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March 25, 2015

 

 

LEASE OPTION, most commonly known as RENT-TO-OWN, is one technique that can help you get out of your house. There are so many benefits in using this type of strategy.

 

Why a LEASE/PURCHASE (RENT TO OWN) is right for you?

 

At some point in your life you have probably done both of these: Rent an apartment, bought/sold a house. A LEASE/PURCHASE AGREEMENT is a combination of the two, a lease agreement comb...

December 16, 2014

FHA LOAN - How do you qualify?

 

 

The first step to qualifying for an FHA loan is to work with a loan officer at an FHA approved lender. General guidelines that the loan officer will discuss with you for FHA loans include:

 

  • Documenting an employment history over the last two years.  FHA guidelines consider the last two years of employment and look at a steady pay history or employment with the same em...

December 15, 2014

To FORECLOSE OR SHORT SALE

 

When it seems like you have your back to the wall, you tend to not think about your options when you are in default on your mortgage. It is a very stressful time. Your head is spinning.

 

Here are some options for you to consider when in default:

 

1. Reinstatement of Loan (Cure): This option is paying the lender everything that is owed in one lump sum to include missed payments,...

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