What the New Mortgage Rules Mean for Borrowers

What the New Mortgage Rules Mean for Borrowers

Whether you’re refinancing your home loan or planning to buy a home in 2014, you’ll be among the first consumers to apply for a mortgage under new rules established by the Consumer Financial Protection Bureau. Known as “Qualified Mortgages” or QM regulations, these...
Death, Divorce and Distress in Closings

Death, Divorce and Distress in Closings

eathivorceistress The 3 D’s will almost always delay a closing if they are discovered late in the game. DEATH If the property is held by someone who has passed away there are steps that must be taken to sell the property. If the property is held as “Joint...
How to Spot Rental Scams

How to Spot Rental Scams

There’s no doubt that fraudsters are becoming more adept at duping renters, but common sense still goes a long way. So does the old adage, “If it seems too good to be true, it probably is.” Find A Rental—Not A Scammer These days it’s easier...
Credit Repair: How to Tell Fact from Fiction

Credit Repair: How to Tell Fact from Fiction

While the real estate market and the overall economy continue to demonstrate signs of improvement, the current lending environment is still a dicey road for many prospective homebuyers. Stringent credit requirements are still widespread among lenders, making improving...