Why do You Need a Realtor for a New Construction Home?

Building your own home from the ground up is exciting. You get to choose many aspects of the home right from the start that you otherwise could not do with an existing home. Remember, however, it is still a home purchase and possibly one of the largest investments you...

What To Do if Your Mortgage Application Has Been Denied

The last thing you want to hear when you apply for a mortgage is that it’s been denied, but it happens. The good news is that it doesn’t mean it’s the end of the road for you. The bad news is that you have a lot of work ahead of you.Compare Offers from Several...

Five Common Refinancing Blunders and How to Avoid Them

When you think of refinancing, you automatically think of saving. It allows you to lower your current interest rate and reduce the loan term. Some refinancing options even allow some cash-out. The goal is to save more money. While this is true, it is not always that...

How to Change a Deed When you Inherit Property

Inheriting property can be exciting, but it can also come with a lot of legal paperwork. You can’t just transfer a home over to your name without going through the proper channels. Either the appointed executor of the will or a member of probate court will need to...

Mortgage Applications Slide Down in Latest Weekly Survey

In the week ending July 7, the volume of mortgage applications had acutely gone down 7.4 percent for the previous week. This data** is reported by the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey.SURVEY HIGHLIGHTSThe overall Market...

Piggyback Loan or PMI – What’s Better?

If you are unable to put 20% down on the home you purchase, you have two options – pay PMI or take out a piggyback loan. Either way, you help lessen the risk the lender takes by providing you a loan without a large down payment. Both choices have the same end result –...

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Risks Involved in Buying a House With Unpermitted Renovations

Buying an existing home can be exciting and scary at the same time. While you would hope the seller discloses everything there is to know about the home, that’s not always the case. One area they often cover-up, whether knowingly or unknowingly, is with unpermitted...

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What to Look For In a Residential Rental Investment

Investing in real estate can be exciting and scary at the same time. While you might stand to make a decent profit, there is always the chance of serious loss too. Before you buy a home for rental purposes, consider what you should look for to make the most of your...

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What is Considered a Good Credit Score?

Your credit score can make or break your ability to get a loan. So what do lenders consider a ‘good credit score?’ It can vary by lender, but on average, most lenders consider scores over 700 good. Of course, the higher your credit score the better off you’ll be....

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