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Purchase Plus Improvements Mortgage

Posted onJanuary 17/2018By

Purchase Plus Improvements is for consumers looking to purchase a home that has great potential but needs renovation. Here is some information to read on. Contact Us

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Homebuyer’s Guide

Posted onJanuary 17/2018By

Homebuyer’s Guide will give you the information and tools you need to make an informed and responsible home buying decision. Read on through it. Contact Us

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VERICO Economic Report

Posted onJanuary 17/2018By

VERICO Economic Report written by Michael Campbell is to understand the affordability problem through reducing demand versus increasing supply. Contact Us

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Mortgage VS. Deed Of Trust: What’s The Difference?

Posted onDecember 27/2017By

While a mortgage and a deed of trust do work similarly, it’s important to know there are significant differences between the two. These differences are especially important in the case of foreclosure, The biggest difference between the two are the amount of parties involved in each contract. In a mortgage, there are just two parties: the borrower, and the lender. In a deed of trust, however, there are three: a borrower, a lender, and a trustee. In a traditional mortgage, whether fixed rate or variable, the borrower holds the title to the property, though the home is still collateral in the mortgage loan. In a deed of trust, the trustee temporarily holds the title on the property and hands it over to the borrower once the loan is repaid in full. A mortgage and a deed of trust will only really affect the homeowner should the homeowner default on their…

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3 Things To Know About Mortgages For Overseas Properties

Posted onDecember 20/2017By

There are many good reasons to invest in property overseas. You may want to use the property as a vacation rental or as a vacation home for yourself and your family. Your child may be going to university overseas, and you may be thinking about buying a property as an investment where they are studying. Getting a mortgage for an overseas property is different than getting a mortgage in your country of residence, however, and there are some things to consider. Hire an Expert Even if you are experienced in buying real estate, the rules are often quite different when it comes to buying overseas. The best thing to do would be to find a local real estate agent in the country where you want to buy, who is experienced when it comes to dealing with overseas buyers. By working with a local agent, you can better understand the local…

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