Category Archives: Home Buyer Tips

Are You a Negotiator?

are you a negotiator

Buying or selling a home involves negotiation at all stages of the process whether you like it or not. It’s not like going to the store where you decide to buy something and then just pay for it. Emotions get involved that could affect the negotiations adversely and it is easily the most expensive purchase […]



Home Buying Begins with Help

Home Buying Begins with Help

A team of professionals is involved in the process of buying a home. You have the lender, the appraiser, the inspector, the property insurance agent, the title officer plus others. But a real estate agent may hold the most critical role. Baking a loaf of bread seems simple. With only four ingredients: flour, salt, yeast, […]


Scams to Steal Your Mortgage Closing Money

scams to steal your mortgage closing money

Willie Sutton was an American bank robber and he was asked why he robbed banks. He answered, “because that is where the money is!” He stole about $2 million during his 40-year career. However, internet scammers are stealing much more by using phishing schemes and preying on unsuspecting home buyers. These scammers know where to […]



Update: COVID-19 home showing procedures

covid-19 showing procedures

These are unsettling times and buyers and sellers have a concern about keeping virus-free and staying healthy like the rest of us. To keep everyone safe, these new showing procedures should be considered before walking into a home. Agents are reporting that they are selling homes where the buyers have not physically been in the […]


Mortgage Shopping for Better Rates

mortgage shopping for better rates

Lower rates on mortgage loans not only help you amortize your loan faster you will also have a lower monthly payment. A $250,000 mortgage at 4.5% for 30 years will have a $1,266.71 combined monthly payment.  At 4%, the same loan will have $1,193.54 combined monthly payment saving you $73.18 a month and at the […]


Do you have the look? But not the type?

do you have the look?

The determining factor for what type of property you have is not in how it looks but rather in your intent for use. Based on your intentions, a property you own can be a principal residence, an income property, an investment property or a dealer property. Let’s look at the definition of each. Principal Residence […]



An Alternative Down Payment Source

an alternate down payment source

If you invest in or have a company-sponsored 401k, 403b or have a life insurance policy, you may know that you can borrow funds against these sources. Alternatively, you cannot borrow against the funds in a traditional or Roth IRA without incurring a 10 percent penalty before 59 ½ unless you use it for one […]