Mortgage & Finance
Top 3 Factors to Consider when Qualifying for a Home Purchase or Refinance
Financial institutions look at a wide variety of things when a customer applies for mortgage financing on a home. There are 3 main building blocks that create the foundation for…
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When Buying a Home, Make Your Credit Score Work For You
When Buying a Home, Make Your Credit Score Work For You: When preparing to buy a new home, your credit score becomes more important than ever in getting the best…
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10 Most Commonly Asked Questions about Reverse Mortgage
Aging homeowners, looking ahead to retirement, and planning for how their retirement is going to be funded, have an option available which they can consider; the reverse mortgage. A reverse…
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5 Common Things that Can Turn a Pre-Approval into a Declined Loan
Everyone probably knows someone that has had a bad mortgage loan experience. The mortgage loan process is a complicated one and sometimes the Lender can make a mistake, or the…
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7 Good Reasons Why Owning a House is Better than Renting
Home Sweet Home! That’s what we all want, right? Yes, and to complicate matters, there are so many choices to make to find the just-right place for you. Let’s start…
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6 Key Things You Must Know About the Contract for Deed
In this article, we’ll help you understand contract for deed financing as well as the pros and cons that accompany it. After reading this article, you will have a clear…
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Best Guide to Buying Your First Home: Saving, Preparing, and Thriving
Homeownership remains a cornerstone of the American dream. While the journey up the mountain seems improbable at first glance, there's plenty of ways to make your ascent and reach the…
Why Two Borrowers with the Same Income Can Afford Completely Different Houses
Why Two Borrowers with the Same Income Can Afford Completely Different Houses? Quick Answer: Income alone does not determine mortgage affordability because lenders evaluate risk, not just earnings. Mortgage underwriting…
Related Topics
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Common Types of Real Estate Loans
Type of Loans There are many types of mortgage products available for investment property home buyers. You may wish to talk with a mortgage professional to help you find which mortgage loan best fits your needs for investment properties. The…
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Differences in Owning a Condo, Co-op or Townhouse
Getting ready for homeownership? You may have already decided that renting is no longer for you, nor is it a good use of your money. Perhaps you’ve decided to pay your own mortgage instead of someone else’s! Often, the final…
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Buying Established Homes vs. Buying Land for Sale: The Pros and Cons
House-hunting can be a long and frustrating process. It takes time to find and study all the options and decide whether they conform to your needs. You want your new house to be located in the right area, be large…
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Benefits of a home inspection for Home Buyers
We know there are multiple steps in the process of buying a single-family home. You start out by engaging the services of an experienced realtor and making your list of priorities for the home and the neighborhood. You look carefully…
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10 Important Features to Consider When Buying a House
When buying a house, everyone has priorities. The buying process is complex and takes time, and it’s easy to get off track. Having written priorities is a helpful way to guide you through the process without forgetting some of the…
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Important Reasons Why Total Home Warranty is a Right Choice
When you purchase a new home, its care and maintenance becomes a top priority for you. One way to ensure that your home appliances and other electrical systems are taken care of is by protecting them under a total home…
Why insurance gives first-time Home Buyers peace of mind
With daily news about disasters of one type or another, one can’t escape the dismal message that unexpected things can happen without warning. Insurance isn’t always the sexiest topic, but there comes a time when we need to take notice…
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When to Follow your Realtor’s Advice and When to Trust Your Own Intuition
Buying or selling your home can be a stressful time to say the least. Add the need for a quick turnaround and it’s a real mess. Even people who have plenty of time to buy or sell put it off…
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Renting vs. Buying a Home: The Pros and Cons
Maybe you’ve been offered a job in a new location, or your current living situation is simply not working for you. You might be moving out on your own for the first time. There are many situations that will lead…
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Buying Single-Family Real Estate Investment Properties
Real estate investing is a fascinating topic and a successful investment strategy for many people. As with most endeavors, the more information you have and the more carefully you apply that information to your set of circumstances, the better for…
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Buying Townhouse Investment Properties
This article is the third in a series of interviews with Minneapolis realtor Tim Kindem from Keller Williams Integrity Lakes. In our first 2 discussions on residential real estate investing, we focused on purchasing duplexes and single-family homes. This article…
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8 Tips for Landlords to Increase Rental Property Income
There are two ways to increase the net profits from your income property: 1) bring in more money, and 2) spend less. Many landlords focus on reducing their expenses, but that can be a mistake. There is a limit to…
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Why Home Matters
"Home is...togetherness." "Home is…where my children can play and feel safe." "Home is…where my loved ones' dreams can be nurtured." "Home is…a place that I am grateful for… a place that is filled with love and security… a place where…
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10 Smart Ways to Make and Save Money with Your Rental Property
Buying a home to rent out for profit can be a sound investment. In the ideal scenario, you spend some money initially on a down payment, repairs and necessary services, then collect rent that covers the cost of your loan…
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20 Clever Ways to Increase the Value of Your Home
Clever Ways to Increase the Value of Your Home: In this article, we’ll discuss some ideas for minor to moderate updates that may help make your home more attractive, appealing and desirable to a buyer, while helping you get the…
