I read and article written by a Realtor about the top 10 reasons for delays in the mortgage process. I thought about six or seven were valid and the others either had little to nothing to do with the mortgage side of things or were fluffed up to get the number to 10. That said, […]
You have equity in your house and it’s increasing every month as you pay your mortgage down and as your house appreciates. What is your equity doing for you? Absolutely NOTHING. As I have written in many other blog posts (here’s one: Four Ways to Put Your Equity to Work for You: #1 Renovate / […]
An important question with regard to any loan is “Should I lock?” or When should I lock?” No one ever really knows for sure. I have a pretty extensive background in investing (I was a Series 7 Licensed Representative for Fidelity Investments in the mid-90s) so I’m familiar with a lot of things that the […]
Buy this… and turn it into something like this… What is the Return on Investment of the Equity in Your Home? The answer may surprise you…it’s a big, fat ZERO. This is the first in a 4-part sears about how you can put your equity to work for you. “But my equity is already working for […]
Strategies to Help You Get Your Offer Accepted I hear all the time how homebuyers have submitted offers on many homes and they are frustrated because they lose for a variety of reasons, often to cash offers. If you are waiting for your train to arrive in the form of an accepted offer, you may […]
Like most things, there are costs and benefits, the yin and the yang, the good and the bad…well, I think you get the point. So lets look at the benefits of home ownership vs. renting. This isn’t meant to be comprehensive in any way, but hopefully it will provide some ground work if you are […]
I love good technology. I love tools, software and hardware, that will help me be more efficient or better than I would be if I didn’t have that tool. With that in mind, here are a few tools for my Realtor friends (clients may very well get great benefit from them as well). Zoom Video […]
Once upon a time a young father decided to apply for a mortgage so he could buy a home for his wife and baby. He provided all of the necessary documentation to get pre-approved and after a quick review, the loan officer (yours truly) gave the young father an approval. Excited about the possibilities of […]
I’ve been in the mortgage business over 22 years and over that time, I’ve noticed patterns. For instance, the market always takes a pause around the holidays. Buyers typically either want to be in their new home before the holidays – especially Christmas – or they typically wait until after the new year (often times […]
Let me begin my story by providing you with a little background so that you will have some context. I talk to all of my clients about investing. Whether you are a first-time homebuyer or have owned many homes, I want you to understand investing concepts like the time-value of money and considerations when investing […]