Do you know where your main water shut off valve is located? If you have a water emergency you may need to know. Like having a fire extinguisher. You hope you don’t need it but it’s there if you do. Most often the shut off valve is located at the front of the home where […]
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 […]
If you are going to own a home then you are going to need home insurance. This is a must for most mortgage companies that you have some type of insurance on your home. Lenders may only require fire insurance but depending on where you live you may want more like hurricane coverage or flood […]
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 […]
Your home is probably the largest personal asset you have and as an asset it can be used to increase your financial stability. As your mortgage amortizes, it becomes a mandatory savings account with the balance of your mortgage decreasing with every payment. You begin to build equity. You can use this equity to improve […]
Are you one of the people who don’t really care about your credit rating until you need it for a loan? If so, you are taking a chance on being denied future loans and/or delaying any decisions on financing. A common issue is not reviewing and correcting items recorded on your credit report. There are […]
Wow, you just got your water bill and it is through the roof! This may indicate a water leak in your home. Try this simple test before you shell out for the plumber. Find your water meter. It will be located at the street where you home connects to public water service. If you need […]
A homeowner builds equity in their home and as that home appreciates it guarantees the value of their investment. Going into your home buying experience, you may have resolved the fact that you will have a mortgage payment for 30 years. But what if you could quickly increase your equity while reducing interest owed on […]
Homeowners have many reasons for buying and owning a home. They want a place to raise their family, a place to call their own and a place you can share with family and friends. Not to mention, it is a great investment, gives you security and peace of mind, some pride in what you own […]
It’s the middle of the summer and we are about to celebrate the 4th of July. Grilling will be in demand this weekend and for the rest of the summer. But when you work with fire you take a chance on getting burned. When you gather with friends and family make sure you observe these […]
