Gift Funds Guidelines for FHA Loans Gift funds are a very popular way of paying a down payment or for paying closing costs & pre-paids when purchasing a home. On most mortgage loan programs, a gift is an acceptable source of funds as long as they are: Truly a... Read More
Team Move Blog
Our team experiences so many scenarios in working with buyers, builders, realtors, and others so we have created this informative blog to help you find answers to your mortgage questions or scenarios.
All buyers want to find a good deal on a home, so many go the route of purchasing foreclosure homes. Therefore HUD homes for sale are very popular for many buyers. Not only are they usually priced below market, but there are also great loan options. The officia... Read More
UNCW was recently ranked #4 among schools in the South region of America by the U.S. News & World Report list of the country’s “most efficient” colleges and universities! “Most Efficient Universities” were based on schools that ... Read More
Abandoned UST Issues Explained UST sounds like a disease, doesn’t it? Although, it can cause major issues on a purchase. Therefore if a buyer uses a VA or USDA loan and the property has an abandoned UST, read closely. Usually, the appraisal or the purcha... Read More
credit report errors can be avoided by reviewing your credit annually Errors on your credit report can be fixed Since everyone is a number these days when it comes to credit, it is important to make sure that you have a good one. You should review your credit at le... Read More
Manufactured homes & doublewide foundation guidelines Manufactured Home Foundation Requirements Lenders and agencies require that a structural engineer perform a foundation certification. When considering the purchase or refinance of a manufactured home, lenders ... Read More
For many, buying a home is considered the American dream. But sometimes there are roadblocks to homeownership. Well our site is designed to break through those roadblocks and provide solutions to home buyers. A common occurrence primarily in young, first time b... Read More
Rent Free Options Explained It is very popular these days for people to move back in with parents. Additionally, many even live with other family members or friends. Therefore these buyers cannot prove an on-time housing history. This is called a “rent f... Read More
Maximum income limits for low down payment mortgage programs like 97% MyCommunity and USDA 97% MyCommunityMortgage Maximum Income: Based on household income of everyone 18 and over. Household income means anyone who will live in the household, whether on the mort... Read More
With the updates that USDA Rural Development recently made, they are being more strict on the amount of credit experience a borrower has. While the USDA program does not have a minimum score requirement, it does have a minimum trade line requirement (Even though US... Read More
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It is flat out guaranteed that if you Google any property address or real estate topic, Zillow will show near the top of the results. Arguably, Zillow.com has become the biggest name in real estate. Actually, many buyers start their home shopping process here or other sites such as Realtor.com, Trulia, or Homes.com. Over the […]
- Successful Real Estate Investing Tips for Taxes, Cash Flow, & QualifyingJanuary 23, 2018 - 6:20 am
Are you wondering how to start investing in real estate? Maybe you own a rental property already? So many choose residential rental properties for investment income for several reasons. These include potential appreciation in value, income tax write offs, funding retirement, and providing income along the way. In order to achieve real estate investing success there […]
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