The 4-Step Financial Checkup to Get Ready for a Mortgage This Year

February 21, 2018 by John · Leave a Comment 

Are you ready to join the ranks of homeowners in our local community? Congratulations – homeownership is a big step towards building your net worth and financial freedom. However, it is also a significant transaction that will affect your finances for the foreseeable future. Let’s take a look at a quick four-step checklist that will help you to get ready to buy a home with a mortgage in 2018.

Questions and Answers Regarding Escrow Accounts

February 16, 2018 by John · Leave a Comment 

Whether you are purchasing a new home or you are considering applying to refinance your home, chances are the lender will require an escrow account.

Renovating in 2018? Cash-out Mortgage Refinancing Might Be the Best Way to Fund It

February 2, 2018 by John · Leave a Comment 

If you are a homeowner thinking about a significant home renovation in 2018, you have probably already considered your budget. As with any large project, you need to have the ability to pay the expected costs plus have a little bit extra set aside, just in case.

3 Reasons Why Buying an Investment Property Is the Best Way to Build Your Net Worth

February 1, 2018 by John · Leave a Comment 

Whether you have recently graduated from college or are getting close to retirement, it’s likely that you have given some thought as to how you can grow your net worth. You might have invested in stocks, picked up a few bonds or have a 401(k) plan set up to help fund your retirement. But have you considered buying real estate as part of your portfolio?

In a Hurry to Buy a Home? Speed Your Mortgage Approval up by Following This Checklist

January 31, 2018 by John · Leave a Comment 

Have you finally found your dream home after months of searching, only to discover that the seller has received other offers? Few circumstances can raise your stress level as much as finding yourself in a bidding war against another buyer. However, being unprepared by not having your finances in order can make the situation even worse.

How Much Is the Right Amount to Commit to Your Down Payment? Let’s Take a Look

January 19, 2018 by John · Leave a Comment 

Are you thinking about buying a new house or apartment? If you are going to take out mortgage financing, one consideration you will have is your down payment, which is the amount you pay up front in cash to cover some of the purchase cost. Let’s consider a few points that will help you to decide how much is the right amount for your down payment.

On Time, Every Time: How Being Late on Monthly Payments Can Affect Your Mortgage

January 18, 2018 by John · Leave a Comment 

Are you the type of person that struggles with remembering to pay their bills on time? You’re not alone. People across the country regularly submit late monthly payments, inflicting terrible damage to their credit. Let’s take a quick look at how paying your monthly payments late can have a negative impact on your mortgage.

Buying a New Home in a Hot Real Estate Market? Here Are 4 Tips You Will Need to Be Successful

January 17, 2018 by John · Leave a Comment 

Are you in the market for a new house? In a buyer’s market, finding and closing on a beautiful home can seem very easy. However, if you are shopping when the market is hot, you may end up fighting bidding wars and losing your dream home to a competing buyer. Let’s take a look at four tips that you will need to be successful when house hunting in a hot local real estate market.

Stuck in a Bidding War? 3 Ways to Win Without Busting Through Your Mortgage Approval Amount

January 11, 2018 by John · Leave a Comment 

Are you making an offer on a new home in a hot housing market? If so, one possibility is that you are going to end up bidding against other buyers who are looking to buy the same home. Unfortunately, in some cases bidding wars are inevitable, and they can be a significant source of stress. Let’s take a look at three ways that you can win a bidding war without having to spend more than you can afford.

How to Run a Quick Financial Health Check Before You Apply for a Mortgage

January 10, 2018 by John · Leave a Comment 

Are you planning on using a mortgage to help cover the cost of a new home? If so, you will want to prepare your finances and figure out how you will manage all those wallet-draining monthly expenses. Let’s take a look at how to run a quick financial health check to ensure you are ready to apply for a mortgage.

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