Some DFW REO Lenders Won't Sell Their Bank Repo to You
Friday, December 04
Many DFW homebuyers are chasing after bank repos and foreclosures and are discovering that some REO often referred to as REO’s (Real Estate Owned) lenders will not sell a bank repo home to them. These banks can name their own terms and conditions under which they will sell their bank owned homes...
Financing and Your Offer
Monday, October 26
Since most buyers do not have enough cash available to buy a home they need to finance their purchase. Take a look at the things can affect your offer. The Down PaymentYou will need to disclose the amount of your down payment. This allows the seller to evaluate the likely hood of you being able...
Plano Buyers & Sellers Must Agree
Monday, October 26
When buying a Plano home there are all kinds of people and services that are involved to make it all come together for closing. Because many of these services affect both the buyer and the seller, there needs to be agreement about which vendors the parties will use for these servicers. When the...
FHA and VA Financing / the Way Your Offer Should Be Structured
Monday, October 26
If you purchasing a home and you are obtaining a VA or FHA loan to do so, that information must be included in your written offer. This is necessary on these government insured mortgages because these mortgages place additional financial cost and performance obligations on the seller.FHA and VA i...
Appraisals VA & FHA
Monday, October 26
Appraisals for DFW home sales include inspections and are more comprehensive than appraisals with conventional financing and they are also more expensive. These appraisers are required to perform certain minimum inspections as well as evaluate the market value of the subject property. These inspe...
Buying a Home? Consider Resale Value
Monday, October 26
Homes with a nice view, like a gold course, cityscape, water view, often sell at a premium above similar homes without a view. If a view is important to you be prepared to pay the price for it. You will need to place a considerable dollar value on the view. When it comes time to sell the home y...