Monthly Archives: September 2011
Justin Asks… I recently lost my job and I’m wondering what the difference is between going through a foreclosure and simply walking away from my home and mailing the keys to the bank?
Justin this is actually a question that I hear more often than I would like to. Please understand that if you choose to simply mail your keys into the bank you are still the owner of that house. Therefore you … Continue reading
Amy Asks… Im confused with some of the loan terminology. What exactly is a “Conventional” Loan?
A conventional loan is a lender agreement that is not guaranteed or insured by the federal government under the Veterans Administration (VA), the Federal Housing Administration (FHA), or the Rural Housing Service (RHS) of the U.S. Department of Agriculture. A … Continue reading