Your debt-to-income ratio, or DTI, plays a huge role in loan approval 📊
DTI measures how much of your monthly income goes toward debt payments. This includes car loans, student loans, credit cards...
Mortgage language can feel like another language at first 📘
But knowing a few key terms can make you a smarter, calmer buyer.
PrincipalThis is the amount you actually borrow. Your payments gradually reduce this balance over time.
Interest...
Title insurance protects you from past problems with your home’s ownership—like unpaid taxes, liens, or ownership disputes. One-time fee, lifetime coverage. It’s peace of mind you definitely want when buying a home 🏡.
Got questions ...
The interest rate is what you pay to borrow money. The APR (Annual Percentage Rate) includes that plus other costs like points, fees, and closing costs. APR is the more accurate picture of what a loan will truly cost you 📊. Don’t just shop...
If you’re buying a home, a buyer’s agent can be your best advocate. 💼 Here’s why:
They represent your interests and guide you from search to closing.
They help you find homes, schedule tours, and craft competitive offers.
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When it comes to real estate, not everything in the home stays behind. 🏠 Know the difference:
Real property includes the land and anything permanently attached—walls, fixtures, built-ins.
Personal property is anything movable—f...
In a Sellers market, it is not uncommon for there to be multiple offers on a property. While this may seem like a great problem for sellers to face, how do they know that the buyer they choose can close on the home? Regardless of what market ...
Buying a home is a process. Once a buyer writes an offer and has it accepted, the listing is placed in a state called “pending sale.” During this stage, the principals involved perform all the elements of the contract, and once complete, th...
Typical real estate offers include a wide variety of standard contingencies. These can include home inspections, appraisal, and loan approval. In a fast-moving, seller’s market, one of the ways to make an offer more appealing is to remove con...
Typical real estate offers include a wide variety of standard contingencies. These can include home inspections, appraisal, and loan approval. In a fast-moving, seller’s market, one of the ways to make an offer more appealing is to remove con...
It may seem like there are a million steps to the closing process when buying or selling a home. A title search is just one of the many stages and title problems may account for almost 10% of closing delays. As a seller, doing a preliminary tit...