Financing in Freehold : Advice

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Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
How much will we be approved for, for a mortgage?
At a 50,000 high level view, appr 2% of your income. Add to that taxes and insurance and the total should not be more than 36% of your monthly income. That hugely vague number will repr ... more
0 votes Share Flag Fri Aug 8, 2014 Financing in Freehold
Cavine, Home Buyer in Bel Air, MD
Cavine answered:
What is the difference between a bank approved short sale and a non bank approved short sale?
I have been trying to sell my home as a Short Sale for over 2 years. The bank either never responded to the offers or in the last instance......the bank set the asking price. A buyer ... more
0 votes Share Flag Wed Feb 20, 2013 Financing in 07728
Annette Levi…, Real Estate Pro in New York, NY
Annette Levinson answered:
Refinancing 600-620 FICO
You would pay a premium on your interest rate from FNMA or FHLMC. This would only apply if you don't have judgements and collection accounts all over the place. If your score is du ... more
0 votes Share Flag Tue Jun 29, 2010 Financing in 07728
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