New Mortgage Rules Effecting Your Home Purchase

…this was a headline in this Dec 2013 article and here’s the beginning of the article:

If youbre planning to buy a house next year b and unless youbre in a position to make an all-cash offer b chances are youbll be affected by some significant changes occurring in the mortgage application process beginning in January.

Several federal agencies are implementing new policies aimed at addressing lax underwriting standards that led to the housing market crash more than five years ago. The new policies could play a role in how much house you can afford.

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Now, thankfully, we don’t have to worry about that with our buyers because we are helping them get into homes of their own via our unique lease purchase program as well as some homes that have owner financing available.B To see what some of our buyers have experienced check out their comments on the testimonial section of this blog.

Pre Holdings, LLC, Pre Property Solutions and affiliated or subsidiary companies (“Pre Holdings”) are not real estate brokers or agents. Pre Holdings is a real estate investment company. All properties are either owned by Pre Holdings or the company has a purchase contract and/or option with the owner of the property, which Pre Holdings may assign to third parties. Pre Holdings is not a real estate brokerage and does not provide realtor services to the public, or to any of the parties to which it has contractual relationships.