By Mortgage Foxes | Closing , Loan , Mortgage
While “green” has become quite the buzzword when it comes to home building and design, what exactly it means isn’t always clear. There are a few standards for eco-friendly homes, but the term “green” doesn’t have a universal definition beyond being a color made by mixing yellow and blue. So how does a consumer know […]
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By Mortgage Foxes | Closing , Loan , Mortgage
The notion of a final walk-throughîseems to confuse both buyers and sellers of homes. Here is an explanation of a walk-through. Walk-Throughs What is a walk-through? What is its purpose? Is it important or just a formality? Can it be used to re-negotiate the terms of the contract at the last minute? Let’s look. Typically […]
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By Mortgage Foxes | Loan , Mortgage
While every homebuyer is different, there are some common themes among those that are looking for a new home. Every buyer wants a quality home that they will be proud to live in and won’t fall apart within months or even years. Most homebuyers are focusing not only on quantity in the way of square […]
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By Mortgage Foxes | Loan , Mortgage
Title to a property is a record detailing the owners of the property and rights associated with the ownership. Title typically shows a progression of ownership from the first owner to the current one. Title is a fairly simple concept, but when it goes wrong it is a nightmare. That is where title insurance comes […]
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By Mortgage Foxes | Loan , Mortgage
The evolution of a home into a dream home is one that can happen much quicker and easier than many people think. With a fairly minor expenditure the average home can easily become much more than simply a house. The evolution of a home into a dream home is one that can happen much quicker […]
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By Mortgage Foxes | Broker , Down Payment , Interest Rates , Loan , Mortgage , Pre-Qualify
Making the decision to buy your own home can be one of the most stressful but rewarding choices of all. If you’re a first time buyer, the entire process can seem very intimidating. A few common sense tips can help you ease your way through it much easier. First off, do your research on basic […]
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By Mortgage Foxes | Broker , Loan , Mortgage
When it comes to owning property many people around the world will tell you that this is a lifelong dream. While once an opportunity that seemed to be reserved for either the wealthiest or the most miserly among the general population home ownership is now something that is accessible to a larger segment of the […]
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By Mortgage Foxes | Loan , Mortgage
One question that seems to be commonly asked among those who are interested in real estate investment, particularly in flipping properties, is whether or not a real estate inspection is really necessary. The long and short answer to that question is absolutely and I will do my best to explain exactly why this is so. […]
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By Mortgage Foxes | Broker , Loan , Mortgage
Mortgage broker. Mortgage lender. Bank loan officer. They’re all the same. Their job is to sell you mortgages. Period… Well, not exactly. While all three are closely related, the nature of their jobs deviates slightly from each other. What’s a mortgage broker? Contrary to popular belief, mortgage brokers do not work for the loan company […]
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By Mortgage Foxes | Credit , Loan , Mortgage
There is only one way of getting out of a financial crisis if you have a bad credit history. Get a bad credit mortgage loan. When you apply for a loan, the first question every lender asks is: “How’s your credit report?” If the answer is in any way viewed as negative, your application is […]
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