Two Homes On One Property: 7 Tips on Getting a Mortgage Under Uncommon Circumstances
Seven tips on getting a mortgage under uncommon circumstances will help you purchase two homes on one property. Purchasing a property with two homes may be a challenge when it comes time to get it financed. Since the value of a property is based on current prices of comparative homes on the market and sold homes, finding a comparable to compare to can be difficult with two homes on one property. Even appraisers find a property with two homes more difficult to valuate and if the property has outbuildings, even though they have value, may not be able to be included in the final valuation that will go to the lender.
Home Loan After Bankruptcy: What Types of Mortgages Can You Qualify For?
You have options for getting into a home after bankruptcy. Suffering a bankruptcy can seem overwhelming both financially and emotionally. However, you have more options than ever to get back on your feet, including home loan after bankruptcy programs that you may qualify for. Here are some of your top options.