A couple of great apartment constructing photos I found:
Oakland
Image by edgeplot
Apartment constructing.
More great houses click right here…
The lamp
Image by Geir Halvorsen
.. and the apartment developing.
Much more great houses click right here…
Arizona Refinancing Expert Explains New Residence Reasonably priced Refinance Program
Phoenix, diagnosis AZ — (SBWIRE) — 08/23/2012 — Help has finally arrived for Arizona property owners whose home values have dropped over the past couple of years. In order to reduce fees of mortgage installments today and get a good fixed rate plan underway …
If you would like more informaiton please go to here…
Mortgage Q&A: Borrowing for refi is one resolution
For numerous causes, try they had been not eligible for the oft-touted House Inexpensive Refinance Plan (HARP). If you have read my prior columns, this web you will know … equal to 90 percent of the home's current worth. The house appraised for $ 415,000, which …
Far more informaiton please check out here…
Question by Tim6298: Mortgage pre-approval questions (FHA fixed loan)?
1.) Once we get all of our paper work together or go to our bank, dosage about how long before we get an answer on whether or not we are approved?
2.) If we get pre-approved, remedy once we find a house, is that approval only good for getting a mortgage at that bank? And on average how long is a pre-approval good for, not sure when we might close on a house, so I dont want to get pre-approved in the next few weeks, just to go through it again if we dont find a house right away.
Best answer:
Answer by Gorkbark Porkduke Gefunken Fubar
You are going to run into a problem where the bank will keep demanding more paperwork, and this will go on for so long you will eventually drop the whole idea of buying a house. this is the trend I have noticed.
The pre-approval is only good at that particular bank; it’s a part of their own application process and they are not about to share information on a prospective customer with another free-loader competitor bank.
A pre-approval might be good for 30 or 60 days, but they will drag out their demands for more paperwork long past that point.
The only option is to wait until you have saved enough money to pay the entire purchase price in cash, or are able to find a seller willing to hold a mortgage. On the plus side, house prices still have to drop another 50 to 75% to work out the inflated prices caused by government meddling in the financial and real estate markets over the past 50 years.
Give your answer to this question below!
The pre-aproval usually takes 7 to 10 business days.
From the Wells Fargo website : https://www.wellsfargo.com/mortgage/faq/approvalandclosing#Q1
The pre-approval is only good for that bank.
But most banks follow the same guidelines.
Choose the bank that will give you the lowest rate, and lowest closing costs.
The pre-approval will be good for 60 to 90 days.
If you need longer, no problem.
Just don’t open any new credit, continue paying your credit cards in full each month, don’t close old paid off accounts.
Try to keep your credit reports as stable as possible in case you take longer than 90 days.
Note: Never go for the maximum a bank will pre-approve you for.
The bigger loan you make – the more money they make.
A maximum loan will not allow you to save for things like retirement, kids college, vacations, etc…
Within a day or two you will get preapproved for some amount. It is only a verbal non binding statement on that loan officers opinion- so there is nothing to transfer. Find a very experienced local loan officer. The rates will be very competitive between companies as long as you are looking at the same type of mortgage.
Once you find the right house they will need to formalize everything- they can then lock in rates and do appraisals any all sorts of things. That may take three or four weeks.
Part of the reason you want to get pre approved is so you look in the proper price range- another reason is so you can arrange all your paperwork and get a “running start” on any challenges there may be.