What's holding you back? Maybe it's your credit score or the thought of a down payment. Buying a home is more affordable than you might think! Don't spend your hard-earned money paying someone else's mortgage when you can afford to buy your own home....
Learn the Difference between a Loan Pre-approval Letter versus a Loan Commitment Letter. Information brought to you by Sheryl Petrashek, Real Estate Agent....
Here are four great reasons to consider buying a home today, instead of waiting. What's the difference between paying a mortgage and paying rent anyhow? 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last...
If You're Wondering, "Can I Get a Mortgage After Foreclosure or Short Sale?" the answer is YES. [caption id="attachment_1932" align="alignleft" width="300"] Loan Modifications can help you keep your Home![/caption] Whether you're looking for an FHA, Conventional or VA loan after Short Sale or Foreclosure, I'm here to help...
Pre-approval Letters are nearly mandatory in today's real estate market. They have been around since the mid 1990's when I became a Realtor. A few years ago, an additional option for verifying the Buyers' Loan Status became available and incorporated into our standard Minnesota Purchase Agreements. This additional...
There are important things to consider when you buy a condo in today’s market. Buyers should carefully read and review the financial disclosures, operating expenses and financial reserves of any association. I always suggest to my clients, the reserves held by an association should be equal...
Loan Modifications have helped many homeowners and banks are approving modification requests more often. Many Banks have streamlined their process. There are several new programs including the HAMP program for loan modification and HAFA, a program to assist homeowners through the short sale process. The Minnesota...
[caption id="attachment_1370" align="alignright" width="300"] Loans for Condos and Townhouses[/caption] Financing Condos in today's real estate market is more difficult and sometimes more expensive than buying a Townhouse. The reasons are related to financing and insurance. Click here for a definition of the difference between Condos and Townhomes. 1) Condominium...
