Tag: homeowners

local-records-office-home-loan

The Difference in ‘Nonprime Loans’ Standards Today Compared ‘Subprime Loans’ from the Housing Crisis in Pekin, IL

The Local Records Office notes while all loans are not the same, borrowers in Pekin, Illinois at higher risk will need a higher down payment and will most likely have higher interest rates. Nonprime Loans are expanding mortgage options, with subprime mortgages that were blamed for sparking the housing crisis –are reappearing and being dubbed Read More

Will Pekin, Illinois Housing Market Have a Stable Future for First-Time Homebuyers in 2018?

LOCAL RECORDS OFFICE – While it has been a decade since the 2008 recession, that triggered 1.2 million homes to foreclosure, some home values across the country have struggled to rebound. Housing prices across Pekin, Illinois in the Midwest have failed to reach pre-recession levels. Today nearly 2.5 million residential properties remain in negative equity, Read More

4 Most Important Things to Know Before Talking to A Real Estate Seller – Local Records Office

LOCAL RECORDS OFFICE, LOS ANGELES, CA: You simply cannot make an unmotivated seller motivated. This statement will save you a lot of time and headaches. When taking calls from people wanting to sell you their house, how do you determine whether they are motivated or not? What questions need to be asked and what are Read More

Real Estate Horror Story by Local Records Office

LOS ANGELES – This is one of the many horror stories people in real estate go through. Real estate is not all shine and glamor it has its bad too. A couple months ago I had a client bring me a deal to fund. He was pursuing a wholesale deal and the precursory buy or Read More