Uncategorized

You have searched through listings and identified your ideal neighborhood. The next step is to find the perfect home you always wanted and make an offer. As a first-time homebuyer, you will want your offer to be accepted over other offers, but you may be a bit confused about the…continue reading

A majority of millennials have student loan debt and write off applying for a mortgage as they fear that their debt will make them an automatic “no.” According to the National Association of Realtors, “More than 80% of Americans aged25-35 with student loan debt blame their educational loans for not…continue reading

A home appraisal is a critical step of the mortgage and refinancing process. Lenders depend on professional home appraisals to determine the fair market value of a home and approve a loan. As a buyer or refinancer, a home appraisal will affect the amount you can borrow. It is important…continue reading

When you apply for a mortgage, the approval process can be confusing and complicated. There are many steps and levels you have to go through before the monumental mortgage document is sealed. While each step involved is important in your home buying process the mortgage commitment letter should be the…continue reading

Millennials are defined as individuals who were born from the early 1980s to 2000. So, most people that fall in this category are between the ages of 21 and 41. Until 10 years ago they only accounted for a small portion of homeowners. However, according to The National Association of…continue reading

When you fill in a mortgage application form you will be asked how your property would be used. The three potential classifications of a property are a primary residence, a second home, or an investment property. This might be a minor detail but how you categorize the home will affect…continue reading

Once you get into the home-buying process you will realize that there are many other expenses besides the down payment and closing costs. One such expense which can come as a surprise and you need to plan for is earnest money. Here is an overview of what earnest money deposit…continue reading

When you decide to purchase a home there are multiple things that you need to consider like what type of mortgage you should apply for and how much home you can afford? However, one other important thing that you need to think about is whether you should purchase a home…continue reading

One of the significant social side effects of the coronavirus pandemic is that working from home has become the new normal for millions of Americans. Now that the tax session is underway the WFH (working from home) employees may be wondering if they can claim a nice tax break under…continue reading

Homeowners struggling with the aftermath and turmoil of the COVID-19 pandemic have received welcome news. The Biden Government has asked Federal agencies to extend the foreclosure moratorium and mortgage forbearance relief programs. This will allow more than 2.7 million homeowners who are currently still in forbearance to keep their payments…continue reading