DO’s DON’Ts & APPLYING FOR A MORTGAGE
Getting a mortgage is a complex process and perhaps one of the most significant events of our lives, at least in financial terms.
Here are five potential pitfalls to avoid:
1. Making major purchases during the loan and home buying process: Items like furniture, appliances, and...
The time to purchase is NOW!
As we move into Fall - in what still feels like a Spring Homebuying season, there have been some recent actions taken by the FED that has had a positive impact on the mortgage and real estate industry leading to the perfect market for homebuyers.
The Federal Reserve redefined...
Navigating Negative Headlines
So which would you like to hear first, the good news or the bad news? Well, for most it’s an easy choice, the bad news comes out on top. Studies have shown that people are more attracted to negative news than positive, and no one does a better job of this than the media. Even in the midst...
Fannie Mae Updates Guidelines on Properties with Solar Panels
Recently, Fannie Mae updated its guidelines on properties with solar panels. Under the updated guidelines, a property with financed solar panels cannot contribute to the appraised value of the property.
If the solar panels are leased, they cannot be given value as part...