What Does REO Mean? Real Estate Owned

What Does REO Mean? Real Estate Owned and REO stand for banked owned property from a foreclosure. Buy a REO properties. Maybe get a good deal, but do your inspections, use a real estate agent. (What is an REO)

Ask A Real Estate Agent What Your Home Is Worth

How does a realtor know what my home is worth? Ask A Real Estate Agent What Your Home Is Worth. Real estate agents are very knowledgeable when it comes to determining the value of your home. Selling your home, refinancing your home, getting divorced, talk to a real estate agent first to get an idea of your home's value before you make plans and pay for an appraisal. (What is my home worth?)

How Do I Know What My Home Is Worth?

How Do I Know What My Home Is Worth? Determining the value of your home can be achieved by many valuation methods. Are you looking to sell your home, refinance your home, or just know so you can sleep at night? Depending on your reasons, you will pick an appropriate valuation method to determine the value of your home. (What is my house worth?)

Real Estate Articles

How do I get a mortgage?

How Do I Get A Mortgage? Qualifying for a mortgage requires meeting particular guidelines. To Qualify, every borrower must show ability to pay, willingness to pay, and credit worthiness. There are different ways to qualify as long as the basics are met. Your first step should be to speak with a loan officer and see what documentation you will need for the loan. (How do I get a mortgage?)

Home Buyer Articles

What Are Points? Should I Pay Points?

Should I pay points? What Are Points? Should I Pay Points? Paying points lowers your mortgage interest rate. Answer the question Do I Pay Points Or Not based on Money, Budget, and Time. You need to consider how long you are going to stay in your home to really see if it is worth the extra money.

Should I pay points for a mortgage?

What Is A Mortgage Broker?

What is a Mortgage Broker? A Mortgage Broker arranges mortgages for home buyers and home owners. Mortgage Brokers have flexibility in the loan programs they can offer, offer a wide variety of loan products, some can offer FHA mortgages and Reverse Mortgages.

What is a mortgage broker

Do Not Get Fooled By The Yield Spread Premium

What is yield spread premium? Yield Spread Premium is the difference between a mortgage broker and mortgage lender. Mortgage Brokers disclose Yield Spread Premiums on the Good Faith Estimates and Mortgage Lenders do not. (what is YSP)

First Time Home buyer articles