Getting pre-approved for a mortgage is a great first step in your home shopping process. It will give you an idea of how much you qualify to borrow, which in turn gives you a budget to work with when you are looking. This is a number to work with before you decide on a certain property. It is important to note that there is a difference between pre-approval and final approval for your mortgage.Read More
Buying a new home can be a very exciting prospect, however, there are also a lot of practical realities that go along with buying and owning a home. The first thing you should do before looking at any homes is determine your budget.
This means sitting down with a mortgage professional before you start your search in order to determine what you can afford. It can be a heartbreaking experience looking at homes outside of your budget, not to mention it wastes your, and your realtor's time and resources that could be better spent looking for the right house for you.Read More
What is Title Insurance?
First things first: the word "title" refers to your legal right to own, use, mortgage and sell real property. Title Insurance is there to protect your legal interest, and often that of your lender, in your property.Read More
We've all heard the term "starter home". Usually it's used to describe a quaint little house that would be affordable for a young person or couple, but not really suitable for a family with more than one child. The theory being that this family will simply sell this little house and move into a larger one in the event that they have more children, or some other changes in circumstances. However, when you are buying your "starter" home, be mindful of the fact that life is full of surprises and you may end up staying in your first home longer than you anticipated. When looking for your home, don’t set yourself up to be "stuck" in a house.Read More