The mortgage market is certainly complex at times as there are so many functions required to approve a loan. The mortgage company must order services and reports from these entities just to get to the loan approval stage. Once a...
It’s everyone’s favorite topic! Taxes...with a sprinkling of politics, just to keep you interested! Okay, it may not be exciting, and at times it can be confusing, disheartening, and downright frustrating, but the subject remains important. If you haven’t heard,...
Remodeling can be expensive, but it's often justified because, as many claim, it will add value to their home. But is this completely true? As we’ll see, renovations may not, in fact, be a strong financial investment, but that...
The United States Department of Agriculture is one of the most important organizations for national homeownership. While the office may be associated with raising livestock, growing crops, and monitoring food safety, they also stimulate the real estate market in...
There are a lot of decisions to make when it comes to buying a home. One of the most important is deciding between a fixed-rate and an adjustable-rate mortgage. While adjustable-rate loans have their benefits, you’ll find that fixed-rate loans...
In a previous article, we discussed how you can acquire a loan to help purchase a home for an elderly parent. We discussed many important points, such as the challenges of purchasing a parent’s house as a “second home”...
The FHA is one of the most important government organizations in the real-estate industry. Many homeowners count on FHA loans, and we receive lots of questions about this type of financing. To help create better-informed borrowers, this is the...
Mortgage insurance can significantly increase the total cost of using a loan to purchase a home. In many cases, it equals hundreds of dollars a month, and the higher the loan (generally speaking), the higher your mortgage insurance price...
You’ve been searching for a quiet, comfortable condo within walking distance from downtown San Diego. You finally find the perfect place that has all the amenities you want, the space you need, and a gorgeous view overlooking the surrounding...
To qualify for a loan, you usually need to have some money as a down payment. However, saving for this down payment, which usually represents tens of thousands of dollars, can be difficult. Unfortunately, it may push many potential...