Our Latest Blogs
Homeowners Association: Everything You Need to Know
Many properties, usually condominiums and those in gated communities, are part of a homeowner’s association. But what exactly is a homeowner’s association? We’re here to tell you everything you need to know about HOA and how to make the best decision when buying a housing property. What is a Homeowner’s Association? Homeowner’s Association (HOA) is an organization that manages the community for a subdivision, planned community, or condominiums. Each HOA creates and enforces their own covenants, conditions, and restrictions (CC&Rs).
Underwriting Process
Many assume that a pre-approval is a guarantee and that they will receive a loan. But, you need to get a final approval during the mortgage underwriting process before you can officially receive your loan and close on a house. So we’re here to share everything you need to know about underwriting and the process. What is Underwriting? Underwriting is the process used by lenders to determine if a potential homebuyer is eligible for a mortgage loan based on their
10 Top Tips of Real Estate Investing
Real estate investing can be a fantastic way to build your investment portfolio with tangible assets. But, like any type of investment, real estate has its unique quirks and pitfalls. Here are 10 tips to help you make a real estate investment that will produce a profit for you. 1. Do Your Homework About Your Real Estate Market Is the market in an up or down cycle? This simple check can save you a ton of headache and thousands of
Don’t Be Afraid to Talk About Your Finances
People don’t bring up money management and personal finances in conversations on a daily basis. Studies show that people would rather talk about politics or religion than money. Why are we so afraid of having the money talk? Should we be more open about sharing our personal finances, know-hows, and mistakes? Today, we’re breaking down the money taboo as well as sharing the importance of talking about money. Why are so we afraid to talk about money? It’s considered impolite
When is the Best Time to Buy a House? Now, Before Rates Rise
For the general public, this time of year is not usually considered the best time to buy a house. People are busy preparing for the holidays, kids are still in school, and it’s too cold to be moving to a new place. However, due to the speculations of rising mortgage rates and increasing housing prices for 2017, this could be a great time for those looking for a good deal on their future home before it gets more costly. Are
7 Financial Goals for the New Year
The new year has already begun, which makes now a great time to review your finances and set financial goals for this year. When setting financial goals it’s important to determine your short-term, mid-term, and long-term goals. Based on those goals, calculate definite amounts you would like to save, invest, spend and set a specific plan in place. Don’t forget to revisit your goals often so that you can keep track of your progress and refine your plans along the
5 Keys to Breaking Bad Financial Habits
We all have good and bad habits with money. Many of these habits came from what we learned as kids at home. As adults, we may not have taken out the time to evaluate the true worth of these habits, attitudes, and beliefs about finances. The good thing is that we’re not stuck with these bad money habits. Here are five key tips and tricks to break those bad financial habits. How Bad Do You Want It? It’s been said,
Home Improvement Ideas For the New Year
Are you overwhelmed by all the home improvement ideas and projects that are being offered for the new year? Well, we’ve made it easier by narrowing down the list to the most important home projects. Here are the much-needed home improvement ideas for the new year. Assess and Create a Plan The first step is to make a list of all the home improvement projects and maintenance that was done last year. Be sure to write down how much was
