New Listing in Issaquah Highlands | Matt Jensen
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Found 924 entries about Selling Your Home.
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Great news! Effective on January 21, 2015. Interest calculated on payoff statements for FHA loans will be based on actual per-diem interest. This is similar to all other loan products.
Under current guidelines, a homeowner with an FHA loan is responsible for the mortgage interest through the end of the month regardless of the day in that month they closed.  For Example: a homeowner sells home and sets a closing date of October 5th. The seller would still be responsible for interest calculated through October 31st,  the end of the month. This is also why under current guidelines lenders always try to close FHA refinance loans at the end of the month.Â
Under the new January 2015Â guideline, mortgage payoff interest on an FHA loan would be calculated…
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We all know the old line about location. But buying a home takes research, research, research, too.
You will want to determine:
1) How much you can comfortably afford. The pre-approval process, which entails full documentation and credit check, is the best way to determine the numbers that are right for you. Early in your search, you can identify any potential hurdles and focus only on homes truly available to you.
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2) How much cash you need to close. Knowing how much cash you’ll need to close and, ideally, consolidating those funds into one account will help to prevent stress and ease the process later.
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3) What kind of property you really want. Single family, multi-family, condo, co-op, Victorian, Colonial, Cape, split,…
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