There is one crucial milestone that stands between finding the perfect home and getting it before someone else does — a successful offer. In a competitive market sellers have choices and are less inclined to review all offers. Buyers must be prepared to act fast and be savvy with their offers. Standing out from the…
Divorce involves complicated financial matters. Topping that list is jointly owned real estate. If you get the house, what happens next? Are you buying out your partner? What happens to shared earned equity? How will you manage mortgage payments? Can you apply divorce settlements to the loan?
Credit ratings are an important measure of a person’s financial wellness. Think of them as a report card for your finances. Lenders review credit ratings to determine the risk associated with the requested loan. The higher your credit score is, the more likely it is you will repay your loan. As a result, individuals with…
As the coronavirus pandemic continues, people are finding new ways to resume normal activities with an eye toward safety. This includes real estate and mortgage businesses. The good news is that innovations and technology are helping to keep the wheels of real estate turning, but it is safe to say homebuying and financing will look…
As we proceed through the COVID-19 era, people and banks are finding ways to get back to normal as much as possible, always with an eye towards safety. This includes the real estate and mortgage businesses, which are essential to the housing needs of people everywhere.
Mortgage interest rates are hovering near historic lows. Not surprisingly, many homeowners are asking themselves, “Is now the time to refinance?” The answer is … maybe. Before you consider refinancing your existing mortgage, consider the following:
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