Tag Archives: appraisals

Houston Mortgage Weekly Review

Posted ago by Cary Cox

ShareWe have a great review of the past week’s mortgage activity by Lou Barnes at ratewatch.com showing lots of things happening on multiple-fronts that will affect mortgage rates going forward. More positive US data and relaxation of European frights have …

FHA Mortgage Appraisal Standards

Posted ago by Cary Cox

ShareA mortgage appraisal is the last line of defense for a lender. The mortgage lender must know that the value of the home is accurate in order to make the proper decision whether to grant the mortgage to the borrower …

Mortgage News – Things I’m Seeing

Posted ago by Cary Cox

ShareThe one constant it seems over the last few years in the mortgage lending industry is change, especially in underwriting guidelines. It seems that Fannie-Mae and Freddie-Mac are constantly tightening mortgage underwriting guidelines for anyone that wants to refinance their …

How Sellers Price Their Home For Sale

Posted ago by Cary Cox

ShareThe best way to understand market value is through comparative research.  Professional real estate consultants review and study at least 40 to 60 listings, visit 10 to 20, and inspect 5 to10 properties to develop a sense of relative worth …

The Importance of Comparable Sales for Your Mortgage

Posted ago by Cary Cox

ShareIn today’s mortgage market once you know you are credit qualified for a conforming mortgage, jumbo mortgage, or super jumbo mortgage the most important thing to have is making sure that your property you are purchasing or refinancing has good …