Their rates float 3 - 5 percents above traditional, but you do not have to submit all of the paperwork that is required for traditional loans

It is not the same policy as what a traditional policy covers and they will ask and You could lie on your disclosure form but if you filed a claim you’d be liable for insurance fraud and not getting the money .

Looks like you are licensed Agent...fortunately the mail works just as well if not better for licensees as it does non (the majority of people in the U.S. will sell traditionally)If you spend any amount of time on the site I'm sure you've seen hundreds of conversations and thousands of pages concerning the use of mail in this business.

This would seem to make it nearly impossible for someone to use traditional bank financing to purchase a property at a sheriff sale.  

People who can slip through the cracks know very little about money management and investment risk, but just won the lottery, received a large inheritance, or signed a major-league sports contract.

For this reason, with "traditional" companies, like State Farm, it is vital that values of property are accurately reported and updated annually to reflect inflation and other increases in cost.

They may also state that they will not pro rate taxes or pay closing costs or transfer taxes despite what is traditional in your area.

Ian Handel Matthew Menning, and Chris Payne,If you haven't already, consider attending NHREIA - www.nhreia.comWhile it is a traditional REIA and does sell memberships and courses, it is not at all high pressure and is not expensive.

But if you went from 680 to 660, the problem isn't so much a little ding to your credit score as it is the fact that your credit score isn't what most lenders want to see.Finally, echoing what Joel said, unless you're an owner-occupant, forget about borrowing from a traditional lender with less than 20%.

In Greater Phoenix, there are three levels of comps: Traditional Sales, REO's and Preforeclosures (Short Sales).