Are You Looking To Buy A Condo? Good News Is Here!
For rental condo buyers, Fannie Mae recently announced that investment condo loans with 25%+ are now eligible for limited reviews which correlates with the improved loan pricing from Fannie Mae when putting 25%+ down as compared to only putting 15-20% down.
Fannie Mae also expanded their Property Inspection Waivers (PIW) to condos in June. A PIW is often referred to as an "appraisal waiver", and allows lenders to close certain loans without the expense/time of appraisals.
Understanding How to Relocate to a New Home
Many factors can create a need to relocate. Whether your job has changed, a major life event is causing you to need to be closer to family, or you simply are looking for some new scenery, a relocation can take a great deal of planning. Here are some tips to make relocating to a new place a breeze:
Research the new area – Once you have decided where you are relocating, research the area to determine as much information as possible. If you’re moving to a different state or reg
