The Gold Key's News
You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan.
Assuming a loan could minimize your down payment or closing costs and get you a more advantageous interest rate. To know whether an assumption will work, find out the loan balance. If the balance is a small fraction of the purchase price, you will have to come up with a large down payment or get a second loan for the difference, unless the seller is willing to provide some of the financing. If the loan balance is high, the loan may have been made when interest rates were higher than they are today. Most newer loans that are assumable have adjustable rates. If you are considering an assumption because of credit problems, you will need the lender's approval to make the transaction work.
Posted 2011-06-01 by The Gold Key Experts
You see them on cable TV, sitting around a swimming pool, sharing stories about how they got rich quick by buying valuable real estate for give-away prices. They took a course on how to invest in real estate and become millionaires overnight--with nothing down and no credit hassles from mortgage lenders. The course worked for them, and they say it will work for you, too.
If all this sounds too good to be true--it is! These "get-rich-quick" courses and schemes are being investigated by consumer fraud agencies around the country. This does not mean that you can't become a millionaire by investing in real estate. But investing in real estate requires one important thing from you--an investment of cash. You can't build an empire overnight, but you can do very well over the long term by selecting property in a good location that is priced well, and which can provide a reasonable cash flow.
Posted 2011-05-25 by The Gold Key Experts
Residential for Sale in Columbus!
"Immaculate 2 bedroom condo inside the Lakes at Polaris. Amazing upgraded finishes fill the condo, including granite counters in kitchen and bathrooms, new light fixtures, fresh paint and upgraded carpet. This unit is in an excellent location in the community, surrounded by lush green space and woods. View Today!"
Posted 2011-05-02 by The Gold Key Experts
Residential for Sale in Dublin!
"An amazingly beautiful 2 bedroom condo at the Vinings! This freshly painted unit boasts a gorgeous open floorplan on the main level, with a large wide open kitchen, great room and dining room. The soaring ceilings of the great room lets in TONS of natural light. Also has 2 Suite-style bedrooms upstairs w/ full baths!"
Posted 2011-04-11 by The Gold Key Experts
Residential for Sale in Blacklick!
"Gorgeous move-in ready condo in the beautiful Villas at Jefferson. First floor master, beautiful hardwood flooring, vaulted great room with giant windows and fireplace. Kitchen has been recently upgraded to granite counters, stainless LG appliances and breakfast bar. Large finished basement w/ walkout abd bedroom!"
Posted 2011-04-11 by The Gold Key Experts
Residential for Sale in Columbus!
"Beautiful 2 bedroom unit in Park Towers! This unit is on the 14th floor, the views of the city are AMAZING! Layout is open, large rooms and windows, leaving the unit filled with natural light. Large owner suite w/ attached bathroom, second large bedroom, usable as a den as well, with a second full bath. Check it out!"
Posted 2011-03-12 by The Gold Key Experts
Residential for Sale in London!
"Check out this beautiful 2 bedroom, 2 bath condo in London Village! What a deal! Two spacious bedrooms, master bedroom has a large master bathroom attached. Spacious kitchen w/ eating area, large family room, and a two car attached garage! a TON of house for the money. Set up your showing today!"
Posted 2011-03-11 by The Gold Key Experts
Residential for Sale in Westerville!
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Posted 2011-03-09 by The Gold Key Experts
Residential for Sale in Columbus!
"What a wonderful condo!! Unit boasts a large master suite with walk-in closet and large master bathroom. Cozy great room with fireplace, large eating area and a spacious kitchen! Complex is very close to all types of shopping and boasts its own pool and clubhouse. Dont miss out on this great deal!!!"
Posted 2011-01-20 by The Gold Key Experts
Residential for Sale in New Albany!
"Beautiful home with spacious kitchen, large living room with gas log fireplace, spacious brick paver patio off of the kitchen and a 2-car attached garage. Upstairs includes a HUGE master bedroom with bathroom with includes a soaking tub and shower, and a BONUS ROOM! Perfect for a media/game room! Dont miss out! "
Posted 2011-01-11 by The Gold Key Experts
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