OKAY – I know this article does not have any Political Substance. However maybe it will make us all think just a little more about that 2012 elections and who mwe want to lead our country back into prosperity. Have fun reading this re-post of Mr. Will’s Blog and let your mind drift a bit… Continue Reading
Tag Archives: Oklahoma
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
Understanding Capital Gains in Real Estate
Understanding Capital Gains in Real Estate When you sell a stock, you owe taxes on your gain — the difference between what you paid for the stock and what you sold it for. The same holds true when selling a home (or a second home), but there are some special considerations. How to Calculate Gain… Continue Reading
How to Not Pay Too Much for Your Home
How to Not Pay Too Much for Your Home Whether you are buying your first home, or your fifth, the process of buying a home is a detailed, time-consuming venture. At the same time, it’s an emotional period laden with difficult choices. You want to ensure that the home you purchase meets your family’s needs… 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
Private Mortgage Insurance is Tax Deductible
Private Mortgage Insurance is Tax Deductible Congress has extended tax deductions for homeowners paying private mortgage insurance through 2010. But to qualify for the deduction you must have bought or refinanced your home since Jan. 1, 2007. Families with adjusted gross incomes of up to $100,000 can deduct 100% of their insurance premiums, much the… 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