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Real Estate Blog; May, 2007 Archive, Page 1

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Can You Buy Your First House?

By Brian White at 05/31/07 09:34

first home Can You Buy Your First House?
If you have a good job with a decent income, you may be thinking about trading up your mediocre apartment for an introductory house. Good credit and a down payment is a plus, but not always critical.

Read more: Can You Buy Your First House? [click]

Tags: mortgage • first home •
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Do Stated Income Loans Imply Fraud?

By Brian White at 05/31/07 09:26
clean and polish Chrome Plating Your Real Estate Turd
If you have good credit, but not enough income, and you're looking to buy a house, your loan officer may have suggested a "stated income" loan, where you just say how much money you make, but don't actually prove it. Some lenders call this a "liar's loan", but those guys are not to be trusted, since they're plainly telling you to lie.

Read more: Do Stated Income Loans Imply Fraud? [click]

Tags: mortgage • mortgage fraud •
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Do an Unbeatable Apartment Walk-Through, Even Without Cooperation

By Brian White at 05/31/07 09:17
walk though Do an Unbeatable Apartment Walk-Through, Even Without Cooperation
It used to be that, when you moved in or out, you had no way of disproving the all-too-common lies told by your landlady. They'd say the apartment was "new" when you moved in, and "ruined" when you moved out, and there was nothing you could do to prove your point. Not true any more, welcome to the digital age.

Read more: Do an Unbeatable Apartment Walk-Through, Even Without Cooperation [click]

Tags: apartment rentals • walk though •
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Slum Apartment Warning Signs

By Brian White at 05/31/07 09:16
slums Slum Apartment Warning Signs
If you're looking for an apartment, especially if it's in a city or neighborhood you don't know, there are some plain-as-day signs to help you see the building and street for its true nature. It may be cheap, but that savings will evaporate if your car is broken into or you can't sleep due to druggy neighbors.

Read more: Slum Apartment Warning Signs [click]

Tags: apartment rentals • slums •
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