Can You Buy a House with an American Express Card?

One of the most well-known credit card issuers in the world is American Express. The business provides a variety of credit cards to meet various demands and lifestyles and is well known for its special rewards and bonuses. Nevertheless, utilizing an American Express card to make a home purchase might not be the wisest course … Read more

Can You Buy a House with an EIN Number?

Can you buy a house with an EIN number? Yes. You can use your EIN to obtain a loan, as long as it is for business funding. You cannot use this number to take out a personal loan, as an EIN is only designed for business-oriented transactions. Read more on You might be asking … Read more

How Does Owner Finance Work in Texas 2021?

How does owner finance work in Texas 2021? In an owner financing arrangement, you borrow from the seller instead of a conventional lender such as bank. You pay a fixed amount of monthly installment to the owner for a fixed number of years. The seller can foreclose if you don’t pay off the loan, just … Read more

Can a Lender Force an Escrow Account?

Can a lender force an escrow account? Answer: Generally, your mortgage lender can require you to have an escrow account if you borrowed more than 80 percent of the value of the property you bought. Your lender applies this amount to your annual private mortgage insurance premiums, homeowners insurance premiums, and property taxes. Read more … Read more