Here's the recent articles submitted by grant eckert
Articles By grant eckert
Your First Mortgage - What To Expect
Submitted as: Brian Jenkins
Are you applying for your first mortgage? Buying a home can be scary, and getting a mortgage can be confusing. If you are buying your first home, make sure that you understand the following facts about mortgages.(read
entire article)
View : 195 Times
Category : Real Estate and Foreclosure
An Introduction To Loss Mitigation
Submitted as: Brian Jenkins
Loss mitigation is a general term that is used to reduce or eliminate financial loss for both the lender and the borrower. The goal of loss mitigation is to prevent a property from going into foreclosure. Foreclosures are the last resort for both the homeowner and the lender. The homeowner's credit rating is devastated by foreclosure.(read
entire article)
View : 222 Times
Category : Real Estate and Foreclosure
How To Spot A Foreclosure Scam Company
Submitted as: Stephanie Larkin
The ongoing mortgage crisis means that the number of foreclosures is increasing. With homeowners desperate to avoid foreclosures, there are many scams flourishing that prey on those homeowners that desperately want to hold onto their homes. How do you know if an offer for assistance is legitimate?(read
entire article)
View : 199 Times
Category : Real Estate and Foreclosure
How To Spot A Predatory Mortgage Company
Submitted as: Stephanie Larkin
As more people face financial hardships due to the credit crunch, predatory mortgage companies are experiencing a business boom. Preying on the fear that people have over losing their homes, or embarrassment that others have over less than perfect credit, predatory mortgage companies sign people up for mortgages that they cannot hope to repay, or collect outrageous fees and then disappear.(read
entire article)
View : 191 Times
Category : Investing / Finance
Insight Into Real Estate Short Sales
Submitted as: Stephanie Larkin
When the amount of a mortgage is more than the home is worth, the property may be a candidate for a short sale. A short sale is when the lender agrees to take less money for the home than the amount that is owed on the mortgage. The balance, technically, can be attached to the seller, so if you are considering a short sale it is important to work with an experienced real estate attorney.(read
entire article)
View : 218 Times
Category : Real Estate and Foreclosure
The Current State Of The Mortgage Industry
Submitted as: Brian Jenkins
In the 1960s and 70s, many lending institutions would use a process called redlining to deny loans. Redlining is using boundaries to determine who would qualify for a loan. Typically redlining prevented minority groups or people living in less desirable neighborhoods from owning a home. When this process became widely known, steps were taken to halt the practice.(read
entire article)
View : 676 Times
Category : Investing / Finance
Unnecessary Mortgage Fees, What To Look Out For
Submitted as: Brian Jenkins
Anyone who has ever closed on a house knows the large amount of paperwork that must be signed. The process is stressful, and many people are not careful to look over all of the paperwork completely before signing on the dotted line. What many people do not realize is how many expenses may be added to the loan papers that careful reading and shopping around could have prevented.(read
entire article)
View : 167 Times
Category : Investing / Finance
What Your Mortgage Company Should Do For You
Submitted as: Brian Jenkins
You will potentially be dealing with your mortgage company for the next thirty years, therefore; it is important to choose your mortgage company wisely. The best way to choose a mortgage company is to ask those around you for their experiences.(read
entire article)
View : 187 Times
Category : Investing / Finance
Best Areas To Purchase A Home In Pennsylvania
Submitted as: Brian Jenkins
Each year, organizations like Kiplinger and CNN rank the top cities in which to live, to buy a home and to work. This year, Pennsylvania cities are hitting high in the rankings of best places to buy a home in a number of different forums. Three Pennsylvania cities rank in the various top 10 and top 30 places to buy a home, and five Pennsylvania cities made the 2008 Kiplinger Top 50 Places in America to Buy a Home list. Where are the best areas to purchase a home in Pennsylvania? The answers may surprise you.(read
entire article)
View : 189 Times
Category : Business
How To Get A "bad Credit" Mortgage
Submitted as: Brian Jenkins
As home prices tumble down all over the country, many renters are looking longingly at the real estate listings and wishing that they'd paid more attention to their credit rating. After several years of real estate BOOM, the bubble seems to have burst – or at least started to deflate. In May, the median single family home price in Boston was an astounding 12% lower than just one year earlier, and that trend was reflected around the country. While that's bad news for anyone who bought their home a year ago with the expectation of turning a profit, the falling price of real estate is very good news for those who have been waiting for prices to come down.(read
entire article)
View : 184 Times
Category : Real Estate and Foreclosure
