In times of financial prosperity, people are optimistic about purchases and financing. Consequently, many people have ridden the swelling prosperity of the past few years with little urgency or regret. Unfortunately, we now see what can happen during times of great uncertainty and financial instability with the advent of COVID-19. Tapping into Your Home’s Equity […]
Why Do We Love Stockton? Let Us Count the Ways!
The news is full of depressing stuff. Yet, here in California, we live in one of the most beautiful states in the nation. This may be a great time to extol the virtues of our fair city with some of the reasons we love living here. The History Here in Stockton, we have deep roots […]
Important Practical Tips for Young Home Buyers
According to research, Rents have increased over the last few years, leading millennials to research the potential of home buying instead of renting, when rents begin to equal the average monthly housing payment it makes sense to buy rather than rent. for tax purposes you receive a $60 renter credit from the state and as […]
Is an FHA Mortgage Right for You?
If you are a first-time home buyer who is concerned about being able to qualify for a mortgage, you may want to consider an FHA mortgage. What is an FHA Loan? FHA loans are government-insured loans through the Federal Housing Administration although they are approved and administered by regular lenders that often offer conventional mortgages […]
The Important Advantages of Working with a Mortgage Broker
If you have been mortgage shopping lately, you know how confusing it can be. Should you consider a 30-year mortgage or a 15-year mortgage? Fixed or adjustable? What if you are having trouble qualifying altogether? You’re not alone. Chances are that you have come away from the experience overwhelmed and unsure about what to do […]
3 Current Trends in Today’s Mortgage Industry
With recent slow but steady rise in interest rates, we’ve witnessed a steady increase in mortgage industry activities such as construction projects and an increase in home equity bill consolidation lending. According to TransUnion, an estimated 10 million consumers will be applying for a HELOC (home equity line of credit) between 2019 and 2022. Consequently, […]
6 Things You Should Take into Consideration Before Refinancing Your Home
With today’s low rates, you may be thinking about refinancing your current mortgage. Before you do, you want to make sure that it’s worth your while and right for your current financial circumstances. Here are some things you should consider when deciding to refinance your current mortgage. Consider the Interest Rate The rule of thumb […]
Two major items home buyers need to think about before contacting a realtor
Many people find it useful to have a checklist and on any good checklist these 2 items should be the first items on that list. as they are essential to getting the ball rolling on your dream of home ownership. The 2 major items a potential home shopper needs to begin to think about before […]
How to pick the right real estate agent
In our last post we talked about the pre-approval and how the twp most important items that any potential home buyer needed to focus on first was their credit and their pre-approval. Assuming all looked good in those areas, the next item to sit down and consider is how to pick the right real estate […]
Finding a home and making an offer
In earlier posts we discussed finding the right lender and realtor. Now it is time to move on to the most exciting and sometimes nerve racking part of the home buying process. It is time to search for that home of your dreams and make an offer. Before hopping into the car with your realtor […]
