Blog

Mar
06
Buying A House With Friends: Is It A Good Idea?

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So you want to buy a home but can't swing it on your own - at least not without going the tiny house route or buying in a not-so-great area. But what if you could pool resources with one or more friends and purchase together?


Feb
27
Financing a Home in a Rural Area? Here’s How

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Homes that are located in rural or semi-rural areas can be more difficult to find financing for when researching conventional loans. Homes in these areas by nature are somewhat isolated as well as remote. This is important as it relates to identifying comparable sales in the area. When lenders evaluate a loan application there are actually two separate approvals going on- one for the applicant and one for the property. The applicant will provide income and employment documentation as well as copies of bank statements and more. A credit report will be pulled and reviewed.


Feb
20
Important Things To Know About Home Inspections

If you're hiring someone to inspect the home you want to buy, or you're a seller trying to find out if there are any hidden problems that need fixing before you put your home on the market, here are five things you need to know:


Feb
07
Insurance and Animal Bites

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Question: My condominium association is overrun with dogs. We are concerned that someone will be injured, and we will be sued because we did not impose the proper precautions. What should we do?


Jan
15
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Dec
25
Is There Really a “No Closing Cost” Mortgage?


Sounds attractive, doesn’t it? Getting a home loan and not having to pay those pesky closing costs? When you first embark on getting a home loan and talk to your loan officer, it’s information gathering time. You want to know how much you can qualify for, what your monthly payments will be and how much down payment you’ll need. You can be you’ll also ask about closing costs. Your loan officer can prepare a Loan Estimate for you.

This loan estimate is a three-page form that provides important information about a potential mortgage such as a note rate, the annual percentage rate, how much interest you would pay over the life of the loan and other data points. The loan estimate will also itemize potential closing cost...


Dec
18
Dec
11