Archive for April, 2018

Costs More – Takes Longer

Tuesday, April 24th, 2018

The one experience that homeowners can agree upon after completing a remodeling project is that it costs more and takes longer than expected. It doesn’t really matter that you researched, planned, and received multiple bids, it will, invariably, cost more and take longer than you originally anticipated. Now, a homeowner is faced with dealing with […]

Waiting Period After Distressed Sale

Thursday, April 19th, 2018

“How long do we have to wait to qualify for another mortgage” is the question concerning people who’ve had a foreclosure, short sale or bankruptcy.  The loan types for the new loan will differ in amounts of time to heal credit scores based on the event.   A recommended lender can give you specific information […]

Case Study – Housing Decision During Retirement

Wednesday, April 18th, 2018

A couple is planning to tour the United States in a travel trailer during their first few years of retirement. They are going to sell their current home now and purchase another home when they finish their travels. If they intend on traveling for more than three years, then, it may be a good decision […]

FHA Advantages

Wednesday, April 11th, 2018

FHA Advantages The Federal Housing Authority, operating under HUD, offers affordable mortgages for tens of thousands of buyers who may not qualify for other types of programs. They are popular with both first-time and repeat buyers. The 3.5% down payment is an attractive feature but there are other advantages: Finding the best mortgage for an […]

Waiting Will Cost More

Tuesday, April 10th, 2018

With the first quarter of 2018 in the books, the 30-year fixed rate mortgage is nearing what Freddie Mac predicted it would be in the second quarter. If this pace continues, rates will exceed the five percent mark expected by the end of the year. Delaying the decision to purchase or refinance could be an […]