3 Smart Tips for Increasing Your Credit Score
If you want to buy a house any time in the near future, your credit score matters. Lenders use your credit score to determine how risky it is to loan you money. With a higher score, you’ll have a better chance of getting approved for a mortgage. Also, you’re more […]
What is a Mortgage Broker, and Should You Use One?
If you are planning to buy a new house, you are sure to look for a mortgage. However, you might also be wondering as to go to a mortgage broker or consult to a lender directly? Times has changed, a broker now no longer just brings you a list of […]
What Is PITI and Why Does It Matter When Applying for a Mortgage?
If you’re shopping for a mortgage, you’ll hear the term PITI. But what does PITI mean, and why does it matter? Shopping for a mortgage can be confusing because lots of unfamiliar words are often used by your lender or found in financial paperwork. Early on in the process, one of […]
Tips for simplifying the home buying process
Homeownership looks different depending on the person or couple, but for most it’s a way to build wealth. The New York Times Magazine ran a survey in 2017 that found that homeowners are on average 36 times wealthier than renters. It isn’t hard to imagine why when you shift rent payments into […]
Mortgage Secrets That Will Save You Money
It’s hard to imagine a more boring (and dreaded) word than “mortgage.” But if you know where to look, you might find a mortgage that will save you thousands of dollars a year, or qualify for a loan when you didn’t think you could — and that’s exciting. You might […]
More Homebuyers Misrepresent Their Income on Mortgage Applications – [Study]
The Many Ways to Be Relieved of Your Timeshare Obligations While it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare companies maintain that their contracts are non – cancellable. This […]
How to Save for a House: The Complete Guide
Most people would buy a home if it weren’t for this one thing Homeownership has long been the American Dream. But for many, it seems that money (or the lack thereof, more specifically) is the only thing standing in the way of that dream. According to a recent survey from […]
Can I Sell My Home If I’m Behind on My Mortgage?
If you’re behind on your mortgage payments and don’t see your situation improving, you might be thinking the only way out of this mess is to sell your home. But can you? The short answer is yes—that is, so long as your lender hasn’t foreclosed on your home yet. The foreclosure process begins […]
30 Things to Remember When on the Hunt for a New Home
Know the true cost of homeownership Think you’re getting a raw deal by renting your digs? The truth is that homeownership will put you on the hook for big-ticket expenses you don’t have as a renter. In addition to your monthly mortgage payment, you’ll also have to pay property taxes, […]
Need cash? Now You Can Sell the Equity in Your Home to Investors
Greg Hart’s home in Thousand Oaks, California There is a new way to take cash out of your home with no monthly payments and no interest. It’s not a loan. It’s not a mortgage. It is a contract with an investor who wants to purchase some of your home equity […]