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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On Tuesday, February 22, 2011 I had the honor of attending the SC Association of Realtors (SCR) annual Legislative Lobby Day.  Over 200 of my fellow Realtors® met on the Statehouse steps in Columbia, SC to advocate on YOUR behalf regarding a couple of key issues:

  • Point of Sale Tax Update (H.3713)
  • Private Transfer Fee Prohibition (H.3095)

This was my first lobby day I have ever attended and can honestly say, it will NOT be my last!  

What is RPAC? 

Over the past year, I have been actively involved as a member of the Realtors Political Action Committee (RPAC) for the Greater Greenville Association of Realtors (GGAR).   For those of you who do not know about RPAC and think it is a party driven committee, it is not.  Since 1969, the REALTORS®…

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