WHEDA has been a great resource for first time and non-first time home buyers alike.  For many reasons this loan has become popular, probably due to it’s low rates and ability to avoid the down payment.  Some people prefer it because there is a no mortgage insurance option even with zero down payment.   Whatever…

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WHEDA has yet another benefit aside from it’s low rates and no down payment.  The Mortgage Credit Certification program.  This is a program that allows first time home buyers to save additional money on their taxes.   How It Works Let’s assume you buy a $150,000 home at 5% interest.  That annual interest per year…

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Hello, Earlier there was an article about the Loan Estimate Process, it explained the steps necessary to complete the beginning of your loan process.  But what about the end?  This article is intended to assist you with understanding the closing disclosure and the process associated with it.  I hope you find it helpful. Step 1:…

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What is TRID? Let’s break it down into real language What does TRID stand for?  TRID is the TILA / RESPA Integrated Disclosure Rule.  Only in the mortgage world would we make an acronym out of acronyms… so let’s break this down a little further.  TILA is the Truth in Lending Act and RESPA is…

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Thinking of moving to a different state?  Would you buy a house there?  Here is some average listing / sale prices for homes in each state.  Can you guess which ones are the highest?   51. West Virginia Median listing price: $159,000 Median listing price per square foot: $94 50. Ohio Median listing price: $169,900 Median listing price…

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When is the best time to sell? Nationwide, the best time to sell a home to both maximize return and minimize time on the market is in the first half of May. However, other factors can influence the best time to put your house on the market, including the specifics of your local housing market,…

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How we live when we sell a house is different than how we live when we’re not.  A good real estate agent will tell you some tips and tricks to make your home more appealing, it’s important to be aware of how potential buyers perceive your home.  When a buyer walks into your home you…

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Real Estate is hard, so it’s important to find the humor in things.  If you take it to seriously you will likely implode before your first year is done.  So in an effort to bring some sunshine to your day, here are some of the most ridiculous real estate photos I could find.    …

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I’ve written a lot about debt consolidation in the last several weeks because it’s a topic on a lot of peoples minds.  Some are hesitant to proceed because there is so much negative press around these loans.  To be fair there are many predatory companies ready to take your money and offer you nothing, to…

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Debt consolidation seems to be a hot topic as of late, with the federal reserve raising the cost of money some people can be feeling the pinch.  Increased rates means higher credit card interest rates, personal loans rates, mortgage and car rates.  It also could mean inflation, which is the cost of everything growing in…

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