The fallout from a fragile economy may send REOs and short sales back on the rise in the coming months, according to a new report released by Clear Capital.
___________________________________________________________________________________
Starting Sept. 14, the U.S. Department of Housing and Urban Development is including a mandate that instructs lenders to inform borrowers when they first meet to get a home inspection prior to purchasing a home.
___________________________________________________________________________________
The National Association of REALTORS® finds that July 2015 existing-home sales are markedly higher than the 10-year July average.
___________________________________________________________________________________
A good credit score can pay off because the rates borrowers get between the highest and lowest acceptable FICO scores can vary by more than 2.4 percent, according to the Fair Isaac Corp.
___________________________________________________________________________________
“It’s easy to sell. The key is getting the extra $100,000,” says one local real estate agent.
___________________________________________________________________________________
Find out why now is a good time for rural buyers to take advantage of this little-known loan program from the U.S. Rural Housing Service.
____________________________________________________________________________________
