21 Jul 2020
By Mortgage Blog Content

Should You Buy A Fixer Upper?

Mortagage Tips
If you've expressed any interest in buying a home that you can work on, your real estate agent may present you with one or two fixer upper properties for your consideration. Fixer upper homes can offer good value for certain kinds of homebuyers. But not everyone should buy a fixer upper. Here are some considerations to keep in mind. There May Be Unforeseen Conditions Until you actually get in there and start renovating, you cannot know exactly what is behind those walls. Fixer uppers could have unforeseen conditions that could blow away your renovation budget. If you do decide to forge ahead with an offer, consider hiring a structural engineer, a…
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17 Jul 2020
By Mortgage Blog Content

Get Your Finances In Order With A Few Simple Steps

Mortgage
If you are looking to buy a home one day but don’t think you are ready just yet, you are not alone. One of the most important tasks that you have to complete involves getting your finances in order. There are a few ways to get your finances in order before you buy, no matter how long you have been waiting to buy a home. Getting your finances in order with these simple steps can help you become a more competitive applicant both for a mortgage and a home that is on the market. Focus On Your Credit Score While it is true that your credit doesn’t have to be perfect…
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10 Jul 2020
By Mortgage Blog Content

4 First Things You Should Do After You Move In

Mortgage Tips
Congratulations on moving into your new house! But hold on. Now that the house is yours, there are a few things you will want to do in order to make life in your new home more comfortable and secure. Before you plan your housewarming party, here is a list of the first things you should do after you move in. 1. Change The Locks As the new homeowner, you have no way of knowing how many others have keys to your new home. The previous owner may have made copies for their housekeeper, their parents, the babysitter, a neighbor, or anyone else. You definitely don't want anyone else having keys to…
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18 Jun 2020
By Mortgage Blog Content

Should You Buy A Home Warranty?

Mortgage
When you buy a new house, the first thing you want to do is protect your investment. You already have property insurance. Should you also buy a home warranty? What Is A Home Warranty? A home warranty is not the same thing as insurance. Home warranties are service contracts. If a covered item breaks down and it is covered in the terms of the warranty, the home warranty company will pay to fix or replace that item. What is Covered Under A Home Warranty? Every home warranty contract is different but generally, a home warranty may cover items like major kitchen appliances, HVAC components, sump pump, in-home sauna or spa tub, and/or ceiling…
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03 Jun 2020
By Mortgage Blog Content

The Basics Of A Mortgage

Mortgage
The vast majority of people who are interested in buying a home are not going to be able to pay cash for the home. Even for those who can buy a home in cash, they often would rather take out a loan to avoid pulling money out of their investments where they would have to pay capital gains taxes. Those who take out a loan to buy a home will apply for something called a mortgage. Simply put, a mortgage is a loan that someone uses to buy a home. Mortgages are very specific to the real estate industry; however, they are similar to other loans. People borrow money to cover…
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02 Jun 2020
By Mortgage Blog Content

Routine Maintenance Of Various Systems In Your Home

Mortgage Tips
When you are a first-time homeowner, learning about your property can feel overwhelming. There are a number of systems in your home that require routine maintenance. Knowing when to have system serviced will help keep your home running smoothly. From the plumbing in your home, to the heating and cooling, understand that each system may need routine maintenance from time to time.  Your Heating And Cooling System To maintain comfortable air temperatures in your home, it’s important to keep your heating and cooling system up-to-date. If you have a whole home system, it should be serviced once before the heating season and once before the cooling season. When you get filters changed, and…
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