Finance/Mortgage Tips

April 22, 2021

6 Tips from the Best Credit Repair Services

1-Open New Accounts Now

One of the best tips is the importance of opening new accounts now, rather than waiting until your credit report is all cleaned up. New accounts show that you are capable of getting back in the game and will have a great impact on your score ...

View More
April 8, 2021

How To Have Someone Else Pay For Your Child's College Education!

What a great idea!  Get somebody else to fund your child's college education! Nifty idea? Well, all it takes is owning rental property. Think about this - if you bought a rental property when the child is born, or within a couple of years, put it on a 15 year ...

View More
March 29, 2021

What Are the Costs when Purchasing a Home?

Once you’ve received a pre-approval letter from a lender, you are on your way to purchasing your new home!  You and your lender will have determined what type of loan best suits you and the Downpayment needed for that particular loan, which is the percentage of the home’s ...

View More
March 17, 2021

Investing In Real Estate - Know Your Numbers?

Real estate investments should be part of your overall investment portfolio. Why?

Return on investment – plain and simple. In looking for investment property properties the first factor I look for is the 1% rule. Will the possible monthly rent be at least 1% of the investment basis (purchase cost ...

View More
March 10, 2021

Guide To General Mortgage Terms

SORTING OUT THE ACRONYMS: A Guide to General Mortgage Terms

Listed below are a few of the more common terms used in lending today. If it feels like you and your lender are speaking different languages, reading the definitions below can help you get on the same page. When discussing ...

View More
Jan. 28, 2021

5 reasons home-buyers should get pre-approved!

Pro-tip: Home buyers should apply for a loan and obtain approval before beginning to look at homes!

Pre-approved

1.  You will know what to budget for your monthly mortgage payments.

2.  You won’t have the heartbreak of falling in love with a home you cannot afford!

3.  You can find the ...

View More
May 4, 2020

Mortgage Forbearance/Deferment?

I've had some friends out of work due to the coronavirus pandemic and wondering if they should look into getting mortgage deferment from their bank. I know of someone who asked for a four month deferment, so they don't have to pay for the next four months, and ...

View More