Divorce Specific: Process and Timeline Dividing Property Tax Considerations Buying A Home 1. What do I need to do before buying a home? Step 1: Set a housing expense budget (include estimated payments for mortgage, property tax, insurance, HOA, and maintenance) Step 2: Save for the down pa...
“I had a house for sale with another Realtor. They took forever, over a year, and then I found Geremy. Geremy looked at the house and the next day we receive his offer which we accepted, and two weeks later we were able to close. Throughout the process Geremy was there helping me ...
Does Your Home Loan Have a Prepayment Penalty? How do you know if your mortgage has a prepayment penalty, and what does it mean for you when it does? Everything you need to know is right here. Read More Four Reasons Why You Shouldn’t Clean Out Your Savings When Buying a Home Whe...
Like the mortgage interest deduction, discount points are deductible on the first $750,000 of debt. You can claim a deduction for points over the life of the loan if you refinanced your loan or took out ahome equity line of credit (HELOC). A small percentage of the points is built into...
ve broken all-time lows while bottoming out at 2.67%. Even though rates have bumped up a bit, they still remain historically low and are one of the many accelerants of the current market. With inflationary pressure mounting, some fear a drop in mortgage bonds which could have an adverse ...
Cons of Buying a House With Friends Your friends’ credit scores can negatively impact your mortgage:If one friend’scredit scoreis much lower than everyone else’s, that could mean a higher mortgage payment. It can be difficult to back out:“You're going to be tied to them financially in...
Once you’ve studied the home buying checklist, you’re ready to get the ball rolling. Start with an overview of today’s mortgage rates to find out what you can afford. Time to make a move? Let us find the right mortgage for you...
When you’re up against a tight deadline, you won’t have time for small fixes like fresh paint or basic yard work. You need to sell now and fast! Threat of foreclosure Can you no longer afford your mortgage payments and the tax liens levied against your property, so you want out of...
Buying your first home is a huge step, but tax deductions available to you as a homeowner can reduce your tax bill.
“If you are serious about selling your home now, don’t get greedy with the asking price. This is still a seller’s home market as there simply aren’t enough affordable homes for sale in many parts of the country. But with average 30-year mortgage rates above 6%, buyers are much mo...