FHA guideline changes
Authored by Lyvonne Lees - Grand Rapids,MI
Mortgage guidelines continue to tighten with more stringent collection guidelines effective April 2012. Borrowers will no longer be able to obtain FHA financing based solely on their credit score....  read full article
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real estate questionWe have put a bid on a short sale home and are waiting for bank approval. The Bank has sent people to the home to do pictures (bbo or something) last week and it is a full cash from us bid, does that look good? Also Does this make the home that we are buying for us change the value or any bad for buying a short sale home? It is still the same for us as if we our buying a regular sale?

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