Your Plan 1. Find the right representative Even if you’re not quite ready to buy, your buyer’s agent can be an absolute wealth of information, and can often offer ‘scoops’ on local developments you might not have know about otherwise. Speak to your agent first and he or she can be helping to guide you… Continue Reading
Tag Archives: Jenks
About Credit
About Credit In the United States, a credit score is a number that is based on a statistical analysis of a person’s credit report, and is used to represent the creditworthiness of that person- the likelihood that the person will pay his or her debts. A credit score is primarily based on credit report information,… Continue Reading
Easy Spring Cleaning
Easy Spring Cleaning If you don’t have time for a huge ordeal, here are some tips from the Good Housekeeping Institute on how to tackle the important stuff. Behind the big stuff This is a great time to move the beds, sofas and other heavy furniture that you typically don’t bother with. Going one side… Continue Reading
LANDSCAPING TIPS That Wow Buyers
LANDSCAPING TIPS That Wow Buyers 1. Use decorative Architectural elements like a new mailbox, planted window boxes, and a low fence wrapped in vines to catch attention particularly during winter months when few plants are blooming. Colors should complement the landscape and home. Just don’t overdo it, Too much can seem like tacky lawn ornaments…. Continue Reading
what type of mortgage works best for you
what type of mortgage works best for you Step 1: Figure out what type of mortgage works best for you I have forever advised sticking with a 30-year fixed-rate mortgage, and paying extra on the principal every month to pay it down more quickly. Yes, the rate will be slightly higher than a 15-year mortgage…. Continue Reading
What is a Rural Development Mortgage?
What is a Rural Development Mortgage? Rural Development or also known as USDA Mortgage is a conventional mortgage that offers 100% financing. It can be used for the purchase of a new or existing single-family dwelling. Home must be owner occupied. Mortgage insurance is prohibited. No down payment required. 30 year loan term, fixed interest… Continue Reading
How Will my Mortgage Lender Calculate my Income???
How Will my Mortgage Lender Calculate my Income??? When you shop for a mortgage or other loan, one of the key factors a lender will take into consideration before granting approval is your debt-to-income ratio. This is the ratio between how much you owe each month on personal debt and how much you earn. This… Continue Reading
Lending for Foreclosed Properties
Lending for Foreclosed Properties Many buyers contact me who are pre-approved and want to buy a foreclosed property so that they can get a great deal. Foreclosed properties range in condition. Some just need some updating while others need structural, sheet rock, floor and other repairs. These homes are usually sold “as is” which means… Continue Reading
Should I buy down my Mortgage Rate?
Should I buy down my Mortgage Rate? Interest rates are constantly in flux. In fact, the interest rates will likely change between the time you start your mortgage application and the time you are approved. Locking the interest rate does not become in effect until you have property and contract. First you need to understand… Continue Reading
Credit Scores & Credit Reports- Things That Hurt and Things That Help
Ever wondered exactly how the credit reports and credit scores could effect you? Here is a simplified breakdown of what can help you and hurt you regarding your credit. Credit Score Model • Scores are Somewhat Counter Intuitive • 30% of your score is based on Balance to Limits -Individually & Cumulatively -Balances normally reported… Continue Reading