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Buying and Financing HUD Homes

Are you a buyer looking to purchase a HUD home or a Realtor looking so sell a HUD Home?  Eaither way, in this video we explain:

  • how to understand the financing options for puchasing HUD homes
  • how to understand www.hudhomestore.com
  • repairs on hud homes
  • bidding on hud homes
  • Low Down Payment Options
  • and so much more!

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HOW TO PROTECT YOUR MORTGAGE RATE WHEN CLOSING GETS DELAYED

Are you under contract on a home with an expiring rate lock?  Need a rate lock extension?

Yesterday, a buyer called me in a total panic. They locked in their mortgage interest rate 30 days ago while shopping for a home near the Westwood neighborhood. Everything moved along fine until the seller asked to push closing back by ten days to finish clearing out their garage.

The buyer asked me, “Jeremy, if our rate lock expires before we close, will our interest rate jump up? Will our monthly payment go through the roof?”

I told them straight up: “Take a deep breath! An expiring rate lock will not ruin your deal, and you will not lose your low rate!”

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