Monthly Archives: May 2012

Waiting Periods Required After Short Sale

Waiting Periods Required After Short Sales A short sale is a home that sold but the sales price didn’t cover the amount owed to the bank. Therefore; a short sale is considered a derogatory credit event. Let’s explore the difference … Continue reading

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Third-Party Accounts Protect All Parties to a Home Mortgage Loan…When taking out a home mortgage loan, you’ll encounter the issue of having an escrow account with your lender to handle payments for your homeowner’s insurance and property taxes. Some lenders … Continue reading

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Your First Home Can Help Buy Your Second Home Are you thinking about purchasing a vacation home, second home or investment property? If so, you may be able to use your first home to finance it. Homeowners who have equity … Continue reading

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