When the mortgage balance is greater than the sales price, it is a short sale and requires the mortgage lender’s approval to proceed with the transaction. Here are 6 tips to protect yourself financially and emotionally when buying a short sale. Get Help From a Short Sale Expert Not all short sales are approved. A [...]
Read More Home buying process, mortgage preapproval, short sale, Tips for buying a homeNo buyer intentionally sabotages their mortgage approval but there are 5 ways to sabotage your mortgage approval by mistake. Change jobs – even if it’s for more money. I know this seems odd because you would think that mortgage lenders would be pleased with a higher income but income is only one part of the [...]
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