FHA Loans

May 15, 2018

Rent or Buy!! Who is Right?

 

Rent vs Buy

 

This is a discussion that has and will continue to be a debate in households across the country. Depending on who you talk to you should wait and save your 20% down payment. Most mortgage companies will offer approx 3.5% as a down payment, but you will ...

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Oct. 30, 2017

Managing Rehabs and Contractors

Managing Real Estate Investment Renovations

Investing in real estate projects is one of the best ways to spend your money if you have the right Construction Management Team. Investors (except silent ones) should be able to have a good idea of renovation costs before purchasing a property. Once purchased, you ...

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Dec. 19, 2016

Own a $300k Home for $1500 Per Month!

Let Us Show You How

R.E Shilow Realty from Ross Lewin on Vimeo.

 

Here is an interesting fact, the average apartment these days will cost between $1,200.00 to $1,800.00 per month depending on the area. In most cases, working with the right Real Estate ...

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April 11, 2016

What Happens When You Buy a Home

What Exactly Happens When You Buy a Home?

 

As an educated buyer, you have been searching for months to find that perfect home that covers all the checklists.  After a few months of learning, scouring, and negotiating the market, you finally have an accepted offer and are ready ...

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Dec. 30, 2015

Interest Rate Affect On Maryalnd Real Estate

How Interest Rate Hike Will Affect Maryland Real Estate

Recently the Federal Reserve increased the interest rates, and this decision came as a shock to many stakeholders, many of whom are located in Ellicott City, Maryland, because interest rates have not been increased in the past 10 years. However, this move was ...

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Sept. 5, 2015

Documentation To Purchase a Home In Ellicott City

If you find the luxury home of your dreams, a great investment property, or any real estate in Ellicott City, Howard County Maryland and you want to purchase that home in Ellicott City, Howard County Maryland your real estate broker will need to put together the following documents to make ...

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July 20, 2012

What Is Escrow

Have you ever placed a wager with a friend, chances are you may have placed your money with a third party until the wager unfolds. When you make an offer on a property and its accepted your next step will be to make an escrow deposit usually 1% of the ...

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July 19, 2012

Title & Mortgage Insurance: Why Do I Need It?

 

Title insurance is put in place to cover a home owner in the event that a troubling legal ownership question arises that was not found during the initial title search. For example, if a previous deed was forged or possibly a property line issue rears its ugly head(you ...

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Feb. 21, 2012

FHA Truth

On a recent trip to the grocery store I overheard a conversation between two guys in regards to our current housing and economic situation. I decided to ear hustle a little and with further snooping I heard one gentleman make the comment that the FHA is broke and needs to ...

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Jan. 30, 2012

FHA Loan Info 1/30/2012

The FHA loan program was created to help increase home ownership. The FHA program makes buying a home easier and less expensive than other types of real estate mortgage home loan programs. Some highlights of the FHA loan program are:

  • Minimal Down Payment and Closing Costs.
  • Downpayment of 3.5 ...
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