From the category archives:

Buyers

FANNIEMAE TO CHANGE DEBT-TO-INCOME REQUIREMENTS

by James Malanowski on October 30, 2009

in Buyers, Must Read

Post image for FANNIEMAE TO CHANGE DEBT-TO-INCOME REQUIREMENTS

Just when you thought it couldn’t get any harder to qualify for a home loan …

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DO REO BUYERS NOW HAVE MORE CONTROL?

by James Malanowski on October 16, 2009

in Buyers, Legal, Must Read

Photo of a Gavel

The process of buying a bank-owned (REO) property can be stressful on buyers here in the Palmdale / Lancaster area. During a time in which most foreclosure buyers think that they should have all the control – Hey, it’s a Buyer’s Market, right?! – when they actually get into the process of negotiating an offer on the home they’ve decided on they realize that they don’t have as much power as they thought …

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