What Are Points in Real Estate?
If you are purchasing or refinancing a home, chances are you have learned a lot of new terms. One of those may be “points.” But what exactly are points in a real estate deal? Points are referred to as mortgage…
How to Pay Down Your Mortgage during Tax Season
If you are a homeowner in the United States, you likely have a mortgage, a loan taken out to pay for your home. The terms of these loans vary but most follow a 30-year payoff plan, with interest being paid…
Is it Time to Sell Your Vacation Home?
The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry…
Buying or Selling a Home? You Need an Expert Kind of Guide
In a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home…
How Your Debt-to-Income Ratio Impacts Your Home Buying Power
For the majority of home buyers, both first-time and experienced, a new home purchase is done by financing a large portion of the cost. This loan, called a mortgage, is offered through a financial institution specifically for the purchase of…
Understanding Mortgage Points
When you get ready to purchase a home, one of the biggest factors in your decision is likely the cost. A home is one of the largest purchases that most people will make in their lifetime so a lot of…
Selling (or Buying) in Peak Real Estate Season
Produce has a season. So do sports. But did you know that real estate has a peak season as well? People buy and sell homes all year long but there are certain times of the year when more transactions are…
What to Know When Buying a Second Home
Are you dreaming of a vacation with your toes in the sand? Or maybe you prefer a mountain getaway. No matter what your vacation preference are, there are homes available to purchase that can provide you with a place to…
Steps in refinancing your home
If your financial position has changed or the value of your home has gone up since you purchased it, you may be considering changing the terms of your home loan. If you want to get more favorable terms, lower your…
When to Consider a Second Mortgage (And When to Avoid It)
Over half of American homeowners financed their home purchase and have a mortgage. Banks and lenders like this arrangement because they earn money in the form of interest payments when they loan money to buyers. Buyers like it because they…
