Tag: Tips or Advice

REO buyers have right to select the closing and title company

Written by Guest on 2010-04-07.

Although many REO purchase and sale contracts provided by REO lenders designate a closing and title company, many REO buyers are not aware that the REO lender cannot require, as a condition of sale, that the buyer purchase title insurance...

Debunking 5 common mortgage misconceptions

Written by Guest on 2010-03-31.

The national mortgage industry has experienced unprecedented change during the past two years, which has resulted in a number of popular consumer misconceptions regarding the availability of home financing. Don’t believe everything you hear,...

Make him (or her) an REO offer he (or she) can’t refuse

Written by Todd Ewing on 2010-03-19.

A Real Estate Owned (REO) property is a property held by a mortgage lender or bank due to an unsuccessful foreclosure auction. In other words, the prior owner defaulted on the loan; the lender instituted a foreclosure proceeding; the foreclosure...

Do open houses work for real estate agents?

Written by Guest on 2010-03-18.

Before the age of the Internet, the only way potential homebuyers could tour a home was to either contact their real estate agent to schedule a showing or to attend an open house. Now-a-days virtual tours, photo galleries and online listings...

12 ways to come up with a down payment

Written by Guest on 2010-03-17.

It’s hard not to get excited at the prospect of owning a home, especially when there’s so much buzz about historically low borrowing rates, an influx of foreclosures on the market and a new program that might actually expedite...

Check out the new closeitapp.com »

Tag: Tips or Advice

REO buyers have right to select the closing and title company

Debunking 5 common mortgage misconceptions

Make him (or her) an REO offer he (or she) can’t refuse

Do open houses work for real estate agents?

12 ways to come up with a down payment

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