Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or after January 2, 2014. First Look is designed to promote owner […]
Fannie Mae Extends First Look Opportunity for Homebuyers
Fannie Mae announced recently that its First Look™ period will be extended to 20 days, providing additional time for owner-occupants and public entities to submit an offer on a HomePath property without competition from investors. The change is effective for properties listed on or after January 2, 2014. First Look is designed to promote owner […]
Real estate Q&A: How the Self-Employed Can Get a Mortgage
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it’s hard to document my income. So I’ve been getting turned down for a mortgage, even though I’m willing to make a large down payment. Any hope for me? —Trevor Answer: With banks and the federal government tightening lending […]
Real estate Q&A: How the Self-Employed Can Get a Mortgage
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it’s hard to document my income. So I’ve been getting turned down for a mortgage, even though I’m willing to make a large down payment. Any hope for me? —Trevor Answer: With banks and the federal government tightening lending […]
Real estate Q&A: How the Self-Employed Can Get a Mortgage
(MCT)—Question: I am self-employed and make a good living. I want to buy a house, but it’s hard to document my income. So I’ve been getting turned down for a mortgage, even though I’m willing to make a large down payment. Any hope for me? —Trevor Answer: With banks and the federal government tightening lending […]
How Long Does It Take to Build a House?
Thinking about building a new home, weighing the pros and cons of building versus buying, or simply curious about the building process? The 2012 Survey of Construction (SOC) from the Census Bureau shows that on average it takes about 7 months from obtaining a building permit to completing a new single-family home. Looking at the […]
How Long Does It Take to Build a House?
Thinking about building a new home, weighing the pros and cons of building versus buying, or simply curious about the building process? The 2012 Survey of Construction (SOC) from the Census Bureau shows that on average it takes about 7 months from obtaining a building permit to completing a new single-family home. Looking at the […]
How Long Does It Take to Build a House?
Thinking about building a new home, weighing the pros and cons of building versus buying, or simply curious about the building process? The 2012 Survey of Construction (SOC) from the Census Bureau shows that on average it takes about 7 months from obtaining a building permit to completing a new single-family home. Looking at the […]
Benefits of Real Estate Investment vs. Stocks and Bonds
As the economic recovery continues to build, Americans are again able to consume and invest; and with recent reports from the U.S. Census Bureau noting 34 percent of American households are rental units, investors are taking notice and rushing to reap benefits of placing investment funds in single- and multi-unit residential property. “Investor demand for […]
Benefits of Real Estate Investment vs. Stocks and Bonds
As the economic recovery continues to build, Americans are again able to consume and invest; and with recent reports from the U.S. Census Bureau noting 34 percent of American households are rental units, investors are taking notice and rushing to reap benefits of placing investment funds in single- and multi-unit residential property. “Investor demand for […]