How to Rehab a Home While most want to purchase a modern home that doesn’t need any work, others like a project. Thanks to HGTV and YouTube, rehabilitating or ‘rehabbing’ old and disheveled homes have become more popular – but a home rehab takes a lot of time and resources. As short sales and foreclosures… [Read More]
What to Know About COVID Related Forbearance
What to Know About COVID Related Forbearance The COVID-19 pandemic has turned the world snd the real estate industry on its head. Many Americans have been laid off, furloughed, or otherwise aren’t making the same income they did before the pandemic started. Unfortunately, this means many homeowners are struggling with their mortgage payments and it’s… [Read More]
What is Mortgage Fraud?
What is Mortgage Fraud? On the surface a mortgage is simply a loan that the borrower pays back to live in their house, but unfortunately, mortgages can be much more complicated than that. The more complicated a mortgage becomes, the more difficult it can be for a layperson to understand exactly what’s happening, what the… [Read More]
Buying a Condo vs Renting
Buying a Condo vs Renting It’s one of the biggest decisions in your financial outlook but it can be a tough one to figure out – to buy or rent? Buying vs renting has long been a challenging question but what if you plan on living somewhere smaller, like a condo? Whether to buy or… [Read More]
What is the process of buying a foreclosed home?
What is the Process of Buying a Foreclosed Home? Everyone is always on the lookout for a great deal and that includes real estate. If you’re willing to take some risk to save money on a home, you should consider buying a foreclosed property. Traditional real estate transactions are complicated by themselves but the process… [Read More]
Do I Need Title Insurance in Colorado?
Do I Need Title Insurance in Colorado? When you buy a house, a lot of money is in the air. There are always risks when hundreds of thousands and possibly millions of dollars are loaned out, and those risks can lie in wait in the form of title issues. Luckily, home lenders, borrowers, and sellers… [Read More]
What to Do If You’ve been Denied a Mortgage Loan After Pre-approval
What to Do If You’ve Been Denied a Mortgage Loan After Pre-approval Imagine this scenario, you’ve gone through mountains of paperwork and read all the expert blogs to make sure you’re doing your home purchase the right way. You’ve received pre-approval and you’re ready to secure a great mortgage term but there’s a problem –… [Read More]
What is an Advantage of an Adjustable Rate Mortgage?
What is an Advantage of an Adjustable Rate Mortgage? Buying a home is a complex process with too many numbers for any one sane person. Buying price, selling price, interest rates, credit scores, all those numbers can be difficult to get a handle on, but you need to know what you’re up against for the… [Read More]
Additional Expenses When Buying a Home
What is a Short Sale on a House?
Short Sale Information for Homeowners Whether it be the loss of a job or unexpected expenses, everyone must deal with tough financial situations at least once in their lives. An unexpected loss of income can cause issues from canceling a family trip to not being able to pay a mortgage, but what do you do… [Read More]