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Low & No-Down Payment Programs
If you are planning on financing a new home to live in, there is good news out there! There are many programs now available to help make that dream a reality. This week we will give an overview of the zero-down 100% financing programs available. Next week we will tackle low-down payment programs. In week…
Readers Respond to Foregoing an Appraisal – Sept. 1, 2017
I want to thank everyone who responded to last week’s article about the new policy of Fannie Mae and Freddie Mac that will allow in many purchase transactions a waiver from obtaining an appraisal. I wanted to hear from you, both consumers and real estate agents, if you thought this was a good idea. The…
Buy a Home Without an Appraisal – A Good Idea? – August 25th 2017
Buy a Home Without an Appraisal – A Good Idea? Both Fannie Mae and Freddie Mac announced that starting September 1st on certain purchase transactions, an appraisal is no longer required. Is this a good idea? That’s the subject of this week’s story. Technology has made some significant inroads into the mortgage industry over the…
