Nobody wants to get stuck in a situation where you buy a home and then later loose it to foreclosure. If I can offer any advice, it would be to always be careful BEFORE getting a loan by making sure you understand the terms, and seeing that it fits your budget the best it … [Read more...] about Avoiding Risky Home Loans
Mortgages
Don’t Make These Mortgage Mistakes
Home mortgages are a tricky business. It isn't everyday that you shop for a home, so naturally, I don't expect you to be experts with the home mortgage process. However, since a mortgage is such a large amount of money, I want you to be as prepared as possible. To help you get … [Read more...] about Don’t Make These Mortgage Mistakes
Homeownership Pros and Cons
Before purchasing my first home, I found myself weighing the pros and cons of what that actually ment. And I think there comes a point in most people's life when they start to consider the same ups and downs of homeownership. While it may seem like a large, intimidating expense, … [Read more...] about Homeownership Pros and Cons
Wondering If You Should Refinance?
Before we get into when and why you should refinance, I want to quickly define what exactly it means to refinance. In a nut shell, refinancing is when you pay off your current mortgage with a new one. So what's the point of that? The whole point of refinancing a mortgage is to … [Read more...] about Wondering If You Should Refinance?
Mortgages and Maintenance
As a homeowner myself, I can tell you that your home isn't a stationary object - it's a living thing that always seems to need attention and maintenance to stay healthy. Sadly, the money needed to keep up with your home isn't always readily available. However, if you are looking … [Read more...] about Mortgages and Maintenance
It’s a Good Time To Buy
If you ask me, this is a good time to buy a home providing you can afford it. If we've learned anything about the current disaster in the home-buying market, it's that buying a home you can't afford inevitably leads to disaster. And in this case, the disaster is not only in the … [Read more...] about It’s a Good Time To Buy