Self Proclaimed Mortgage Week!!

About 4 months ago, my wife and I made an offer on our first home. The house was in a short sale situation, meaning it was a near foreclosure. The seller was motivated to sell, but ultimately, the lender holding the loan had to approve the deal because the sale price would not cover the loan balance.

Luckily for us, the lender was Countrywide/Bank of America, who has become world renown for the number of foreclosures they have on their books. So after we made our offer, we had a long wait ahead of us. But now that we’ve finally made it, I wanted to commemorate the moment with a week of fff posts, all about mortgages.

That being said, Welcome to Mortgage Week! This week, we will handle all things mortgage. We will also tackle some common mortgage questions. To accomplish this, we are going to tinker with some new technology, so bear with me.

Tomorrow, we will be looking at the mortgage calculator. After our brief tutorial, you will be a mortgage calculator super hero. So stay tuned!