solutions. There will always be a need for the traditional real estate market, but alternative solutions are important as well to keep the real estate market going.
Sell My House FastYou may be a homeowner living in a home that has been subjected to years without the maintenance required to keep your home in prime condition. Illness, divorce, or just plain being to busy are a few common reasons for neglect. At any rate, when you finally decide that you are ready to buy a new home, you are stuck trying to sell an eyesore. You don't have the money or time to fix up your house. Who would buy a distressed in need of lots of repair house?

We buy houses in any condition. We are in the business…

Choosing a Mortgage Lender ?

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There are many mortgage lenders to choose from. You should evaluate lenders on four key factors:       • Interest rates
      • Closing costs
      • Product offerings
      • Customer satisfaction Interest rates Lenders charge different interest rates, so by shopping around, you could find a better deal for your mortgage.

Interest rates are fairly consistent between lenders for fixed-rate mortgages, as lenders all base their rates on the national average and other factors. However, choosing a lender with a rate a few tenths of a percentage lower could still save you hundreds, potentially thousands, over the course of the loan. There are more differences between lenders with adjustable-rate mortgages. Lenders customize these loans because they have more flexibility to increase rates later. You should spend more time comparing lenders for an adjustable-rate mortgage because you have a better chance of finding a better deal.

Closing costs When you factor in closing costs, inclu…

How Does The Mortgage Loan Process Work ?

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Obtaining a mortgage requires several steps, including preapproval, appraisal and underwriting, before you’re ready for closing.

1. PrequalificationPrequalification will give you a quick estimate of how much you can borrow for your mortgage. You’ll share basic financial information, including your income, savings and outstanding debts. There’s usually no fee to get prequalified, and you can apply quickly by phone or online. However, getting prequalified doesn’t guarantee you’ll qualify for the mortgage.

2. Preapproval Preapproval is much more thorough than prequalification. The lender will review your financial situation, similar to when you officially apply for a mortgage. You may be required to pay an application fee.

Expect to submit complete financial documents, including: W-2s for the previous two years Pay stubsProof of bonusesYour most recent federal tax returnTwo to three months of bank and investment statements (such as brokerage, 401(k), IRA, Roth IRA, 403(b) and pensio…

Cash for Keys Agreements - Help Homeowners Going to Foreclosure

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A cash for keys agreementis a contract between a mortgage lender and a homeowner that is struggling to pay his monthly obligation. Typically, the lender offers a cash incentive to the borrower for him to voluntarily vacate the property — free move out money. A cash-for-keys agreement is never mandatory, rather it is an option that some lenders agree to in certain situations in order cut their losses by avoiding lengthy and expensive foreclosure proceedings. In fact, most lenders will not offer “cash for keys” to borrowers in default; it is up to the borrower to propose this solution.

Cash for Keys” apply in two areas of real estate: loans and leases. In such a scenario, a cash for keys is a graceful exit that ensures that a homeowner vacates the property without having to complete the foreclosure process.

On the other hand, landlords can negotiate cash for keys agreements when they want to get rid of tenants occupying their rental households. The tenant can receive a cas…