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16 October 2024 | 2 replies
Here's the latest market report (based on single family homes): Mortgage Rates:30-year conventional rate today is 6.61%30-year VA rate today is 6.14% Median Sales Price:July: $487,483August: $480,000Sept: $490,000 New Listings:July: 2,068August: 2,198Sept: 1,910 Median Days on Market Until Sale:July: 14August: 16Sept: 20 Months Supply of Inventory:July: 2.8August: 3.1Sept: 3.1 What does "Months Supply of Inventory" mean?
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30 October 2024 | 236 replies
Or, he wants quick sale, can't afford to wait for underwriters to find zillions of reasons to deny the conventional loan (which they most likely will, because the house is in need of major repair.
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15 October 2024 | 10 replies
However, it does demand solid digital marketing expertise to see positive results.
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29 October 2024 | 131 replies
We've always gone through conventional lending and working with distressed sellers and creative financing is totally new to me.Sue Manseau
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19 October 2024 | 16 replies
All of my deals have used different types of conventional financing strategies.
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13 October 2024 | 6 replies
I had a client right after Hurricane Michael who initially got offered half of what his damage actually was worth, but a skilled adjuster managed to get him a much more reasonable payout.Keep a Backup of All Your Documents:Store both digital and physical copies of everything-your insurance policy, receipts, photos, and videos.
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16 October 2024 | 13 replies
Between risky behavior of bankers and then the government not wanting to make a housing crisis worse, 15% down programs are the best we have right now. 10% down is still available for vacation / 2nd homes, but for the purposes of conventional investment loans - 10 down.
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11 October 2024 | 15 replies
Conventional financing for fractional ownership---who is gone mainstream with this type of financing?
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15 October 2024 | 2 replies
My debt-to-income levels, by conventional banking standards, are good but not great.
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17 October 2024 | 14 replies
For a conventional loan….that’s how it is.