There is a lot that goes into buying a property. Regardless if you are buying as a primary residence or an investment you need to find the right type of financing. There are times when the best financing is through a traditional lender. Anyone that has closed a deal with a bank over the past...Read More
There are many real estate investors who are utilizing traditional lender programs. With interest rates continuing to slide this has become an increasingly viable option. As popular as lender programs are not every borrower can get approved. There are still strict guidelines in place and a mountain of documentation that has to be provided. With...Read More
For a lender to loan money on a property, that property must be appraised at a value that falls between a certain percentage of the sales price. The reasoning is fairly simple: a bank won’t lend $150,000 on a home that’s only worth $120,000 because the odds that will recoup its total investment should you...Read More