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Category Archives: Real Estate
What is a short sale
A Short Sale, also known as a Pre-Foreclosure happens when a borrower/home owner owes more on their property than what the current market value is. In this type of sale/transaction the Seller is asking the lender(s) to take less than … Continue reading
Locking your interest rate for your home loan
Step 2. (Confirm/lock rate) At this stage you are already been pre-qualified by your loan officer and his file already includes your income and asset documentation which should have been collected in step 1. At this stage you have selected … Continue reading
Posted in Lending & Mortgage News, Real Estate
Tagged home buyer tips and information
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