Is your Mortgage Rate over 3.500%?

Refinancing your mortgage means replacing your current mortgage with a new loan. The most common reasons why owners refinance are to lower their interest rates and lower their monthly payments. However, homeowners may refinance for a variety of reasons, such as wanting to change the terms of the loan, using their home’s equity to makeContinue reading “Is your Mortgage Rate over 3.500%?”

The Home Buying Deal Killers

Buying a home is very exciting. However, nothing can be a bigger disappointment than finding out that your loan is denied before you are about to close your transaction! You’re a week away from having the keys to your new home and your loan officer calls to let you know that your loan was deniedContinue reading “The Home Buying Deal Killers”

Proactive Buyers help escrow close on time!

Maybe it’s not the most fascinating topic of the day. If you’re buying a home, however, and that “time is of the essence” phrase on the purchase agreement is really applied, how easily and quickly your escrow closes is indeed the kind of thing that can keep you up at night. No one likes aContinue reading “Proactive Buyers help escrow close on time!”

If you can afford to Rent, Then you can afford to Buy!

If You Can Afford to Rent…Then You Can Probably Afford to Own. Interest rates are near historic lows. Purchasing power has increased, and the cost of renting in many areas is now greater than the cost to buy. Some say mortgage loans are impossible to obtain without perfect credit and 20% down. Want the truth? ReadContinue reading “If you can afford to Rent, Then you can afford to Buy!”

Take the emotion out of buying a home using good business sense

There is a good deal of emotion wrapped up in buying a home. Determining where we will spend the most intimate as well as memorable moments of our lives is no small decision. And it is no doubt one of the biggest investments most of us will ever make. Removing emotion is no easy task.Continue reading “Take the emotion out of buying a home using good business sense”

Over-improving your Home: doing too much of a good thing

Homeowners doing major renovations this summer may not want to hear it, but there’s actually such a thing as doing too much. Spending too much. Adding too much. Bankrate‘s Dana Dratch says over-improving means you may be bringing a curse upon yourself: sinking so much into upgrades, renovations or additions that you’ve burned nearly allContinue reading “Over-improving your Home: doing too much of a good thing”

5 Indicators of Where the Market’s Headed

5 Leading Indicators to Gauge Where The Real Estate Market Is Heading There are several key indicators that may predict what to expect in the weeks and months ahead. Instead of relying solely on the more sluggish statistics of home sales and pending contracts, knowing the following info will give you a much clearer perspective onContinue reading “5 Indicators of Where the Market’s Headed”

Can you still purchase and negotiate a home during this time?

3 Key Things To Know When Purchasing        Property In A Pandemic While the ongoing pandemic has created a lot of uncertainty within industries and households alike, one thing is for sure: Over the last couple months, the entire world has shown an astonishing ability to adapt and get things done. Technology (ex.Continue reading “Can you still purchase and negotiate a home during this time?”

Can you answer Yes to any of these questions??

If you or someone you know can answer Yes to any of these questions, we should talk!! Paying PMI (private mortgage insurance) Have an Adjustable Rate Mortgage Credit Card Balances over $10,000 Need cash for renovations to your home Have a First and Second mortgage to combine Your Home Equity Line of Credit keeps goingContinue reading “Can you answer Yes to any of these questions??”

How does refinancing save homeowners money?

Question: How does refinancing save homeowners money? There are two categories of refinancing, “rate-and-term” and “cash-out.” Both can save you money. The first type, rate-and-term, replaces your existing loan with one that has a better rate and/or terms. You might replace an ARM or balloon loan with a fixed-rate loan, for example. Or you mayContinue reading “How does refinancing save homeowners money?”