House Flipping

House Flipping Risks And Rewards Buying And Selling Flipped Homes

House Flippers are thriving. Many house flippers have lost their entire fortune in the 2008 housing crisis but are now enjoying the lucrative housing market. With the combination of the booming housing economy, low mortgage rates, the introduction of new non-QM loan programs for real estate investors, and the low inventory of housing, real estate investors are buying up any potential flip. This holds true even with a huge markup.

Most Affordable States To Purchase Homes

Most Affordable States To Purchase Homes In 2021

This Article Is About The Most Affordable States To Purchase Homes In 2021 Home prices have been skyrocketing since 2013 with no sign of a housing correction. Adding fuel to the fire on the hot housing market is the historic low mortgage rates. Today’s 30-year fixed mortgage rate is at 3.25% for prime borrowers. The…

States With Highest Property Taxes

States With Highest Property Taxes For Homeowners

This Article Is About States With Highest Property Taxes For Homeowners States With Highest Property Taxes For Homeowners Many home buyers thinking of relocating to another state often wonder what are the states with higher property taxes. Many homeowners who have remote jobs or have their children off to college often think of relocating One…

The Tax Benefits of Investing in Real Estate

The Tax Benefits of Investing in Real Estate Properties

This ARTICLE Is About The Tax Benefits of Investing in Real Estate Properties The Tax Benefits of Investing in Real Estate Properties Can Save Thousands Of Dollars In Paying Federal Income Taxes For Many Years: Real estate investors can save tens of thousands of dollars in taxes. There are countless writeoffs and unreimbursed expenses real…

Your credit balance affects your credit performance

How Credit Balance Impacts Credit Scores To Qualify For Mortgage

Borrowers Need To Realize How Credit Balance Impacts Credit Scores To Qualify For Mortgage: The key to getting a low mortgage rate is to maximize your credit scores prior to applying for a mortgage. It can simply be done by paying down your credit card balance to a 10% credit utilization ratio.

Is Credit Repair Needed To Qualify For Mortgage

Is Credit Repair Needed To Qualify For Mortgage Loans

Should I Repair My Credit Prior To Consulting With A Loan Officer To Qualify For A Home Loan? The answer is absolutely not. Credit repair can do more damage during the mortgage process than help. You cannot have credit disputes during the mortgage process on non-medical collections, charged-off accounts, and late payments. Retracting credit disputes can backfire and drop consumer credit scores.

Stock Market Correction Drives Mortgage Rates Lower

Stock Market Correction Drives Mortgage Rates Lower

This Article Is About Stock Market Correction Drives Mortgage Rates Lower The Dow Jones Industrial Averages and all other market indices opened lower again due to fears of the coronavirus epidemic. Never in history has the markets reached an all-time high and plummeted into correction territory. The stock market is considered to be in correction…

Low Mortgage Rates
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Home Loan With Low Mortgage Rates On Purchase And Refinance

This Article Is About Home Loan With Low Mortgage Rates On Purchase And Refinance The first thing most homebuyers think about when they have decided to buy a home is mortgage rates. What are the mortgage rates and what is the best mortgage rates they can qualify for?  Low mortgage rates mean lower payments and…

Buying House During Recession For First Time Home Buyers
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Buying House During Recession For First Time Home Buyers

This Article Is About Buying A House During Recession For First Time Home Buyers Buying A House During a Recession For First Time Home Buyers is one of the major concerns. Most home buyers have heard of the 2008 Great Recession and Real Estate Collapse. Home prices have been rising for the past several years…

NON-QM Versus Traditional Mortgage

NON-QM Versus Traditional Mortgage Performance

This Article Is About NON-QM Versus Traditional Mortgage Performance On this BLOG, we will compare NON-QM Versus Traditional Mortgage performance rates. Statistics on NON-QM Versus Traditional Mortgage provide data that non-QM loans are performing better than traditional government and conforming loans. NON-QM Loans are alternative portfolio loans. These loans are for use by borrowers who…

Survival Of Small Businesses In Illinois

Survival Of Small Businesses In Illinois After Democrats Gain Control

This Breaking News Article Is About The Survival Of Small Businesses In Illinois After Democrats Gain Control First-term rookie Illinois Governor JB Pritzker was the first governor to issue a statewide executive stay-at-home order last March 2020. What this means is JB Pritzker has shut down the whole state of Illinois in March 2020. Under…

Mortgage Rates Skyrocket

Mortgage Rates Skyrocket To Highest Level Since November 2020

This BREAKING NEWS Article Is About Mortgage Rates Skyrocket To Highest Level Since 2020 The housing market has been booming throughout 2020 and was expected to continue well into 2022. However, the surging yields on the U.S. Treasury Bonds have skyrocketed mortgage rates in recent days and weeks. Housing values have literally gone through the…

Home Loan After Deed In Lieu Of Foreclosure

Qualifying For Home Loan After Deed In Lieu Of Foreclosure

This Article Is About Qualifying For Home Loan After Deed In Lieu Of Foreclosure Home Buyers can qualify For a Home Loan After Deed In Lieu Of Foreclosure. Government and Conventional Loans require mandatory waiting periods for borrowers who need to qualify for home loan after deed in lieu of foreclosure. FHA and USDA treat…