Monthly Archives: January 2019
Setting the Price
The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is...
Importance of Inspection
As a buyer, you are entitled to know exactly what you are getting. Don’t take anything for granted, not even what you see or what the s...
Adjustable Rate Mortgages – The Basics
An adjustable rate mortgage (ARM) has an interest rate that fluctuates periodically. This is in contrast to a fixed rate mortgage, whic...
Adjustable Rate Mortgages – The PROS & CONS
Now that you know what an ARM is and how it works, you may be wondering what the advantages and disadvantages are. So let’s explore tha...
Closing and Title Costs
It’s the big day.
The day you go to the title or escrow company, sign your name on the dotted line, hand over a check and prepare to...
Closing Costs When Buying or Refinancing a Home
This is a detailed summary of costs you may have to pay when you buy or refinance your home. They are listed in the order that they sho...
Common Ways of Holding Title
How Should I Take Ownership of the Property I am Buying?
Real property can be incredibly valuable and the question of how parties ca...
Documenting Your Assets – Verifying Your Down Payment
When buying a home, it is not enough to just come up with the money. With the exception of no asset verification loans, lenders want to...
FICO® Score – a Brief Explanation
When you apply for a mortgage loan, you expect your lender to pull a credit report and look at whether you’ve made your payments on tim...
FICO® Scores and Your Mortgage
Years ago, credit scoring had little to do with mortgage lending. When reviewing the credit worthiness of a borrower, an underwriter wo...