Archive for 'maryland'

Maryland Wholesale Real Estate

Here are a few of the things that we consider when we buy a wholesale property so you can be assured that when it comes time for you sell one of our wholesale properties you know that these factors at a minimum have been considered.

How To Price A Home to Sell

HUD will no longer require a Seller to hold a property for a minimum of 90 days before re-selling using FHA financing.

Maryland Home Mortgage Loans: Effective February 1, 2010, HUD will no longer require a Seller to hold a property for a minimum of 90 days before re-selling using FHA financing.

Previously, this anti-flip rule was put in place to help stabilize large swings in property values. Investors were buying homes for cash, doing minimal repairs and re-selling for huge profits. HUD feels they can help fuel the economic recovery by not restricting the re-sale of fixer-uppers or financially distressed type properties.

Are You Pre-Approved?

Maryland Home Mortgages: It is important to understand that a pre-qualification letter is just an estimate of what you are eligible to borrow, not a commitment to lend. Getting pre-approved for a loan gives you competitive advantage when the time comes to bid on a home because you have been approved for a loan for a specified amount.

Please visit our website for more information on how we can qualify you for a new home loan!

We Make the Home Loan Process Straight forward

At Maryland Home Mortgage we take the time to explain completely what the buyers can expect during this process. I commit to communicate effectively with all parties so that nothing is left to chance. I attend all closings so that everyone knows that I can be counted on to do what’s right and to make sure that it is. Since we are an FHA DE endorsed lender, our files are underwritten directly.

For more information on how we can help you with your home mortgage, please visit our website at Maryland Home Mortgage Loans

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