You've found the home of your dreams. You even have preapproval for the mortgage. Suddenly, the bottom falls out, and the lender pulls the mortgage. You are wondering why your home mortgage fell through. What could you have done to prevent this outcome? Can you get things back on track? Read this post to learn about some top reasons home mortgages fall through. Reasons Why Your Home Mortgage Fell Though Low Appraisal Value Your lender won't give final approval for the mortgage until after an appraisal. The appraiser will look at the house,…
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Mortgage News
Ultimate Guide to Closing Your First Real Estate Transaction
Ultimate Guide to Closing Your First Real Estate Transaction Closing your first real estate transaction is a big deal. It comes with a mix of excitement and nervousness. You want to close the deal, but you know a lot goes into the process. Once you have secured funding and made a purchase agreement, it is time to start the closing process. This post will cover some of the things you need to know about closing on your first real estate deal. Closing Your First Real Estate Transaction Open the Escrow Account An escrow…
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Single Family vs Multi-Family
Single Family vs Multi-Family: Which is the Best Investment? It’s no secret that investing in real estate can be a smart financial move. Real estate investments can generate reliable income and be a way to build wealth. If you plan to invest in real estate, you might wonder about single-family vs. multi-family properties. Both can be beneficial, but they also have pros and cons. This post will cover some of the issues to consider when deciding between multi-family and single-family investing. Single Family vs. Multi-Family Properties Cash Flow Multi-family properties tend to have…
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Top 10 Hottest Real Estate Markets in 2023 Part 2
Even with a bit of a slowdown in 2022, there are still hot real estate markets. This post is part two of 2023 hottest real estate markets. You can click here to see the five markets in part one. The NAR picked these markets as the ten with the most potential in 2023. Let’s look at the remaining five markets on the list. 2023 Hottest Real Estate Markets Hottest Real Estate Markets in South Carolina - Charleston-North Charleston, South Carolina Median home prices in Charleston are high at over $530,000 in November of 2022.…
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2023 FHA LOAN LIMITS FOR VIRGINIA (VA)
2023 FHA Loan Limits For Virginia is $472,030 and goes up to $1,089,300 for high-cost counties for one-unit properties. FHA 2023 Loan Limits For VA for 2-unit properties is $604,400 and goes up to $1,394,775 for high-cost counties. 2023 FHA Mortgage Loan Limits for Accomack County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Loan Limits for Albemarle County 1 Unit – $507,150 2 Unit – $649,250 3 Unit – $784,800 4 Unit – $975,300 2023 FHA Mortgage Loan Limits for Alexandria…
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2023 FHA LOAN LIMITS FOR WASHINGTON (WA)
2023 FHA Loan Limits For Washington is $472,030 and goes up to $977,500 for high-cost counties for one-unit properties. 2023 FHA Loan Limits For WA for 2-unit properties is $604,400 and goes up to $1,251,400 for high-cost counties. 2023 FHA Mortgage Loan Limits for Adams County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Loan Limits for Asotin County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Loan Limits for Benton…
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2023 FHA LOAN LIMITS FOR TEXAS (TX)
2023 FHA Loan Limits For Texas is $472,030 and goes up to $571,550 for high-cost counties for one-unit properties. 2023 FHA Loan Limits for Texas for 2-unit properties is $604,400 and goes up to $731,700 for high-cost counties. 2023 FHA Mortgage Limits for Anderson County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Limits for Andrews County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Limits for Angelina County 1 Unit…
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2023 FHA LOAN LIMITS FOR TENNESSEE (TN)
2023 FHA Loan Limits For Tennessee is $472,030 and goes up to $890,100 for high-cost counties for one-unit properties. 2023 FHA Loan Limits for Tennessee for 2-unit properties is $604,400 and goes up to $1,139,500 for high-cost counties. 2023 FHA Mortgage Loan Limits for Anderson County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Loan Limits for Bedford County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Loan Limits for Benton…
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2023 FHA LOAN LIMITS FOR SOUTH CAROLINA (SC)
2023 FHA Loan Limits For South Carolina is $472,030 and goes up to $538,200 for high-cost counties for one-unit properties. 2023 FHA Loan Limits For SC for 2-unit properties is $604,400 and goes up to $689,000 or high-cost counties. 2023 FHA Mortgage Loan Limits for Abbeville County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $809,150 2023 FHA Mortgage Loan Limits for Aiken County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $809,150 2023 FHA Mortgage Loan Limits for…
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2023 FHA LOAN LIMITS FOR OKLAHOMA (OK)
2023 FHA Loan Limits For Oklahoma counties is $472,030 and for 2-unit properties is $604,400 See below the list of all FHA Loan Limits 2023 For OK counties for 1, 2, 3, and 4 Unit properties. 2023 FHA Mortgage Loan Limits for Adair County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Loan Limits for Alfalfa County 1 Unit – $472,030 2 Unit – $604,400 3 Unit – $730,525 4 Unit – $907,900 2023 FHA Mortgage Loan Limits for Atoka County 1 …
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