Helpful Mortgage And Real Estate Advice

Mortgage Videos

What Steps Need To Be Taken To Secure A Loan?

By on January 16, 2014 in Mortgage Videos

It’s exciting to be standing in your potential new home. You may be set on a property, but one of the hardest parts is yet to come: the loan process. For many prospective homebuyers, the loan process appears overwhelming, requiring many documents to solidify your approval and securing a loan. If you are organized, however, […]

Continue Reading »

What Other Issues Should I Consider Before I Buy My Home?

By on January 16, 2014 in Mortgage Videos

You’ve checked the plumbing and the roof of your dream home, and everything seems perfect. If you are ready to place an offer on a property, you should also consider several other factors before jumping into a property investment. Mother nature, and local laws, may treat your potential new home poorly in the future. Protect […]

Continue Reading »

How Can I Keep Track Of The Homes I See?

By on January 16, 2014 in Mortgage Videos

As you spend several weekends looking at various houses, the entire process may become a blur. Your favorite house may get confused with others, making it difficult to make a final decision. Keeping track of the homes you see is incredibly simple with today’s technology and a little help from a well-organized checklist. Pictures Tell […]

Continue Reading »

How Can I Find Information On The Property Tax Liability?

By on January 16, 2014 in Mortgage Videos

If you’ve calculated your principal and interest for a potential home purchase, you must also add in the local property taxes as well. Property taxes are typically due twice a year, depending on the region. However, taxes can be several thousand dollars, making them difficult to pay in just two payments each year. Most homebuyers […]

Continue Reading »

How Can I Improve My Score?

By on January 15, 2014 in Mortgage Videos

Before you even begin to search for the perfect home, you need to be able to finance it. Many real estate professionals suggest being pre-approved for a home loan before attending an open house. If you have a poor credit score, however, a pre-approval is difficult to find. Because credit scores can range between 300 […]

Continue Reading »

What Steps Could I Take To Lower My Homeowner’s Insurance Costs?

By on January 15, 2014 in Home Buying Advice, Mortgage Videos

Homeowner’s insurance is mandatory for any homebuyer, and must be presented on closing day to gain access to the property. Like any insurance policy, however, the premiums can be exorbitant, depending on the home’s size, materials and location. There are several ways to lower your homeowner’s insurance policy through strategic property selections and decreasing the […]

Continue Reading »

How Do I Choose The Right Lender For Me?

By on January 15, 2014 in Mortgage Videos

You may be concerned about finding the perfect realtor and property, but your lender is another entity that needs true research. After all, the lender is who you will be dealing with every month when you pay your mortgage. You want a lender that you can trust to give you a fair deal on a […]

Continue Reading »

Do I Need A Lawyer To Buy A Home?

By on January 15, 2014 in Mortgage Videos

If you take a look at the sheer paperwork involved in purchasing a home, it is probably one of the most complex transactions you will ever experience. From property lines to loan stipulations, there is a lot of complicated legal wording that can appear overwhelming and confusing. Hiring a lawyer is not mandatory in all […]

Continue Reading »

What Are “Home Warranties”, And Should I Consider Them?

By on January 15, 2014 in Home Buying Advice, Mortgage Videos

A newly purchased home has been appraised and inspected several times over, making it free from any major problems. This bill-of-health is perfect for homebuyers that have invested substantial savings into a home, but it is still critical to consider a home warranty. This type of insurance covers specific amenities in the home, such as […]

Continue Reading »

What Is Earnest Money, And How Much Should I Set Aside?

By on January 15, 2014 in Mortgage Videos

You may have heard of down payments and closing costs on a home loan, but earnest money is another term that plays a large role in purchasing your dream home. In essence, earnest money is an amount that you place on the property as a sign of intended purchase. Much like playing poker, you want […]

Continue Reading »

What Are Discount Points?

By on January 15, 2014 in Mortgage Videos

When you purchase a home, there are many terms that you encounter, from interest rates to escrow. Discount points sound intriguing and definitely benefit the homebuyer. They are prepaid interest you pay on a loan. Whether you buy one or more points, your monthly payment decreases, along with your overall interest rate. Take a look […]

Continue Reading »

How Can I Determine My Housing Needs Before I Begin The Search?

By on January 15, 2014 in Mortgage Videos

If you are tired of the cramped apartment you share with your spouse and children, it is time to branch out and find a new home you can invest in. Beginning a house search is an overwhelming chore, with hundreds of homes listed online alone. Take a deep breath and start a list. Every family […]

Continue Reading »

How Do I Determine The Initial Offer?

By on January 15, 2014 in Mortgage Videos

Each real estate transaction is unique, allowing both sellers and buyers to negotiate over pricing, appliances and even closing costs. Your initial offer is often the starting point for final negotiations. You want this offer to be fair for both parties, depending on the property and seller’s situation. Communication Is Key For most homebuyers, you […]

Continue Reading »

How Can I Protect My Family From Lead In The Home?

By on January 15, 2014 in Mortgage Videos

When shopping for a new home, lead inspections are mandatory for homes built before 1978 where buyers also have small children under the age of 7-years-old. Older homes often have lead-based paint remaining inside the home. Over time, the paint deteriorates and flakes. Children may come into contact with the old paint. Homeowners will often […]

Continue Reading »

How Does The Interest Rate Factor In Securing A Mortgage Loan?

By on November 18, 2013 in Mortgage Rates, Mortgage Videos

Your monthly mortgage payment is greatly influenced by the interest rate you agree to when taking out the home loan. Appearing like a lesson in gambling, interest rates are never completely stable. They fluctuate each day by tenths, hundredths and thousandths of a percent. When you secure a mortgage loan, the interest rate factors in […]

Continue Reading »

Top