Livonia Med
Livonia, MI:
How Can I Get a Mortgage After Credit Problems?
If you're rebuilding your credit, you might feel that a mortgage loan is out of reach. Today, many lenders require a minimum credit score between 680 and 700.
When Should Buyers Lock in a Mortgage Rate?
With mortgage rates on the rise, how do your clients know when it is the right time to lock in a rate? Here are four cases of when they should lock in their rate right away.
How to Sell a Home With a Reverse Mortgage
See how to sell a home with a reverse mortgage. Step by step guide to getting your home sold when you have a reverse mortgage to deal with.
Should you pay off your mortgage when retiring?
It was easy, back in the. You worked 30 years, get a watch and a pension. And Well that's how our parents did it. Well, it's not your father's retirement any more. You're more likely to
How seniors can get help with credit card, mortgage debt
Dear Savvy Senior: My husband and I, who are both 66 years old, have fallen behind on our mortgage payments and have accumulated quite a bit of credit card debt over the past few years. Where can we get help? — Drowning in Debt
Who's Buying "dem" Mortgages? And what are they Buying?
Pay no attention to those stories about "Shadow Inventory"! Apparently that has all been soaked up. Or, at least, builders and the NAR would like to believe that. It is hard to pick the top or bottom of any market, but it is hard to argue that housing prices...
4 Important Tips for Realtors: Ensuring a Smooth Mortgage Process
4 Tips to help Realtors prepare buyers/properties for the mortgage process and ensure that all critical information is promptly relayed to the lender.
Top 10 Things Current Homebuyers Are Looking For — Southern Trust Mortgage
Even in the midst of a ‘Sellers’ Market’, putting your home up for sale can be a daunting task. Chances are your home already has some great features you can highlight. However, making small upgrades and improvements will usually get your home sold faster and increase the value. To make things more simple, we’ve compiled the …
Why Caution Is Warranted When Transferring Title of Mortgaged Real Property
It might be common practice, however, we will tell you why you should exercise caution when transferring title of real property to an inter vivos trust.
10 Crucial Questions to Ask Your Commercial Mortgage Broker
Looking to put an apartment building under contract? Be sure to ask these 10 questions BEFORE you apply for a loan to ensure a smooth closing!
Why 70% of Medical Debt Will Soon Disappear From Credit Reports
If you’re among the millions of Americans grappling with medical bills, obtaining a mortgage or car loan will soon get easier. The three major credit bureaus — Equifax, Experian and
How To Tell You’re Probably Being Taken For A Ride As A Buyer
Don't be taken advantage of! A mortgage is a massive time and monetary commitment, so make sure you do your due diligence.
How to spot mortgage scams
You know that feeling when you think things are so bad and you turn to someone for help, and they make matters much worse? That is often the sad case when it comes to foreclosure scams. You’re in the
How to avoid retiring with a mortgage
A generation ago, just 10 percent of households with someone at least 70 years old still had a mortgage. Today, it’s close to 40 percent, and that
Questions to Ask When Selling a Mortgaged House
What you need to know when selling a mortgaged house including loan payoff, your home equity, and potential net proceeds.
Why it's important to work with a licensed and bonded mortgage broker
Making the real estate purchase of a lifetime is a big decision. For many individuals and businesses, this means looking for a good mortgage loan deal. Mortgage brokers are an indispensable partner in this process. Today they are the most popular sellers of mortgage products because their role is to be the intermediaries between buyers and lenders.
Why mortgage debt threatens boomers’ retirements
More consumers are carrying mortgages and other housing debt into their retirement years, which puts them at greater risk of burning through their savings.
How Mortgage Debt Can Derail Retirement
One of the greatest joys of retirement is being able to relax, knowing that one of your biggest expenses — your mortgage — has finally been paid off.
Why Does My Mortgage Keep Getting Sold?
A letter arrives in the mail and tells you your mortgage has been sold. It also informs you to send your monthly payments to a new address. Don’t panic! This happens all the time, and you shouldn't see many (if any) changes.
Credit Unions vs Banks: Which is Better?
Tired of getting nickel and dimed by your bank? Maybe it's time to try a credit union.
Minimalist Living: How Can It Benefit Your Life Significantly
Minimalism is all about living with less. We take a look at how It can really help solve many financial problems such as debt and unnecessary expenses.
