Financing

Free Home Market Analysis Give us a call for a FREE home market analysis……If you have an hour of time to share your business or home with us, we can provide you a FREE market analysis on the value of your home. Continue Reading about Home Value

Loan Types to Consider Brush up on these mortgage basics to help you determine the loan that will best suit your needs. Mortgage terms. Mortgages are generally available at 15-, 20-, or 30-year terms. In general, the longer the term, the lower the monthly payment. However, you pay more interest overall if you borrow for a longer term.Fixed or adjustable interest rates. A fixed rate allows Continue Reading about Loan Types to Consider & How Much Can I Afford? Tax Benefits of Ownership

Get Your Finances in Order: To-Do List Develop a household budget. Instead of creating a budget of what you’d like to spend, use receipts to create a budget that reflects your actual spending habits over the last several months. This approach will factor in unexpected expenses, such as car repairs, as well as predictable costs such as rent, utility bills, and groceries.Reduce your debt. Lenders Continue Reading about Get Your Finances in Order

The first step in getting yourself in financial shape to buy a home is to know exactly how much money comes in and how much goes out. Use this worksheet to list your income and expenses below. IncomeAmountTake Home Pay (all family members)Child Support/AlimonyPension/Social SecurityDisability/Other InsuranceInterest/DividendsOtherTotal Income ExpensesamountRent/Mortgage (include taxes, Continue Reading about Budget Basics Worksheet

5 Factors That Decide Your Credit Score Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score: Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.How much you owe. If Continue Reading about YOUR Credit Score AND Tax Questions to Ask