What is a Short Sale? A short sale occurs when a lender agrees to accept less than the full balance of the amount owed in order to release their lien on real property. Short sales have become a popular solution for homeowners who wish to sell their property but owe their lender(s) more than their […]
You are browsing archives for
Author: davidp25
Refinancing Pitfalls
Refinancing Offers Should Be Carefully Considered Be wary of Refinance Pitfalls and Advertised Rates Advertised rates are usually based on the best-possible scenario. Your financials are in tip-top shape and you have a superior credit score. Make sure to do your homework on what your interest rate would be specific to your financial situation. Gather […]
Hard Money Loans
WHAT IS A HARD MONEY LOAN AND HOW DOES IT WORK? A hard money loan is a loan from a private lender instead of a bank. The terms of a hard money loan are much different from a typical mortgage. On a traditional mortgage you might get a rate today of around 4% for a […]
Beware of Credit Repair Companies
Beware of Credit Repair Companies Most companies that offer credit repair services are not in the business of helping you fix your credit. They are in the business of making money. Don’t fall for their sales pitch. They will fix your credit but it will take forever and cost you plenty. There is a faster […]
Investment Property Guide
Free Rental Property Buyer’s Guide Thinking of buying income property? I’ve put together a PDF file with helpful information to consider when purchasing rental property. I’ve owned and managed rental property for over 30 years and offer my clients the insight and experience that I’ve gained over the years. Please fill out the contact form […]