Can I Buy a House if I Had a Short Sale?
On Tuesday, I wrote about what to do to buy a house after a foreclosure. I didn’t think to include anything in reference to buying a house after a short sale, but several people have already asked, so I figured I would address it here. Buying a house after a short sale is much like […]
Can I buy a House if I Had a Foreclosure?
With everything that has happened over the last eight or nine years, an unfortunately common question is whether or not you can buy a house if you had a foreclosure in the not-too-distant past. There is a common misconception that any foreclosures mean you can’t buy a new house for seven years. And while it […]
Is it Time to Trade Renting for Owning?
I’ve already discussed the pros and cons of both buying in the winter and selling in the winter, but it is also important to think about whether or not it is time to ditch the apartment for a house. If you are currently renting and have been thinking about buying a property, it might be […]
Happy Veteran’s Day
Happy Veteran’s Day to all active duty members of the military and to all who have previously served. Your sacrifices are truly appreciated by everyone here at Ross Mortgage. And for all military personnel, active and retired, don’t forget that you have a special mortgage program available to you through the VA. A VA mortgage […]
Buying a House in the Winter
On Tuesday, I discussed the pros and cons of selling a house in the winter. Today, I’d like to talk about buying a house in the winter. Many potential buyers I speak to, especially those who are currently renting or are first time homebuyers, think they need to wait until the spring to buy a […]
Selling a House in the Winter
I’ve been in this industry a long time and I’ve seen house prices go up, I’ve seen them go down, I’ve seen the economy shoot up, and I saw it come crashing down. But one thing that has been consistent over the last decade and a half has been the questions around this time of […]
Happy Halloween
Well, I’m a day early, but I hope all of my clients and readers have a happy and safe Halloween! And if you’re out looking at houses today or tomorrow, make sure that a house that creeps you out is decorated, and not just a scary house. If you have any questions about buying a […]
Documents to Collect for a Mortgage
If you are in the process of buying a house or are thinking of buying a house, there are some common documents you will need for your mortgage. By collecting them early and having them upfront, you will save time in the process and help your mortgage officer properly prequalify you. And many lenders will […]
Who Needs a Mortgage Preapproval?
Mortgage preapproval letters have become a standard practice in the home buying process. Most sellers would like something of substance from a lender stating that you actually have the means to buy their house before making it unavailable to other buyers. Why take their house off the market and go into contract with you, when […]
Can I Get a Mortgage on a House I Plan to Flip?
The market for house flipping has never been stronger. Even as house prices surge, more and more people are stepping into the house flipping game to make a quick buck. And as such, more and more clients are calling me to ask if they can finance a house they plan to flip. Now, in a […]