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Posts Tagged ‘Banks’

Who does the homeowner bailout really help?

August 13th, 2009

Doing some research, I came to the realization it will not help out the majority of the homeowners. It will help people in places where the real estate market has dipped less than 5-10%. Where in America is that? It helps out people with subprime loans that really bought homes they could not [...]

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First-Time Homeowner (CalPERS v.s FHA loan)?

April 20th, 2009

My wife and I are preparing to purchase our first home within the next coming months. We were planning to have 3.5% available for an FHA loan down payment but then our agent told us that we should also have another 3% on top of that for closing costs. We were not planning [...]

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The Fastest Way to Stop Home Repossession

April 7th, 2009

Whenever you take out a loan to buy a house, you can face repossession. Falling behind on your payments can lead to the loss of your home, especially because mortgage companies or banks have very strict conditions of payment. They have to ensure that your debt does not rise beyond several months. However, there are [...]

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How to Buy a Repossessed Property for Below Market Value

March 4th, 2009

Getting started in property investment is no easy feat. Hunting for houses and properties can be time consuming, most especially a first-time property investor. With the stabilising property prices and fidgety interest rates, many would-be buyers are waiting to see what will happen next. Some people say that a good investment is not simple to [...]

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