Category: Investing

Tips on how to invest in real estate.

2nd home loans

2 February, 2010 (12:02) | Buyers, Investing, Real Estate, Uncategorized

Effective for new registrations on or after 02/05/10, the maximum LTV for second homes will be increased to 90% for Conventional Conforming purchases. P&I Fixed and ARM products (excludes IO and 3/1 ARMs) Loan amounts < $417,001 only Purchase transactions in Stable/Soft Markets ...

$38,888!! for 1/2-3/4 acre lots, five available

21 January, 2010 (10:54) | Buyers, Cedar City Subdivisions, Investing, Real Estate

Why be in the windy south end of town?  Sunrise Meadows is located 1 mile North of Flying L ranches. Big, new reduction! improved, build ready 1/2-3/4 acre lots now starting at an amazing price of $38,888.  This subdivision has unique cul-de-sac ...

Part-time workers qualifying for mortgages

21 December, 2009 (16:28) | Buyers, Investing, Real Estate

Income from part time work (includes seasonal and second job): Since part time income can be subject to changes in the hours worked and typically does not include benefits, calculate income by averaging the earnings for the past 2 years.  For ...

Improve your credit score

15 December, 2009 (12:18) | Buyers, Investing, Real Estate

To take advantage of the great buyers market you need to qualify for the tightened mortgage standards.  You can clean up your credit scores and therefore improve your ability to purchase, here are some pointers. 1. Pay you bills on ...

Rates remaining low!

28 September, 2009 (13:00) | Buyers, Investing, Real Estate

Today, The 30 yr fix Conventional is at 4.875% w/1pt!  5/1 arm is at 3.710% w/1pt. Mortgage rates stay at 3-month lows; Inman News Mortgage rates were mostly unchanged from last week at three-month lows after the Federal Reserve said it would stretch ...