When can I buy or refinance my home after a foreclosure, shortsale, bankruptcy chapter 7 or 11, or after a modification? There are different times in which one must wait before they can apply for a … [Read more...]
Minimum Credit Score and Requirements After Bankruptcy Foreclosure or Short Sale
Mortgage loan standards required by FHA, Conventional, and VA underwriting required after a bankruptcy, foreclosure, or short-sale with regard to seasoning after discharge and general credit score … [Read more...]
Foreclosures Sales Owned by Major Banks Effects North Dallas Home Values
Some of the major banks have decided to stop the sell of their foreclosures until they can get some get their "robosigners"issues figured out. TheTruthAboutMortgage.com reported when Bank of America … [Read more...]
National Foreclosures Bad but Frisco McKinney Area Home and Job Market Good
We all know someone in Frisco, Plano, or McKinney that has bought a foreclosure, even if you are not in Real Estate or Mortgage. From January to end of March this year, foreclosures represented 31% … [Read more...]
I want to short sale my home. Where do I start?
It is quite possibly the much easier route to take if you know what step to take first, executing a short sale from beginning to end. Measure the discomfort involved between them; worry/foreclosure … [Read more...]
Frisco Mortgage Seekers, Foreclosure Talk Is Far From Over
Today I was reading a Mortgage News Blog post from The Truth About Mortgage, and my hopes for a vanishing of foreclosures for Dallas, Collin, and Denton County homes dissipated. You see, there are … [Read more...]
Mortgage Lender Fall Out, and Why
Wow! What a ride! It's been months and months now, and just when you think the smoldering has ceased, another lender goes down in flames. Our company immediately stepped back and evaluated our company … [Read more...]