Working with a lender, when done right, is the beginning of a life long relationship. Your personal story has to be a part of the puzzle that a lender should care about if they are truly looking out for your best interest. Buying real estate can set you up for accumulating generational wealth, but there […]
Top 10 Questions to Ask Your Lender Read More »
Mortgage Rates continue to come down as we head into the last week of 2022. This trend will begin to set us up in 2023 for a healthier housing market ahead. Earlier this year, the 30-year fixed interest rate spiked to a high of 7.08% after the steepest climb in over 40 years. Today, Freddie
Mortgage Rates Continue to Drift Down Read More »
What is an assumable mortgage? An assumable mortgage is a type of financing arrangement whereby an outstanding mortgage and its terms are transferred from the current owner to a buyer. This means the remaining balance, mortgage interest rate, repayment period and other loan terms stay the same, but the responsibility for the debt is transferred to
Assumable Mortgages: What to Know Read More »
Don’t Panic: Unfortunately, this is too common of a practice. Your have rights, protection and you can regain your credit profile. Just recently, this happened to my son, and he followed the steps below: 1) Contact your credit card companies and banks and inform them of what has happened. Detail what you know, right away.
My credit identity has just been stolen…What to do: NOW! Read More »
Last year, the real estate market was so hot that many buyers had to pay over asking price and struggled to get favorable terms. But today’s housing market is allowing buyers more room for negotiation and discounts. This sets the stage for a potential opportunity. There are signs that inflation is beginning to ease, and
There is an Opportunity Brewing in the Housing Market Read More »