RECENT BLOG POSTS
Most couples assume their marriage will last forever, but data shows that divorce is an inevitable reality for many. The most recent statistics from the Centers for Disease Control and Prevention show that in 2018, there were 782,038 divorces in the U.S., compared to 2.1 million marriages that sa...
03/16/2020
Buying a home is one of the most exciting purchases many people make in their lifetime — but it’s also one of the most expensive.  Beyond the list price of a home there are other significant ongoing expenses that add to the cost. For example, home insurance (also known as homeowners insurance) is...
02/24/2020
 When you’re planning to buy a house, there is more to consider than just the sales price. The home buying transaction itself costs money, as lenders, title companies, appraisers, home inspectors and realtors also have to get paid. Many of these fees are rolled into closing costs, which typically...
02/13/2020
When you apply for a mortgage, one of the first things a lender will look at is your credit score. To qualify for a conventional loan, you’ll need a score of at least 620. For an FHA loan, commonly used to help first-time homebuyers and people with credit issues, you must have a minimum score of ...
01/24/2020
If you're considering renovating your home, you’re in good company. Americans typically spend over $400 billion a year on home renovation projects and repairs. But not all home improvement projects translate into an increase in home value. In fact, making the wrong moves during renovations could ...
01/17/2020
If your client is looking to finance a second home, they are in good company. According to data from the National Association of Realtors, 72% of vacation homes are bought with a mortgage. One alternative to a traditional mortgage that some borrowers consider is a home equity loan or home equity ...
12/27/2019
A real estate sale is often more than just a financial transaction. Our homes offer shelter and they give us a sense of place and belonging. We fill them with memories and mementos, and we associate them with the family or friends who lived there. That’s why selling an inherited home can be such ...
12/11/2019
If your clients are looking for a change of pace, they're not alone. According to the U.S. Census Bureau, the average person moves 11.7 times throughout their life. Many are setting their sites on up-and-coming cities or states, such as North Carolina. The Tar Heel state saw an 8.9% growth in pop...
12/04/2019
Nothing can be more disheartening during the homebuying process than being denied a mortgage. Fortunately, receiving a rejection doesn’t mean a buyer has to give up on the dream of homeownership. With some education and a game plan, prospective homeowners can move forward after a mortgage denial....
11/20/2019
While it is possible to get a mortgage when in debt, home shoppers should be aware of the impact it has on the mortgage process.  Prospective buyers are sometimes surprised to discover that their debt load could lead to a higher interest rate, lower loan amount or the need to come up with a large...
11/14/2019
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