What Does My Mortgage Interest Rate Mean? If you follow the news, you’ve probably heard talk of “historic lows” and “raising rates” for real estate transactions. What does all of this rate talk mean? How is interest rate determined? Mortgage…
What am I Paying in My Mortgage Payment Each Month? Many property owners purchase their new home using a loan called a mortgage. Using a mortgage, an individual is able to get a loan for a home purchase, normally financed…
How to Buy a House When You Don’t Have Money for a Down Payment Many aspire to home ownership as the ultimate sign of adulthood. First time buyers may be intimidated by the amount of money needed for a down…
Should I Buy or Rent My Home? Here are some pros and cons to help you make a plan. Buying a home If you are in the market for a new home, buying is the best way to build equity…
What to Know about an Earnest Money Deposit If you are in the process of searching for a home, chances are the term earnest money deposit has come up. What exactly is this deposit and what does it get you?…
Spring Cleaning Tips for Homeowners Spring is in the air! For many, that means warmer temperatures, sunshine, and renewed energy to tackle projects. If you are a homeowner, this is the perfect time to work on some of the things…
What Government Shutdowns Mean for the Real Estate Market The federal government recently reopened following a 35-day partial shutdown, the longest in our nation’s history. Many federal workers worked without pay, relying on promises of backpay once Congress passed legislation…
Many people find it useful to have a checklist and on any good checklist these 2 items should be the first items on that list. as they are essential to getting the ball rolling on your dream of home ownership…
In our last post we talked about the pre-approval and how the twp most important items that any potential home buyer needed to focus on first was their credit and their pre-approval. Assuming all looked good in those areas, the…
In earlier posts we discussed finding the right lender and realtor. Now it is time to move on to the most exciting and sometimes nerve racking part of the home buying process. It is time to search for that home…
