This series, Getting Started, is about should you buy or rent at this time, what can you afford, how do you secure a mortgage and home buyer tips from real estate brokers and mortgage lenders. 1) Advantages of buying vs renting 2) How much home can you afford 3) Getting a mortgage in today’s market […]
Buying vs Renting, Build Your Own Equity Not Your Landlords
Buying vs renting, build your own equity not your landlords … If you are renting, buying a home could very well be a financial move that benefits you in the long run, as you pay your own mortgage and build equity instead of paying your landlords mortgage. What is your monthly rental payment? $450, $500, […]
If You Buy a House Now, You Will Save About $217,000.00!
Buying a home costs money. Lots of money. There’s the down payment and the monthly mortgage payment and the maintenance and taxes and the insurance and… Are you overwhelmed yet? It might seem like so much that you just want to put off the house hunt and sign that yearlong lease with your landlord (even though he […]
3 Reasons Why Oxford MI Home Owners Need to Get Moving
3 Reasons Why Oxford MI Home Owners Need To Get Moving … This spring would be the perfect time for home owners to get off the fence. After all, many markets are still tilting in the sellers favor. Here’s why: 1) LESS COMPETITION: A limited number of homes on the market will help sellers nab top dollar, […]
How do You Qualify to Buy a House?
The Mortgage Mistake Nearly Half of Lapeer MI Borrowers Make
This story from Catey Hill, The $25,000 Mortgage Mistake Nearly Half of Borrowers Make, talks about how many people pay to much for their mortgage … Did you pay too much for your mortgage? If you’re like millions of Americans, the answer is probably yes — and that means you may be throwing tens of thousands of […]
Mortgage Rates in Lapeer Michigan Still Near Yearly Lows
This article in the RealtorMag dated 11/14/2014, Mortgage Rates Still Near Yearly Lows, quotes Freddie Mac on last weeks mortgage rates … The 30-year fixed-rate mortgage is hovering around 4 percent. This has been keeping borrowing costs low for refinancers and home buyers for the last few weeks, Freddie Mac reports in its weekly mortgage market survey. […]
8 Mortgage Mistakes You Can’t Afford to Make
To avoid some of the biggest missteps, you should first know what they are … The 8 Mortgage Mistakes You Can’t Afford to Make by Craig Donofrio in this months article from Housing Trends eNewsletter … Picking out the perfect home can be a challenging task. But that’s only the first step. You still need to be an attractive […]
Dramatic Easing of Mortgage Standards in Lake Orion
Plans to expand buyers access to mortgages by loosening standards, announced 10/21/2014 here in RealtorMag, FHFA’s Dramatic Easing of Mortgage Standards … Federal Housing Finance Agency Director Mel Watt on Monday announced plans to expand home buyers’ access to mortgages by loosening up lending standards. FHFA’s Latest Efforts FHFA Unveils New Plans to Make Mortgages Easier to […]
What Is? A Series of Questions From Clients on Real Estate And Mortgages
What is? A series of questions from clients on real estate, mortgages and inspections. After awhile our clients questions were pretty much the same, so we thought we would answer the popular questions in video form for everyone. Below are the last 3 video answers to the questions most asked of us lately, what is… 1. […]