3 Common Reasons Your Housing Loan Application Can Be Refused

The IRS considers points to be a form of prepaid interest. This means they are tax deductible (as long as you itemize your deductions). If you are purchasing a home the points are generally deductible in the year you purchase your property. This is true even if the seller pays for your points. If you are refinancing your bank of america short sale real estate agent resource, points must be amortized over the life of the loan.

Real estate Rule one, two and three. "Location, Location, Location." This means no-one should compare a property of a better subdivision with a property of a lower subdivision. If your property is in a subdivision with lower standards, it requires a recent appraisal (lender decides who performs the appraisal).

Skip a sit-down dinner in favor of heavy hors doeuvres you'll save big on your overall budget, and your guests will likely appreciate the more casual atmosphere. And instead of a full bar, why not offer a signature cocktail along with cheaper staples like beer and wine? Above all, your wedding should reflect you as a couple, so keep that in mind throughout the planning process, and you're sure to have a beautiful, memorable wedding day, regardless of your budget.

Wedding season is typically considered to run from April through September. You can avoid peak prices and scheduling nightmares by planning a wedding during the off season months (October through March). Not only will you have more resources available to you, and at better prices (peak prices are typically 25-50% higher than the rest of the year, which can translate to big savings), but all of your planning will likely be less stressful, as you won't be competing for locations, venues, officiates, and caterers with thousands of other couples.

"Looking to short pay a second I have with BOA, I'm underwater (what a shock) and want to short payoff my second and am looking g for help. bad creditmortgage refinancing now</a>. Already 120 days behind only on 2nd" Dan M.

' One of the most common servicers' reasons for canceling trial modifications is insufficient documentation, but the U.S. Treasury can't determine if borrowers have not submitted the required documentation or if servicers lost or misplaced it.

If you want to keep the property, I would try for a loan mod first (it will take 4-9 months to get an approval), then see what they offer on the 2nd for a short payoff. If you do the short payoff with them, they won't go after the deficiency judgment. Make sure you READ the fine print before you sign the payoff agreement.

For those people who are hoping to move home in two years or less refinancing beforehand is not a good idea. The refinancing costs for doing the mortgage twice over will be too high leaving you noticeably behind.