Cheryl Malone's (cmalone999) Blog

With the amount of  FORECLOSURES  on the market there are some great deals out there right now.  If you are able to  BUY A FORECLOSURE , now is the time.  If you are looking for your dream home, you may now be able to afford it. You don't need to buy a short sale to get a great buy in today's mar...

David and I get asked a lot: "what kind of credit scores do I need to buy a home?", or "what kind of credit do you need to get into a home"? Every loan program is different, and each loan also has different guidelines it follows on credit to buy a home. Some programs require 700+ credit scores wh...

When you are trying to create equity in a home by making improvements, here are some tips and things that can help. ***NOTE- "What is equity?"  It is the difference between what you owe on a property, and what it is worth.  Example: If you have a property worth $200,000 but only owe $150,000 then...

If you are thinking about buying or selling real estate in the Rogue Valley then you need to have the BEST REALTOR IN MEDFORD OREGON working for you... CHERYL MALONE! I believe in providing the best service possible to all of my clients.  Communication is key to any successful transaction.  All p...

We are often asked "What are 'points', or discount points?" when clients are applying for a home loan.First, a point is equal to 1% of the total loan amount. So, 1 point on a $100,000 loan is going to be $1,000.Discount points are commonly called points. They are used to buy down your interest ra...

Are you tired of renting? There are a lot of GREAT deals out there right now with prices lower than most have seen in a lifetime, but how do you buy a house with little or no money down? Here are very effective and popular ways that everyone is buying right now. First, you need a loan program tha...

A preapproval letter is a formal letter from a lender given to you on their letterhead simply stating that you have been prequalified for a home loan and have the ability to receive a loan from a lender. It can state many different things from your preapproved loan amount, the type of home you ca...

If you are thinking about buying or selling real estate in the Rogue Valley then you need to have the BEST REAL ESTATE AGENT IN MEDFORD OREGON working for you... CHERYL MALONE! I believe in providing the best service possible to all of my clients.  Communication is key to any successful transacti...

I have worked with many VA buyers lately and have used, David DuBeau with Sterling Savings Bank as my loan officer.  Getting a home and a great loan for the veterans is easier than many people may think. David DuBeau served in the military for 6 years total. After his tours ended he jumped into r...

In the past, it was black and white to qualify for a loan and you were seriously speculated as to your credit risk. When the real estate bubble started growing quickly, lenders got greedy and people were getting loans handed to them left and right (regardless of whether or not they could repay). ...