by lizlaurenb | May 24, 2023 | Mortgage
Getting a mortgage is a significant financial decision, and it is crucial to ensure that you are financially prepared before applying for one. Conducting a quick financial health check before applying for a mortgage can help you determine your financial standing and...
by lizlaurenb | May 22, 2023 | Financial Reports
Last week’s economic reporting included readings on U.S. housing markets, sales of previously-owned homes, housing starts, and building permits issued. Weekly readings on mortgage rates and jobless claims were also released. NAHB: U.S. Home Builder Confidence...
by lizlaurenb | May 19, 2023 | Mortgage Tips
A land survey is an essential tool that is used to determine the exact boundaries of a piece of land or property. It is often required when buying, selling, or dividing land, and is also important for resolving property line disputes. Process: The process of land...
by lizlaurenb | May 18, 2023 | Mortgage
A bridge loan, also known as interim financing, is a short-term loan used to provide temporary financing until a borrower secures long-term financing or sells an asset. Bridge loans are commonly used in real estate transactions, such as when a buyer needs to close on...
by lizlaurenb | May 17, 2023 | Mortgage
When buying a home, there are certain steps a buyer should go through before the home sale is official. First the buyer makes the offer, then the offer is accepted. Next the buyer schedules the inspection and home appraisal. Finally, everyone is ready for closing....
by lizlaurenb | May 16, 2023 | Mortgage
When deciding whether to buy a home with cash or to obtain a low-interest rate mortgage, there are several factors to consider. A cash offer can be very competitive in a real estate market, as it can give the buyer a significant advantage over buyers who need to...
by lizlaurenb | May 15, 2023 | Financial Reports
Last week’s scheduled economic reporting included readings on inflation, consumer sentiment, and weekly readings on mortgage rates and jobless claims. Inflation Rate Rises in April, Slower Pace Expected in Coming Months The U.S. Labor Department reported...
by lizlaurenb | May 12, 2023 | Mortgage
Whether or not to help your kids pay for their mortgage is a personal decision that depends on your financial situation, your relationship with your children, and your beliefs about financial independence. It’s important to evaluate your own financial situation...
by lizlaurenb | May 11, 2023 | Mortgage
One of the main reasons people Airbnb their homes is to earn extra income. By renting out their homes to guests, hosts can earn money that can be used to pay bills, save for a vacation, or invest in their future. The decision to Airbnb your home ultimately depends on...
by lizlaurenb | May 10, 2023 | Mortgage
“Cash to Close” refers to the total amount of money that a homebuyer needs to bring to the closing table to complete the purchase of a property. It includes the down payment, closing costs, and other fees associated with the home purchase. How is it...
