This gallery contains 15 photos.
What is a Bond for Deed? A Bond for Deed is actually a Deed in Trust and is used as a type of owner financing. It is in fact, an interim finance program whereby the deed is held in trust by a bonded … Continue reading
This gallery contains 3 photos.
Reports are surfacing once again relative to rental housing scams. Awhile back GSREIN alerted its members that the Federal Bureau of Investigation had issued a consumer alert affecting real estate listings in a rental housing scam. The scam involves Criminals searching … Continue reading
This gallery contains 9 photos.
NO Money? NO Credit? . . . .NO Problem! Rent to Own . . . . Lease Purchase . . . . Owner Finance . . . . First of all, if the first line sounds a bit dumb, … Continue reading
Tagged bond for deed, buyers, credit, credit score, debt, finance, home, home loan, interim fincnce, landlord, lease, lease purchase, option to purchase, owner finance, poor credit, real estate, rent, rent to own, st tammany, tenant
This gallery contains 12 photos.
I’ve had the privilege to work with some wonderful clients. Included are letters from just a few of them. . . . . It was a bumpy road, but so worth it!! My husband and I had been trying to … Continue reading
This gallery contains 23 photos.
SELLING A HOME? . . . .WHAT EVERY HOME SELLER NEEDS TO KNOW Have you noticed how many ‘For Sale’ signs there are today? Does it seem like some just don’t sell as fast as others? Well, you are right. Selling … Continue reading
Tagged advice, buyers, curb appeal, for sale, home, homes, how to, information, listing, mandeville, market conditions, pricing, real estate, sellers, selling homes, slidell, st tammany, staging
This gallery contains 8 photos.
Navigating Short Sales: What to Do When the Sale Price Leaves You Short If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of … Continue reading
Tagged bank repo, bankruptcy, debt, default, distressed, distressed property, finance, for sale, foreclosure, home loan, loan modification, mortgage, mortgage default, mortgage forgiveness act, real estate, repo, reposession, short sale, st tammany
What is an FHA loan? The word ‘loan’ is a bit of a misnomer, since Federal Housing Administration (FHA) loans are not loans at all. What the FHA does is insure loans so that lenders can offer mortgage assistance to … Continue reading
Tagged bank repo, buyers, credit score, FHA, finance, for sale, home loan, loan, mortgage, pre-approval, pre-qualification, real estate
Reprint from The Mortgage Professors Website, April 19, 2004, Revised November 28, 2006, October 2, 2007, Reviewed April 10, 2011 — © 2011 Mortgage Professor The cost of using funds in a 401K as down payment should be compared with … Continue reading
What’s the difference??? There are three types of home-sales that require you to be Pre-Approved. REO’s (home foreclosures) Short Sales (sale price is lower than the sellers mortgage payout) ‘Relos’ (homes being sold by a seller’s relocation company) Add to that, ordinary … Continue reading
Tagged bank repo, credit score, foreclosure, home loan, loan, mortgage, pre-approval, pre-qualification, real estate, repos, reposession, short sales
This gallery contains 10 photos.
“If I’m not buying a repo or a ‘short sale’, why do I have to be pre-approved?” The answer to this will quickly become obvious once you understand what it means to be a seller in today’s market. In fact, … Continue reading
This gallery contains 18 photos.
Slidell – A Boater’s Paradise If you are tired of the same ol’ same ol’, you must take a closer look at Slidell. This small city is indeed a boater’s paradise! No other community in Louisiana has as many beautiful … Continue reading
Tagged bayou, boating, camps, canal, clipper, condo, eden isles, elegant, for sale, gated, homes, lake pontchartrain, lakeshore, moorings, navigable, northshore, oak harbor, real estate, rigolets, sailing, slidell, waterfront, weekend
This gallery contains 7 photos.
A ‘short sale’ occurs anytime the net proceeds from a sale of a home are less than the amount needed to pay out the mortgage and any other liens that might be against a property. What You Need to Know … Continue reading
This gallery contains 2 photos.
The following is a reprint courtesy of HUD.Cov, US Dept of Housing and Urban Development The Section 203(k) loan program is HUD’s primary program for the rehabilitation and repair of single family properties. As such, it is an important tool … Continue reading
This gallery contains 6 photos.
Have you had a bankruptcy in the past? Had debts that went to ‘Collection” and were written off? Do you think because bill collectors don’t call anymore, it’s all forgotten? Wrong!! Not only is it not ‘forgotten’, you have to … Continue reading