Can U Take $ From Family For A Mortgage Down Payment?, Rehab Property Due Diligence Items, Home Prices Finally Fall

Can U Take $ From Family For A Mortgage Down Payment?

Real Estate Tip:

Before you make a written offer to buy a rehab property, learn what real estate repairs cost (labor and materials), be conservative with your estimates and make a detailed list that you can show to potential lenders, investors and joint venture partners.

Real Estate Insight:

US home prices slid in July from June, the first monthly drop in years.

Are Adjustable Rate Mortgages A Good Idea?, Do This BEFORE You Buy A Rehab, Apartments Rents Finally Fall

Are Adjustable Rate Mortgages A Good Idea?

Real Estate Tip:

Confirm contractor availability to work before you commit to buying a property that needs extensive renovations

Real Estate Insight:

Apartment rents are falling from record highs across the US for the first time in almost 2 years.

What Recent Drop In The Housing Affordability Index Means, One Funding Source Isn't Enough, Mortgage Rates Hit Historic High

What Recent Drop In The Housing Affordability Index Means

Real Estate Tip:

Line up multiple potential funding sources beforehand as you plan a property rehab or renovation

Real Estate Insight:

The average rate on a 30-year fixed mortgage climbed to 6.02%, up from 2.86% a year ago-the first time since 2008, the average 30-year fixed mortgage interest rate has hit 6%