Recent statistics show there are over 500 million active users on Facebook, over 175 million people on Twitter, and 90 million users on LinkedIn.  These online communities are places where individuals and companies are engaging and interacting with people with common interests, likes, dislikes, etc.  Social networking is allowing people to create and build meaningful relationships across the globe.

Delco Realty Group has realized the power of networking person-to-person and regularly contributes content that is valuable to its followers and friends.  Are you plugged in to the Social Media / Social Networking scene?  Delco Realty Group wants to interact with you!

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In a mortgage market that changes as quickly as this one, today’s fact is tomorrow’s fiction.  For buyers, misinformation can be the difference between qualifying for a home loan or not. Sellers and owners, knowledge is foreclosure-preventing, smart decision-making power! Without further ado, let’s correct some common mortgage misconceptions.

1.       Myth: Buyers with bad credit can’t qualify for home loans. Obviously, mortgage guidelines have tightened up, big time, since the housing bubble burst, and they seem likely to tighten even further over the long-term. But just this moment, they have relaxed a bit.  In the last couple of weeks, two of the nation’s largest lenders of FHA loans announced that they’ve dropped the minimum FICO score guideline from…

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