Information Central

As a homeowner, I would like you to recognize that as the professional who might have helped you buy or sell a home I can be a valuable resource while you are owning your home also. Think of me as a homeowner’s resource because I can make recommendations about services throughout the years you are […]

Shorter may be better

Often when we think about buying a home, we most instinctively think about a 30-year mortgage. Paying over 30 years makes our monthly payment a bit lower than choosing a 15-year mortgage and the principal and interest is pretty consistent. For decades, homeowners believed they would always have a mortgage payment. But today with the […]

Real Cost of Housing

Over the last several years, there have been a variety of factors that have led to a rental unit shortage especially with single-family homes. Due to this shortage, rents nationwide have been increasing. In most national markets, it costs considerably less to own than to rent. Paying less  on a monthly mortgage to buy a […]

Six Reasons to Invest in Rentals

When compared to alternative investments, rentals homes have some distinct advantages. With these advantages and the opportunity for a higher yield, it becomes a clear choice for many investors. Most types of investments have to be paid in cash up front. You can purchase stock with 50 percent cash, but if the value decreases, you […]

Your Best Investment

The Federal Reserve did a report on Consumer Finances. It reported that homeowners’ net worth is 36 time greater than the net worth of renters. Additionally, the National Association of Realtors® has predicted that at the end of 2015, homeowners’ net worth will be 41 times greater than that of renters. Considering all the factors […]

The Cost of Co-Signing

You may have been approached by a family member or friend to co-sign a loan for them. Assurances are made that they will make payments. You feel obliged because you don’t want to disappoint them. It won’t cost you anything…or will it? When we change our thinking about the loan it might make more sense. […]

What mortgage is best for me

Mortgage rates are creeping up but are still pretty affordable. If you are looking to buy a home, there is an alternative to the fixed rate mortgage but you need to understand the rules. This alternative mortgage can significantly lower your cost of housing over the first five years. As an example, let’s take a […]

Get rid of PMI early

Have you thought about making additional principal payments on your home mortgage? Here are three benefits: building equity faster, saving interest and shortening the term on your fixed rate mortgage. Just these items alone would be enough for you to justify paying the extra money. But there is also another huge advantage if you are […]