If you have debts that remained unpaid for a long time, chances are the creditor sent your account to a collection agency. The amount of time creditors wait until they send your account to collections Read More
Why Do Mortgage Interest Rates Fluctuate?
If there’s one thing most homeowners or would-be homeowners worry about, it’s the interest rate. When you are buying a home, choosing the right interest rate can be one of the most frustrating things Read More
The Pros and Cons of Buying a Pre-construction Condo
Buying a pre-construction condo means you are buying a condo that is not yet built. While there are many benefits to have a say in what goes into your condo and what the finished product looks like, Read More
Should You Use an Escalation Clause in Your Purchase Offer?
When you are in the market for a home, you can feel like you are in a pool of sharks. If there are a great number of buyers all vying for the same home, you might feel as if you just want to make the Read More
What is a 1098 Tax Form?
If you have a mortgage, you’ll receive a 1098 form from your lender. Every lender that you hold a mortgage with is required to send you this form. This the form that your lender uses to let the Read More
How to Avoid PMI Without a 20% Down Payment
You probably assume that if you don’t put 20% down on a home, you are going to pay PMI or Private Mortgage Insurance. While it’s true that if you take out a conventional loan, you will pay PMI with a Read More
5 Things You Should Negotiate When Buying a House
Buying a house is exciting! It’s also overwhelming. Not only do you have to determine how much you will bid on the home, there are many other aspects of the purchase contract that you must negotiate. Read More
What you Should Look for in a HELOC Lender?
Do you need money for a home improvement project or big expense in your life? A home equity line of credit may be a great option, but you need to find the right HELOC lender. Don’t assume you must use Read More
Reducing Debt With Home Equity Refinance
You are in over your head in debt. What are you supposed to do? You don’t have enough savings to get you out of debt. But, you do have equity in your home. Whether you made a large down payment or you Read More
Fixed Rate Home Equity Loan or HELOC – What’s the Difference?
Tapping into your home’s equity is possible in a few ways. The most common is the fixed rate home equity loan or the home equity line of credit. Both loans have their pros and cons. We’ll run through Read More