Lending websites almost always offer mortgage calculators, designed to tell you what size mortgage you qualify for. Heck - even my site has one. They are fun to play with but they are useless! Here's why. Your Income First, what interest rate will you plug in? This will vary … [Read more...] about Why are mortgage calculators useless?
Homeowners on Golf Courses Find Themselves in a Hole
Are you thinking of buying a second home on a golf course? You might want to think again after reading this Wall Street Journal article. <h5>Quoting from the WSJ - Beware Golf Course Homes</h5> "When Mitch Steller first moved into his house on a lush 117-acre golf … [Read more...] about Homeowners on Golf Courses Find Themselves in a Hole
A Home Inspection and a Home Appraisal – You Better Know the Difference!
My clients often ask me about the difference between a home inspection and an appraisal. It is often confusing to everyone. The Home Inspection Home inspections are examinations of a property to determine the condition of the structural and mechanical systems. This is done by a … [Read more...] about A Home Inspection and a Home Appraisal – You Better Know the Difference!