mortgage

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Buyers Beware: Time Is Running Out

Buyers Beware: Time Is Running Out

For years and years the real estate market has been up and down, up and down, a cycle that repeats itself every 7 to 14 years on average.  SEVEN TO FOURTEEN YEARS!!!  That’s long enough to start a family and have kids in elementary school AND high school.  Remember how long 4 years was when [...]

Man Buys House, Raises Annual Income

I frequently find myself in conversations with people who are unaware that they could in fact purchase a home.  There is a misconception that homes come with more bills than apartments, and that owning a home locks you in to living in one place forever.  Ownership doesn’t mean you’ll incur additional expenses if you choose [...]

Current FHA Limits

The following are the current mortgage maximum limits as of the date this page was published:

Single Family
Duplex
Triplex
Fourplex

$346,250
$443,250
$535,800
$665,850

What is a short sale?

What?
The concept is rather simple. When you sell something for less than the amount that is owed, you are selling it short of the full amount.
Why?
Lenders became opportunists during the past few years and decided that they would irresponsibly lend the full value of homes to nearly anyone without proof of income. In [...]

So You Found The Right House, Now What: Part 1

So You Found The Right House, Now What: Part 1

Before the internet existed, the process would have occurred in a different order. You would have first sought out your real estate professional, then you would have begun searching for a home. This is still happening today, but now you have the ability to find the home you love on your own. [...]