As home prices rise, more home buyers are looking at Manufactured Homes as a viable alternative to "stick built" homes. Historically, mortgages for these manufactured homes have been tough to find, but things, they are a-changin'. What Exactly is a Manufactured Home? If a … [Read more...] about Have You Ever Thought About Buying a Manufactured Home?
Ready for Some Home Design Trends for 2019?
Are you ready for home design trends for 2019? Read on . . . 1. Bold wallpaper has been working its way back for a while now. Definitely bold - no washed-out flower patterns. Birds, flowers, clouds and geographical designs are all very in, but make sure they are bold. And of … [Read more...] about Ready for Some Home Design Trends for 2019?
Mortgage Rate History
Interest rates seem high now, but remember, it's all relative. The history of mortgage rates tellsĀ a different story. I was a stockbroker in the 80's and remember when interest rates were double digits. When I became a mortgageĀ broker in 1990, my first loan was a refinance … [Read more...] about Mortgage Rate History
Why are mortgage calculators useless?
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!