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Can I buy real estate inside of my IRA?

Can I buy real estate inside of my IRA?

by Third Party | Apr 12, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: True Jersey —  Q. I wanted to buy a condo for my son, where he would pay rent that would cover the monthly carrying costs. If I wanted to buy it within an IRA, can I? I’d rather not take a mortgage. — Dad A. That’s a very generous move. It is possible to...
Are You Money Laundering?

Are You Money Laundering?

by Debbie Bloyd | Apr 11, 2022 | Mortgage Information, Real Estate Agent Tools

So, you want to get a new home and you have a new job and you are not sure if you can be approved?  It seems to be happening more and more.  I continue to hear things like “I just moved and took a filler job until I can find something better….. it is a commission job...
CAN YOU PUT AN OFFER ON A HOUSE THAT’S CONTINGENT?

CAN YOU PUT AN OFFER ON A HOUSE THAT’S CONTINGENT?

by Third Party | Apr 9, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: RIS Media —  Yes! Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning Real estate listings go through...
For Native American Homebuyers, 3 Financial Assistance Programs to Help With a Purchase

For Native American Homebuyers, 3 Financial Assistance Programs to Help With a Purchase

by Third Party | Apr 9, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Realtor —  In today’s aggressive housing market, it’s crucial to get a leg up on the competition and to take advantage of all options available when it comes to financial aid. For Native American homebuyers, there are several lending programs to help...
A housing bubble is on everyone’s mind right now — here’s what it is and how to know if the US is in one

A housing bubble is on everyone’s mind right now — here’s what it is and how to know if the US is in one

by Third Party | Apr 9, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Business Insider —  You may have heard, the US housing market is booming.  But booms often end in a bust, and the housing situation across the country has led experts to debate the possibility of the whole market imploding.  As the number of homes...
A Homebuyer’s Guide to the Appraisal Gap: Why It Happens and What To Do

A Homebuyer’s Guide to the Appraisal Gap: Why It Happens and What To Do

by Third Party | Apr 7, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Realtor —  If you’re thinking of buying a home in today’s market, you need to be prepared for the possibility of an appraisal gap. So what is an appraisal gap? An appraisal gap is when a home’s appraised value is lower than the purchase price the buyer...
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