Mortgages can be difficult to understand and whether you’re talking to one of our Mortgage Experts or browsing our website, you’ll have the information you need to make sure you’re better prepared when it comes to financing your home. Remember, you can always contact us directly if you have any specific questions. We’re here to help!
Though, it shouldn’t be the case, the process of buying a home can be very confusing, tiring and an experience you end up dreading. Just starting the process, alone, can be stressful. Questions like “Where do I start? What should I be looking for? How much can I really afford?” always come in to play very early on and we’re here to help set a common misconception of buying a home straight.
Fall weather is just around the corner and to maintain a beautiful home for years to come requires a little TLC. Here are 7 simple steps to help you prepare for this fall and save you money on costly repairs!
After the recent security breach of Equifax, one of the three main consumer credit bureaus. More than 143 million Americans’ personal information was compromised by hackers. This includes names, social security numbers, birth dates, addresses, credit card numbers, and driver’s license numbers. Now more than ever consumers should prepare themselves whether they’ve been affected or not by preventing identity theft. Here are the steps you should take now:
New Updates for FannieMae Underwriting Guidelines to be Effective: July 29th, 2017. These guidelines may help increase the chances of more buyers to qualify for loans, compared to prior years. In addition to FannieMae making these changes, our team makes it a point to stay on top of these guidelines to better serve the community.
There is much give and take involved in negotiating a home purchase. That’s why it’s important to fully know what you want to get out of the deal as a buyer from the start, that way you can communicate it clearly to the other party.
The process of buying a home can be stressful; but even more stressful would be buying a home, moving in and then realizing there are issues that exist you weren’t made aware of – costing you thousands of dollars in the end. A home inspection is an assessment of the structure and infrastructure of the home you want to purchase. It’s highly recommended to be ordered during your option period (period where you can back out of a home purchase agreement for any reason without penalty or fees). The price from a home inspection can be anywhere upwards of $200 but is well worth it, considering you’re getting a thorough look at the home to ensure there aren’t any glaring issues.
There are too many instances of seemingly harmless actions by mortgage borrowers that end up costing them thousands of dollars, or even having their mortgage loan denied. Below is a list of Dos and Don’ts to make sure you don’t do anything to potentially jeopardize your home purchase.
First, start by making a list of all the things you desire in a home. Then, make a list of things you do NOT want in a home. These lists should include every feature you do and don’t desire in your home, including yard space, home square footage, neighborhood, nearby schools, etc.