Re Max
Billings, MT:
What are bank-owned properties?
Anyone can buy a bank-owned property — but should you?
Find out if a Property has a Lien
Making sure there are no liens on your home is an important part of the home buying process. A lien...
Where More Than Half of Properties Remain Underwater
A large number of homeowners in some pockets of the country still owe more on their mortgage than their homes are worth.
Helping buyers find mortgages for every property
I’ve heard from some Realtors® that it’s still somewhat challenging to find mortgages for buyers, particularly for modestly prices homes in their markets.
How Move-Up Buyers Are Saving for Their Next Home
Many can’t afford the increasing prices of larger properties. But they’re using this method to add to their income and take on a second mortgage.
Assets That Increase Your Net Worth
Your home, properties and vehicles can all increase your net worth.
Is Now a Good Time to Cash Out Your Home Equity?
For many Americans, their home is their primary investment. The equity stored in your residence can be a source of available cash for home repairs, upgrades, or for financing the purchase of investment properties. However, few homeowners really understand the process that results in home equity<br>What Is Home Equity<br>Your monthly mortgage payment goes towards two different amounts. The first is the interest that you…
How to Grow Your Portfolio and Increase Net Margin
“Increased competition for loans and deposits, regulatory pressures, and margin compression have been consistent themes for credit unions over the last few y...
Is It Possible That Your Gender May Influence Your Home Mortgage Approval?
If you are applying for a joint mortgage on your property with your spouse or partner, the name that goes first could have more of an impact than you might think<br>A 2010 study by the Woodstock Institute showed that mortgage lenders were inclined to show favoritism when men were the lead borrowers on joint applications. The study was undertaken within the Chicago area and it tracked joint applications for refinancing as well as home purchases. Over 250,000 applications were studied in the…
Do You Want to Refinance Your Mortgage?
The rule of thumb is if you can save money with a 1-2% lower rate on your mortgage, refinancing could make sense to explore<br>Refinancing your mortgage means you replace your existing mortgage with a new one. Your new mortgage pays off your old one, and you're then responsible for paying off your new mortgage. But when, if ever, is the right time to refinance?<br>Here are a few general situations where refinancing might make sense for you:<br>Like the economy, mortgage rates…
Burdened with a distressed property? Now what?
Sometimes it happens without warning. A borrower defaults on their loan leaving the lender burdened with a distressed property. As much as we try and plan for these kinds of things, sometimes an investment goes south. What do you do now? Act Quickly: The more promptly one acts on saving a troubled asset, the higher the...
Where to Start If You Want to Purchase a Foreclosure Property
Foreclosures provide homebuyers with numerous opportunities, but purchasing a foreclosed property can often be much more complicated than expected. Here's how to start the process.
Do Property Managers Pull Hard or Soft Credit Inquiries?
There’s a lot that goes into applying for an apartment. One aspect that concerns most – especially when applying to multiple communities – is if a property
Property is sold at a judicial sale for less than the balance of the mortgage
Learn what your options are if the money from the judicial sale is not as much as the mortgage.
