At some point in most peoples lives they have this question, am I the type of person who will own a home; or am I a renter?  While this can change over time it’s a question that can only be answered by you.  Both have advantages and disadvantages and the more you know about each…

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Whether you are considering a home purchase or a refinance, there are some basic things you can do to ensure you are getting the best deal.  Some of them are obvious, and some not so much.  I wrote this quick guide in an effort to assist you in getting the best interest rate and cost…

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September 17th-18th will be the 6th Federal Reserve meeting to discuss the financial capability of our country and the price of money.  These decisions directly influence our interest rates.  It has been a well known fact that over the last two years the Federal Reserve has been getting pressure from the President to cut interest…

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PMI, Mortgage Insurance, it comes with different names but it means the same thing:  another cost to you.  Private mortgage insurance can cost borrowers thousands per year.  It can be frustrating because the value isn’t obvious to the client.  There is a way you can avoid that extra cost, save money every month and forget…

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Many borrowers struggle with the down payment for their mortgage, it’s one of the reasons people wait so long to buy a house.  With the market conditions so favorable towards home buyer it would be a good idea for buyers to know their options so they can start building equity faster.  Here is a detailed…

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In this market one of the best ways to get your offer accepted is to close quicker than the next person.  That means the standard 45 day closings are being pushed to 30 days or less.  If you are able to tell the lender we can close sooner, they are likely to accept your offer,…

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How long does it take to find, buy and close on a home?  This is a common question I get asked almost every meeting, particularly fro m first time home buyers.  It’s such a good question because it gives clients a time frame to prepare themselves for such a big event.  Because as you know…

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If you haven’t noticed it’s been pretty crazy in the real estate world over the last 2 years.  Home prices are rising, interest rates are bouncing around, and buyers are getting frustrated.  The overwhelming feeling that buying a home in an impossible feat because it’s just too competitive.  But what if you had some data…

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One thing I find myself explaining to many first time home buyers is their mortgage payment, not only how much it is but what it consists of.  So I put this together in an effort to  explain the 3-4 components of every mortgage payment. Principle and Interest (P&I) This is the portion of your mortgage…

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When you are considering purchasing a home and you are speaking with your potential loan officer, it’s important to remember that transparency is very important.  Your LO (loan officer) wants to ensure the smoothest transaction possible, because no one likes issues during this very important moment in your life.  There may be things you don’t…

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