Have Great Credit? Don’t Mess With It.
You’re never late paying bills. You always know exactly how much money is in your bank account. You pay off your loans early. You’re a mortgage lender’s dream. As long as you don’t mess with your...
View ArticleBuying a House Without Regrets
When I’m talking to a particularly nervous home buyer I tell them, “Stop worrying so much. People dumber than you and me have bought houses.” But here’s the question: did they do it without regrets?...
View ArticleWhen Buying a House, Have a Sense of Humor
Sure, you’re spending more money than you’ve ever had before. And if your lender is wrong and you can’t really afford the payment, you could end up sleeping in your car. But hey, that’s no reason not...
View Article4 Reasons Every Home Buyer Should Watch The News
I’ve noticed something interesting in my home buyer’s classes. When I introduce a subject by saying, “You may have heard in the news lately…” I get two reactions. Some students nod wisely. The rest...
View ArticleKnowing What to Expect Makes Home Buying Easier – Quick Tips
Sitting across from the buyer, I felt terrible. All he wanted was to buy a house of his own. And it was taking forever. Why? Because the house he had chosen needed New York state approval of its home...
View ArticleLet the Sellers Do the Work – Quick Tips
If you want a special house feature, like a sunroom or a kitchen Alton Brown would envy, should you buy a simple house and do the upgrades yourself? Or let the sellers do the work? If you buy a house...
View ArticleKeep Christmas Credit Card Bills From Blowing Up Your Home Buying Plans –...
‘Tis the season—to abuse credits cards doing your Christmas shopping. Keep your holiday spending from blowing up your home buying plans. If you carry a credit card balance, you don’t want it to go up....
View ArticleFind Your Perfect Neighborhood – Quick Tips
On vacation you found the perfect neighborhood—beautiful houses, friendly people, close to shops you find funky and fun. Unfortunately, it’s miles from where you work. If only you could those...
View ArticleTame Your Spending in 2014 (Infographic)
Many first home buyers defeat themselves just thinking about how hard it is to save tens of thousands of dollars for down payment and closing costs. Two things will make it easier: keep the big picture...
View ArticleWhat is a Prepayment Penalty? Quick Tips
Did you ever think you could be penalized for paying off a mortgage early? You can if your loan has a prepayment penalty. A prepayment penalty is a clause in your mortgage that charges you a fee if you...
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