There is an infrequently-used mortgage program available that could be the solution to a buyer’s or seller’s problem. A temporary buydown is fixed rate mortgage that the seller has prepaid interest at closing to lower the payments for a number of years. The borrower must qualify at the note rate but gets the benefit of […]

Buying rental property can be an excellent decision and the better informed you are, the more likely you’ll have favorable results. The following suggestions can help you with your decisions. Real estate is a long term investment affected by supply, demand and the economy. It isn’t an investment that is easily converted to cash. The […]

Everyone wants to save money on energy bills every month. But did you know that having today’s popular energy-efficient features in your home can also save you time and stress when you sell your home? More and more first-time home buyers are searching for homes in the area, so there is more of a demand for move-in ready […]

“If I tell you it’s going to rain, you can put the buckets on the porch.” If you grew up in the south, you may have heard this expression when a person is testifying to the veracity of his word. If you know a person and/or their reputation, you know whether you can trust their […]

Credit scores are used by lenders to measure the credit worthiness of borrowers. While there are several different companies that offer scores, the FICO, Fair Isaacson Corporation, is the model that is used most often. There are five key components that determine the overall score or rating. The most emphasis, 35% of the overall score, […]

Owning a home is a dream for many people. You have the opportunity to invest in a place of your own and build equity, not to mention carve out a space that reflects who you are and what you love. However, worries about down payments, property taxes, maintenance, and insurance (and student loans) can make buying a […]