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requirements : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "requirements"

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Foreclosure Rescue Victim Awarded $700,000

Like a small number of states, Maryland has a tough law to protect homeowners against what are called foreclosure consultants or foreclosure rescue consultants. The idea is that “foreclosure rescue” is allowed in Maryland — but only if certain conditions are met. Now a court has awarded more than $700,000 to a homeowner facing foreclosure [...]

20Jul2010 | | 0 comments | Continued
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Six Steps to Simple Refinancing

In the new mortgage era — the one which requires real income and great credit — you know with absolute certainty that lenders will want an assortment of paperwork to complete a loan application. Given this inevitability do not fight the monster, embrace it: Get a file folder, a big one, and use the six-step [...]

17Sep2008 | | 0 comments | Continued
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What’s A Bedroom?

A bedroom is not merely where someone sleeps. Please check local zoning regulations. They may require an external exit (such as a window with a bottom sill not more than 44 inches above the ground and 5.7 square feet of space when open). Or, they may require that a “bedroom” cannot itself be an entrance [...]

30Aug2008 | | 0 comments | Continued
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Can I Get A Real Estate Sale Agreement Online Or From A Hardware Store?

The opinion here is that standardized (national) buy/sell forms should not be used. Okay, the use of such forms is a bad idea. The reason is that sale agreement forms often require local content; without such content they may be void or voidable OR they might not reflect your interests. For instance, in one community [...]

28Aug2008 | | 0 comments | Continued