FHA down to a 600 credit score

JustListedKnoxville.com - Knoxville Tennessee - Just wanted to share the latest GREAT news from Southeast Home Mortgage. Southeast Home Mortgage will now do FHA down to a 600 credit score, (most lenders want 620 to a 700 credit score) including manufactured homes! To my knowledge, Southeast Home Mortgage is the only lender now doing anything at a 600! We want to earn your business and be your lender of choice. CLICK HERE for your Pre-Approval

Program Will Pay Homeowners to Sell at a Loss $1,500 to sell for less than the mortgage balance, along with incentives for banks

Program Will Pay Homeowners to Sell at a Loss $1,500 to sell for less than the mortgage balance, along with incentives for banks.

Taking effect on April 5, 2010 the program could encourage hundreds of thousands of delinquent borrowers who have not been rescued by the loan modification program to sell their houses through a process known as a short sale, in which property is sold for less than the balance of the mortgage.

CLICK HERE to take advantage of the new Short Sale Incentives for selling your House......

Multi-Generational Homes

Multi-Generational Homes

As baby boomers start to age, and the family unit is becoming more important than ever, many are finding it very convenient to live with multiple generations under one roof.

There are various reasons why a family may want to live multi-generational, such as to care for an aging parent, adult children with special needs, children going to college who may be living at home or coming back to stay from time to time. Whatever the reason, multi-generational living is certainly making a comeback.

You may want an extra bedroom or two for family members, while others require areas with a separate kitchen, entrance, handicap accessibility or even a larger garage for additional cars.

Desired location may also be influenced by proximity to local hospitals, senior centers or other important activities to family members.

Some options include two master suites in the same house, and others are small cottages separate from the main house, but connected by a lawn or courtyard, a garage apartment or refurbished basement. The house needs to be accessible for everyone, while still allowing everyone their own individual privacy.

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