Forbearance vs. Deferment?

Unemployment, furloughs, and reduced earnings have dramatically increased since COVID-19 has shutdown the world. For most Americans, the biggest monthly expense is being impacted: mortgage payment. With this new reality, it does not mean that foreclosures are necessary for homeowners. There are options, and most mortgage lenders will work with homeowners. The current landscape isContinue reading “Forbearance vs. Deferment?”

Dealing with Financing

As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing with the dollar signs so that you can take down that “for sale” sign on your new home. Get pre-approved.Continue reading “Dealing with Financing”

5 Tips for Buying a Home

Looking to buy a home? Here are five essential tips for making the process as smooth as possible. Get your finances in order. Start by getting a full picture of your credit. Obtain copies of your credit report. Make sure the facts are correct, and fix any problems you find. Next, find a suitable lenderContinue reading “5 Tips for Buying a Home”