Pitfalls that Can Cause Mortgage Disapproval
1-Maintain Your Credit Rating. Few people realize that though they have been approved for a mortgage and the mortgage condition is removed, the lender will do a second credit check about two weeks prior to the closing date. If the buyer's credit rating has gone down, then the mortgage company may decide not to forward the funds to close the ...
Posted by Gordon Beuttenmiller
on June 9, 2009
At the most basic level, owning investment real estate means profit. That's because there are basically 3 ways of making a return on the initial investment. They are: 1. Cash Flow 2. Return on Taxes, and 3. Appreciation Added together, these 3 returns can add up to a noteworthy total. Let's look at these 3 profit areas one by one. 1. ...
Posted by Gordon Beuttenmiller
on March 14, 2008