Remove Bankruptcy Remove FHA loan Remove Residential
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Comparing this housing market recession to 2008

Housing Wire

In 2008, the rise of foreclosures and bankruptcy were waving red flags before the job-loss recession even happened. Today, it’s the complete opposite story: the 2005 bankruptcy reform laws and the 2010 Qualified Mortgage laws laid the foundation for the best housing credit profiles recorded in U.S.

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The Best Mortgage Blogs From 2017 | Advice For Home Financing

Rochester Real Estate

Either way, it’s always wise to shop around and compare interest rates and just as importantly, compare how much in fees you might have to pay to get a particular loan. Did you know if you file a Chapter 13 bankruptcy, you can immediately apply for an FHA loan? Here are some of Anita’s thoughts on the subject.

Finance 52
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Tips for a Better Credit Score to Lower Mortgage Payments

Realty Biz

There are a few lenders that will allow you to qualify for an FHA loan with a score below 600 but these are very few and far between. These tips assume you’ve already done what is needed to bring your score up to at least 690 or 700 — meaning you don’t have a bankruptcy, you’ve cleaned up any errors on your credit report, etc.

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Selling a House ‘As Is’ in North Carolina

HomeLight

North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. On occasion, conventional lenders may even finance a fixer-upper property sold “ as is ,” and it’s not impossible to finance a fixer-upper with an FHA loan.

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GSEs still shun the low end of manufactured housing

Housing Wire

It was able to conceal the faulty loans for years through creative accounting, however, and sold itself to Conseco for $6 billion in 1998. But when home prices depreciated, it flamed out, and its parent Conseco filed for bankruptcy protection in 2002.

Finance 420
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How Much Does a Home Appraisal Cost in Florida?

HomeLight

Although most of Pringle’s clients are banks, she also conducts appraisals for any individuals who need a home’s value for legal reasons, such as people going through a divorce, filing for bankruptcy, or settling an estate. How much does a home appraisal cost in Florida? In addition to these factors, competitive pricing can also play a role.