Anybody Need A House?
This very cute, newly renovated, surprising large house in a picturesque small town neighborhood is going to be auctioned on June 7th.
The current owner bought it to flip back when everybody was going to make millions in the real estate game.
Now he is willing to take a huge loss because he is way underwater on the deal and needs to get out of making mortgage payments.
I have to imagine that his story is not very unique.
That’s my house! I demand you tell me who gave you that picture! Im calling the FBI and U.S. attorney.
The web designer should be forced to look at that page for an hour straight! Que horrible!
A super jumbo loan refers to a type of loan for an amount of money that exceeds the normal mortgage product loan limits. Today, with the introduction of the interest only loans, and the price of real estate soaring through the roof, more and more of the market falls under the classification of a super jumbo loan.
If your credit score is low that does not necessarily mean you will not be pre-approved for a home loan. Some lenders ask for additional details like your salary statement, bank statements, W2 etc. Also, a willing lender will ask questions about the reasons why the credit score is low and why there collection records in your credit report. If the credit score is low but if you still confident that you can buy a house, then you can answer these questions.