No Seasoning Cash Out Home Loan

Savvy buyers often pay cash for a property for a number of reasons.  Cash purchases present a strategic advantage when buying a home.  Cash purchases can leverage a lower price and or can be more attractive than a competing financed offer.The challenge in the past is that paying cash has tied up an investor's liquid resources.  This can limit an investors ability to leverage financing in order to strengthen their investment portfolio.  It can also hijack opportunities to use cash for other … [Read more...]

Refinancing When you are Upside Down

Great News!!!  Rates are at all time lows.Frustrating News!!!  Many people don't have enough equity to refinance their homes.While not everyone that is the lucky owner of a home that has decreased in value has an option to refinance, many equity deficient homeowners have options.  Phoenix Area Mortgage Rates are at all time lows and now is the time to take advantage!  Here are a few options for homeowners that do not have equity in their current home:1. FHA, VA and USDA homeowners: … [Read more...]