If you’re in your sixties and own your home, chances are you have heard about reverse mortgages. Reverse mortgages allow you to tap the equity in your property. But they have risks and could be costly. Here are five tips you should consider: 1. Weighing your options Whether you need money to pay bills or […]
Real estate is most likely missing from your investment portfolio. From many investment advisors not wanting to tell you advice for investments they do not earn a commission on, to the horror stories of becoming a landlord and dealing with stopped up toilets and irritated tenants, investing in real estate oftentimes gets pushed to the […]
When a couple purchases a house, whose name gets written on the title and whose name goes on the mortgage deed? For most homebuyers, the simple answer will be that both names go on both documents. But there are always exceptions with good reason. Here are a few things to know about this complex topic […]
The home-buying process is extensive and could be overwhelming. This is especially true for new homeowners who don’t do their homework. If you are in the market to buy a home next year, now is the time to start preparing. We are here to help! Getting Pre-Approved The moment you choose to buy a house, […]
Bitcoins are all the rage right now and are changing the way people think about money. But can you pay your mortgage using this new digital currency? Find out below! If you are looking to buy a house, there are a number of financial assets that could help you qualify for a mortgage including your […]
You are finally ready to make the move into homeownership. From all of the online searching you have done, you know that you need to get a “pre-something” to prove you are a serious home buyer. But which is it: preapproved or prequalified? These both sound good, but they have different purposes. Getting preapproved The […]
In today’s Orange County housing market, buyers and sellers alike try to understand the concept of home value appreciation. The value of your home may appreciate over time, unlike the purchase of a car which depreciates when you drive it off the lot. Appreciation is based on a few factors. Location is as important as […]
The seven mortgage facts below will give you an advantage when shopping for a home or refinancing an existing loan. 1. Mortgage rates are always changing Similar to the stock market, mortgage rates are changing throughout the day. Mortgage rates you see today might not be available tomorrow. If you are in need of a […]
VA home loans are one of the most powerful loan options on the market for veterans and active military. It’s becoming difficult for many military borrowers to build the credit and assets necessary to move forward with conventional home financing. The advantages of the VA loan program over other loan types are a big reason […]