Blog

How Much Remodeling is Too Much?

You want to remodel your home, but the cost is always a factor. It usually makes sense to make improvements that will result in a corresponding increase in the value of your home. For example, if a $10,000 renovation will add $10,000 to the value of the property, the project makes sense – at least […]

Keep Reading

New Mortgage Amounts and Loan Requirements for 2018

As is usually the case with the arrival of a new year, there are changes happening in the mortgage industry. These include changes in maximum loan amounts, as well as to certain underwriting criteria that affect borrower qualification. On balance, all of these changes are positive for 2018. They’ll enable higher loan amounts, and increased […]

Keep Reading

Why You Should Improve Your Credit Before Applying for a Mortgage

If you have some credit problems, you should improve your credit before applying for a mortgage. The house hunting/mortgage application process is fairly complicated. But it will be much more so if you enter it with unresolved credit problems Here are five reasons why you should improve your credit before applying for a mortgage. Being […]

Keep Reading

7 Ideas for Making Quick Cash

We all wish we made just a little more money. But sometimes what we really need is some fast cash. So, when you don’t have time to start a side gig or wait for your next raise, here are a few ways to make a little quick cash: Sell Your Unused Items We all have […]

Keep Reading

When it Makes Perfect Sense to Do a Cash-out Refinance

Strictly speaking, doing a cash-out refinance is a form of “equity-stripping.” That’s what it’s called any time you borrow money against your home for a purpose that is not related to the property itself. There’s no question that equity stripping can lead you to a bad place. But there are times when it makes perfect […]

Keep Reading

Surprise! Your Free Credit Score Isn’t the One Your Mortgage Lender Will Use

Nearly everyone has access to free credit scores today. But one of the big surprises is that the free credit score you’ve been tracking isn’t the one that your mortgage lender will use. That isn’t some sort of glitch in the system. There are a number of reasons why your free credit score and the […]

Keep Reading

Why a Home is Probably Still Your Biggest and Best Investment

While there’s much discussion about building wealth through retirement plans or investing in stocks, a home is probably still your biggest and best investment. That certainly true for the average household in America. Yes, there is the potential to accumulate significant wealth in retirement plans and stocks. But the reality is that a home is […]

Keep Reading

The Pros and Cons of Making a Minimum Down Payment

If you’re a first-time home buyer, you probably expect to make a minimum down payment when you buy a home. But there are pros and cons of making a minimum down payment, and you should be aware of them before you make your purchase. The Pros of Making a Minimum Down Payment Enabling You to […]

Keep Reading

Why You SHOULD Buy a Home in the Winter

A few months ago, I wrote a similar article Why Fall May Be the Best Time to Buy a Home, and that was true for all of the reasons stated in the article. But you know what? It’s even truer in the winter. That’s because all of the factors that make fall an excellent time […]

Keep Reading

When You Should Pay a Professional Instead of DIY

The idea of doing things yourself is tempting. After all, you can save money by taking matters into your own hands. But is it always worth it to do it yourself? Are there times that trying to manage the situation on your own could end up making things worse? Before you DIY — even if you […]

Keep Reading