No, We aren’t talking about a literal animal entering extinction. We are talking about a fantastical program with features that aren’t available by other programs today. Every home loan program today requires a down payment and qualifications that are hard…
Simply put, a reverse mortgage allows a homeowner to supplement retirement using the equity in their home. Usually when a person enters retirement they receive less income than they did in the work force and their cost of living increases.…
While there are those who understand the real-estate market well, others see it as a foreign language like the NASDAQ. Unfortunately, many people are afraid of what they don’t know, making it difficult to pull the trigger on a big…
Facts: Condominium loans represent only about 8 percent of total mortgages. However, CoreLogic says they may play a much larger role in the future. Average Condominium marketing time is 60 days, the shortest since CoreLogic began tracking it in 2000.…
Many new homeowners are bombarded with advertisements for various home care services. These services can range from alarm systems to lawn care. And although many of these services are beneficial it really depends on an individual’s situation and whether or…
Although Spring is in full motion, it isn’t too late to check and maintain your air conditioning unit before summer. The last thing you want in the middle of June is your AC unit going out while hosting friends and…
When purchasing a home, the future homeowner learns new terms and concepts specific to a mortgage since it is a big purchase involving many parties and complex regulations. One of those terms and requirements, hazard insurance, is often misunderstood. What…
It’s natural for people to avoid the unknown because there is room for doubt and uncertainty. An Adjustable Rate Mortgage (ARM) is often misunderstood as being a "risky" loan, probably because many people are uniformed on how the loan works.…
Let’s talk fixer upper. We all know that housing prices are at a high right now in most areas, making it difficult to qualify and expensive to buy. However, with a fixer upper, a home buyer has to ability to…
Today mortgage rates dropped to their lowest in over a year. A variety of contributors are to thank for the rate drop such as uncertain market outcomes of Brexit, The 10 year Treasury auction, and favorable economic data. Because a…
