If you inherit a property in which there is a mortgage, under the federal law called the Garn-St. Germain Act, you are entitled to take over payments on the existing mortgage. This act prevents a lender from enforcing the “due on sale” clause which may have been in the mortgage which was on the property.
When you give your deposit to the real estate agent and the signed sales agreement has been signed…
Your lender or mortgage broker may refer to “Fannie Mae Guidelines” when asking you for documentation supporting your…
With all the many tasks necessary to ensure a smooth closing, there is one area of concern that…
Consider banks, savings and loan offices and loan brokers: Find out what types of loans are available and…
When you begin shopping for the best home price, mortgage rate, insurance premium, and lender closing costs, so…
As a potential Buyer, you may have have no reason to suspect that an outstanding permit exists on…
