If you’re having trouble qualifying for a traditional mortgage, there may be another financing option available. A wraparound mortgage is a form of seller financing that’s designed to benefit both parties in the purchase.
Buyers may have a better chance at qualifying for a home loan, and sellers can profit. However, both the buyer and seller should understand the benefits and drawbacks of this financial arrangement.
The US gained more than 1.6 million people over the past year, growing by 0.5% to 334,914,895, according to the Vintage 2023 population estimates published by the U.S. Census Bureau. More states experienced population growth […]
The post US Housing Market Full-Year 2022 & Softwood Lumber Prices January 2023 appeared first on Weekly Real Estate News.
With interest rates now at 14-year highs, the cost of homeownership is becoming an issue for most prospective home buyers. HousingWire recently spoke with Mike Darne, vice president of marketing at CreditXpert, about how mortgage […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes