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September 9, 2020

A Homebuyer’s Guide to Federal Policy on Mortgage Lending

Buying a home can get intense, and you can easily feel intimidated by the lending process and closing requirements. Federal policies affecting mortgage lending has seen many changes in the wake of the subprime mortgage crisis that began in 2007, putting a stronger focus on eliminating predatory lending and increasing transparency for the borrower. Hearing…

Tips to Prep Your Home for the Spring Homebuying Season

If you want to sell your home during this year’s spring selling season, now is the time to get moving. Sellers can rest assured, homebuyers are already looking. Today’s buyers, particularly younger ones, have high expectations. They are looking for a home in excellent condition, with all its best features showcased. “It’s the HGTV effect,”…

Before you buy….

Before you buy a home – 1. Understand how much you can afford by determining your debt-to-income ratio and estimated payments (visit bankrate.com and tick “calculators” for an idea). Your first step should be to GET PRE-APPROVED by your mortgage lender or bank. 2. Understand the basics of financing and what you really can afford….

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