Now that you’ve found a property, it’s time to start looking for financing. Talk to several lenders, compare terms and rates and decide if this is someone you can comfortably work with. Yes you need to like them, but you also need to make sure they are someone who can help you understand all the issues associated with purchasing investment property. Pick someone you trust and find easy to work with.
Buying a home is a major commitment. It’s a bit like, well, getting married: you’ve got to be ready and you have to find the right “one.” And, like a marriage, homeownership is a dynamic experience that requires a tremendous amount of care and attention.
My wife and I try to keep our home maintained and major equipment in good working order. We do this for two reasons. First, we like having things in good repair so we can enjoy them more. Second, we expect it to help when the time comes to sell our home. But, does regular home maintenance really improve my home’s value?
When you visit a beautiful vacation destination, have a wonderful time, and plan to return again and again, you may dream of owning a home there. However, for many, a vacation home – with the big down payment, monthly mortgage, and ongoing maintenance costs — just isn’t in the budget. An alternative many people consider is a timeshare, which can seem like a cost-effective alternative to hotel stays. However, as with any major purchase, a lot of careful research should go into deciding whether or not a timeshare is the right choice for you. Here are four questions to consider before buying a timeshare.
A credit score is one of the pieces of information that we'll use to evaluate your application. Financial institutions have been using credit scores to evaluate credit card and auto applications for many years, but only recently have mortgage lenders begun to use credit scoring to assist with their loan decisions.
One of our most popular Lunch and Learn public seminars is our introduction to buying a home, and there’s a very good reason for that: the logistics of buying a home can be confusing. The good news is that you will find the logistics fall into place fairly easily if you understand three important numbers: your credit score, your down payment, and your debt-to-income ratio. These three numbers are your key to unlocking a mortgage approval.
The thought of buying a first home can seem overwhelming. First, there is a mortgage vocabulary to understand. Then, there is the paperwork to get in order. How do you know you are ready to move forward?
Our community Lunch and Learn seminars on buying a home are among our most popular. Ours pros are available to explain the entire mortgage process and answer your questions.
After speaking with our presenters, I put together this list of your five most common questions. Please share this with anyone who might be buying a home!
I enjoy getting out to our Lunch and Learn seminars because it gives me a chance to share helpful information, and it also allows me to hear what’s on your mind when it comes to personal finance. In today’s blog, I want to offer answers to some of the questions that we get in our popular free seminar on home buying, The Road to Home Ownership. This seminar is offered publicly at different times and locations through the year, so be on the lookout!
I enjoy getting out to our Lunch and Learn seminars because it gives me a chance to share helpful information, and it also allows me to hear what’s on your mind when it comes to personal finance. In today’s blog, I want to offer answers to some of the questions that we get in our popular free seminar on home buying, The Road to Home Ownership. This seminar is offered publicly at different times and locations through the year and it is also one of the seminars that employers can schedule for their employees this year. I’ll tell you more about that at the end of this blog.