Lisa Wolff's (wolffpakrealty) Blog

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Real Estate Agent - WOLFF PAK REALTY - BK3126403

ARCHIVED BLOG POSTS

2010 

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Unlike VA Loan, a mortgage conventional loan is a lender agreement that is not insured or guaranteed by the federal government under the Federal Housing Administration, Rural Housing Service of the U.S. Department of Agriculture. Conventional loan can still follow the guidelines of government spo...
02/09/2010
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A VA loan is a low-cost mortgage that is insured by Department of Veterans Affairs and was intended to offer long-term financing to the U.S. military veterans, persons on active military duty, certain guard & reserve members, and certain un-remarried surviving spouses of veterans. VA loans can be...
02/09/2010
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Well, this is slightly off the topic of Real Estate but it is a well deserved salute to the SAINTS! I am a native New Orleanean and now in Florida. Oh, how I miss this city. This day has been a long awaited celebration (not that New Orleans needs an excuse to celebrate). There is so much to say a...
02/08/2010
New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs ...
02/04/2010
Comparables is a real estate appraisal term referring to properties with characteristics that are comparable to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property throu...
02/01/2010
Real Estate owned by a lender is called a Real Estate Owned or REO property. The real estate will become an REO after an unsuccessful sale at a foreclosure auction or the bank has reclaimed the property through a Deed in Lieu of Foreclosure. A bank will usually arrange the opening bid at a forecl...
02/01/2010
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