Six must-haves for mortgage approval

Interest rates are hovering around historical lows, and low interest rates increase affordability, making it easier for buyers to qualify. Yet stories of buyers waiting months to gain loan approval and home purchase transactions not closing on time due to lender’s strict underwriting are all too common. Some buyers are turned down for illogical reasons. …

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Property Management 101

I discovered this interesting and well-worded opinion article on Property Management Daily: The secret to acquiring wealth is real estate. The economy may rise and fall, but real estate will remain one of the most reliable investments a person makes. The reason for this is simple: everybody needs someplace to live. With a demand like …

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10 Reasons to Buy a Home

Enough with the doom and gloom about homeownership. Sure, maybe there’s more pain to come in the housing market. But when Time magazine starts running covers that declare “Owning a home may no longer make economic sense,” it’s time to say: Enough is enough. This is what “capitulation” looks like. Everyone has given up. After …

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Fixing to sell: Don’t go overboard

Fixer-uppers with upside potential were in high demand when the market was appreciating at a fast pace. Once depreciation took over, speculators disappeared until 2009, when low-end foreclosure properties in some areas became hot properties — particularly if they were selling at a 50 percent discount from the peak in summer 2006. In California, 70 …

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