Clients call about a new home purchase, and the question is always the same: – This is how much I make, this is my current debt, How much can I qualify for to buy a new home? Based on the Qualified Mortgage (QM) rules, I can answer for how much you, as a borrower, can get approved…
Purchasing a new home can be very stressful for you. It is the largest purchase you will ever make. Understanding the mortgage industry is very confusing, and you are placing all your trust into one person. That one person could be your Spouse, Real Estate Agent, Mortgage Originator, Home Inspector, Parent, or a close friend…
By Harvey S. Jacobs, Published: May 10, 2014 in the Washington Post. In a surprising ruling, the United States District Court for the Eastern District of Virginia decided last month that international real estate broker Jones Lange LaSalle Americas (JLLA) was not entitled to a $6.6 million real estate brokerage commission because a key employee…