Resources

Buying a House in a Buyer’s Market Part Two

In “Buying a House in a Buyer’s Market – Part I,” we explored the importance of timing when it comes to buying a house in a buyer’s market. Finding the right house at the right price should be a buyer’s first and final goal with a long term plan of living there as a means […]

Buying a House in a Buyer’s Market – Part One

With falling housing prices, mortgage rates at all-time lows, millions of houses for sale and anxious sellers, many wonder if now is the best time to buy a house or not. In some cases, sellers aren’t just anxious, they’re down right desperate and with the number of sellers far outnumbering the number of buyers, things […]

Qualifying for a Mortgage with 1 Person of a 2 Income Household

A common question home loan applicants have regarding income qualification of a purchase or refinance home loan is, “Do we make enough income to qualify for a purchase or refinance home loan using just one of our household incomes?” Using just one of the household incomes can come into play in many scenarios when getting […]

Buying a Home After Foreclosure

If you’ve experienced foreclosure you might think you’ll never be in a position to buy another home again. Foreclosure certainly impacts your credit score but it’s only a matter of time before you can once again apply for a mortgage. The question many people have is how long they have to wait before buying a […]

What Does a No Cost Mortgage Refinance Mean?

You hear it all over the radio and see it all over the internet. “Refinance with No Cost”, which sounds a little…errr, maybe a lot too good to be true. Today we will talk about what is a no cost mortgage refinance, how does it work, and if it is right for you.

Getting Ready for Home Appraisal – Part Two

In “Getting Ready for Home Appraisal – Part I” we explored the importance of having the right mindset and having your paperwork in order when it comes to preparing for your home’s appraisal. This week we’ll examine other important ways you can get ready for your home’s appraisal. A big part of preparing for a […]

Getting Ready for a Home Appraisal – Part One

When the time comes to get ready for a home appraisal it’s important to keep in mind there are factors you can and cannot control. While you can’t control the location of your neighborhood and the value of other homes on your block, you can control what the appraiser sees when he walks up to […]

Preparing for Your Refinance

From radio ads to TV commercials, newscasters and co-workers, lots of people are talking about refinancing. Trouble is not everyone meets the basic requirements for a refinance, nor do they know how to prepare for one. But the good news is preparing for refinance isn’t difficult. More people could meet those basic requirements with a […]

What President Obama’s Reelection Means for Homeowners

Though both presidential candidates were short on specifics about their housing policy, refinancing, new mortgage regulations and mortgage interest deduction all won on Election Day. Here’s what President Obama’s reelection means for homeowners. While Mitt Romney talked about economic stimulus throughout much of the campaign, the Obama Administration made it easier for homeowners to refinance […]

Using Seller Concessions to Help Finance Your Home Purchase

With a depressed housing market on the mend, this presents a great opportunity people looking to buy their first home. As is with most first time home buyers, cash is at a premium. Today we’ll talk about a clause in a real estate purchase used to help called seller concessions. What are seller concessions? Seller […]