Before an owner can market a property to buyers that want to use a FHA loan, he will want to familiarize himself with the FHA’s standards. FHA won’t insure loans on just any property.
While their standards aren’t as stringent as they used to be, a home needs to be in relatively good condition to qualify for FHA financing.
While there are many simple tricks for saving water that will make you feel better about your environmental footprint, here are a few easy upgrades that will make that saving a little more automatic.
A significant number of people are self-employed, which means they might be relying on this income to apply for a mortgage. It is true that people who are self-employed may face additional challenges when trying to get approved for a home loan when compared to someone with traditional W2 income, these are obstacles that can be overcome. With the right qualifications and documentation, even first-time homebuyers who are self-employed should be able to qualify for the home loan they need.
The thrill of purchasing a new home is unparalleled; however, once you close on the sale, the dreaded unpacking process begins. You probably did not realize just how much stuff you had until you had to pack it all up.
Last week’s economic reporting included readings from S&P Case Shiller Home Price Indices, the National Association of Realtors(R)’ report on pending home sales, and the University of Michigan’s final consumer sentiment index for September. Weekly readings on mortgage rates and jobless claims were also released.
Whether you’re looking for a simple touch or a statement that will completely define a room, here are a few ideas for highlighting the best that autumn has to offer.
A lot of potential buyers have a set number of bathrooms they need in their homes. Therefore, one of the possible ways to increase the value of a home is to add more bathrooms. It is possible to add a half bath to some homes, making a significant difference in their overall bathroom. Even a small bathroom on the first floor can make a home significantly more attractive. At the same time, adding a powder room is not necessarily the best renovation project for all homeowners. What do homeowners need to think about before adding a powder room to the home?
There are many people who are thinking about listing their homes, but they need to make sure they get as much money for their homes as possible. This could mean making a few upgrades and repairs around the home.
Houses across the country come in all shapes and sizes. Some of them are older than others, so they might come with aspects that are a bit outdated.
Last week’s economic news included reporting on housing markets, housing starts, and building permits issued. Data on new and existing home sales were published along with weekly reports on mortgage rates and jobless claims.