A real estate appraisal is required by mortgage lenders prior to them approving your home loan. The appraisal must state that your home is worth the amount you are borrowing against it. This is to ensure the lender can sell the home to get their money back if you are […]
Monthly Archives: August 2018
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By taking out a mortgage, you are using your property as a security against a loan. If you are sure that you will be able to pay back your loan, then this is a great idea. It will allow you to get good leverage with banks in order to finance […]
The year 2016 marked the twelfth consecutive year home ownership in America fell. Fewer and fewer Americans can afford the hefty down payments and requirements necessary to purchase a house. If you have bad credit, the situation is even grimmer. But that doesn’t mean it’s impossible. Numerous programs have been […]