How Home Buyers Who Aren’t Citizens Can Get a Mortgage

home mortgage for non-citizens

Home buyers don’t have to be citizens or residents to get a mortgage in the U.S. In fact, the credit and financial requirements are essentially the same for any buyer. But there is a difference: Home buyers who don’t live in the U.S. or who aren’t citizens can find it challenging to produce the required documentation for a mortgage. Because most U.S. lenders work with standard forms and reports, they aren’t set up to easily help a borrower who can’t produce a FICO score or a U.S. tax return .…

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Know What To Look For When Buying A Home

Home Problems You Shouldn’t Ignore Home ownership is most people’s dream come true. Often, home buyers find themselves overwhelmed by the process of buying a home and overlook many of the telltale signs that a home might not be all they think it is. More specifically, in these days of  internet and ‘virtual tours‘, people are tempted to make an offer, simply by what they see on a realtor’s website. This is a big mistake, as you only get to see the positive aspects of the home. It will always be good practice…

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New Home Sales In April Dropped Due To Low Inventory

april home sales

The cost of owning a brand new home is falling. Be that as it may, in spite of the fact that buyers are edgy for whatever homes they can afford, new-home sales were in reality down in April, on the grounds that there were less of them available—a number far shy of meeting the demand by home buyers. Prospective homeowners gathered up only 569,000 brand new homes April—a 11.4% drop from the earlier month, as indicated by a joint report by the U.S. Census Bureau and U.S. Department of Housing and Urban Development. What’s…

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LI Home Buyers, Scant Supply Drove Prices Up 4% In Quarter

long island homes

Buyers drove up home prices early this year as they competed for the scarcest supply of Long Island listings in more than a decade. Long Island homes sold for a median price of nearly $385,000 in the first quarter, up 4 percent from a year earlier, a report to be released Thursday by brokerage Douglas Elliman and appraisal company Miller Samuel shows. The number of sales grew by 5 percent year-over-year, and the number of listings plummeted to 10,796, a 21 percent annual decline and the lowest level in 15…

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