Did you know that there are special requirements for this? Renting out your current property doesn’t relieve you of the debt ratio involved in calculating your new loan qualification. Here is some of the requirement: You need to have 25% to 30% equity (depending if the new loan is FHA or Conventional) in the existing […]
Albuquerque Supply and Demand Statistics February 2014
In a world of Perfect Competition, this statistical information shows “If no other homes in the area were put on the market, how long would it take to sell all of them currently on the market” – Find your neighborhood, see how many current listings and current contracts – and see how long it will […]